Thursday, September 1, 2011


LinkedIn Calls Grow Popular Amid Groupon Optimism!







Traders showed an affinity for LNKD's narrowly out-of-the-moneyJune 80 call, which saw more than 1,500 contracts change hands. The majority of the calls traded at the ask price, suggesting they were bought, and call open interest at the front-month strike surged by more than 800 contracts overnight, pointing to the initiation of new bullish bets.


Following social media concern Groupon. What's more, the optimism surrounding the debut has continued this morning, with the shares of LNKD defying a broad-market sell-off.

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