One investor sees more green in T-Mobile US, which has been a money tree in recent months.
optionMONSTER’s Heat Seeker monitoring system detected the purchase of 15,000 July 23 calls for $0.67 and the sale of 9,000 July 20 calls for $2. Volume was below open interest in the 20s, indicating that an existing trade was closed and rolled to the higher strike.
The investor collected a credit of $795,000 and now stands to make even more money with the new long calls if the wireless-communications stock continues to rally.
— Option Monster