Wednesday, April 10, 2013

Infosys earnings 04/12/13 : expecting a 10% move by 04/20 expiry

We expect INFOSYS (INFY) to close at $47.5 or below by April options expiration, based on the options traded last 10 days. we saw institutions selling $55 April calls and buying $55 May calls.
There will be a trade idea tomorrow by 2PM CST.

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