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KeeneOnMarket

Getting LONG BK based on a Unusual Options Activity

Long
The Bank of New York Mellon Corporation (NYSE:BK)  
KeeneOnMarket  
NYSE:BK   The Bank of New York Mellon Corporation
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The Bank of New York Mellon Corporation provides various financial products and services worldwide and the stock has been under performing the stock market, but I think it is time to rip to the upside. Today we saw a trader buy almost 10,000 BK Sep 35 Calls for $1.08 which was over 6.0 times the normal volume in a day and control over 1 Million Shares of Stock. We continue to see bullish activity in the KRE, so I bought these Calls for $1.09 as this trader is making over a $1 bet in this stock.
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