Dollar General Corporation, a discount retailer, provides merchandise products in the United States. Today we saw a trader buy over 7,000 DG 5.6.2014 55.5 Calls for $2.10. This is one of the biggest orders that I have ever seen in DG, so I knew the stock was going to rip to the upside. So, I decided to jump on board and buy these Calls as well. So, lets breakdown the trade in details.
Institutional Order Flow:
Trader bought 7,000 DG 6.6.2014 55.5 Calls for $2.10
Cash Outlay: $1.42 Million Dollars
Greeks of this Trade:
I am LONG these Calls