Good Time to Initiate a Position
$CROX.US$ Sharply dropped after the news of acquisition, but volume and trend show that whales are buying in, and option shows they are more bullish than bearish.
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101564997 : I'm holding a call now for 125 for jan. should hold? thanks
Rookie Trader Gary OP 101564997 : I'm not an expert in option trading, but in the news there's a Jan 21 call sweep with strike price 125.
I'm bullish in Crocs for a longer term. Short-term they have to digest the acquisition since it's relatively too heavy for Crocs' size.