. Early in today’s trading session a trader bought 1,215 IMAX Feb 27 calls for $0.90 and sold 1,215 IMAX Mar 23 puts for $0.20. Volume on the Feb 27 call line has now reached 3,200 contracts and will add to open interest of 1,711 on that line. This also adds to the persistent call buying we have seen over the past week. Although the chart of IMAX is relatively...
Bullish Chart now Flagging a bit over resistance. Now needs volume breakout over 26.86. $DIS partnership to co-produce movie. 8 theater Indonesia deal. Excellent relative strength. Other entertainment stocks doing well also. Targeting 29-32 area.
