Downside put Buyer in Activision Blizzard. Initiator paid $1.10 for 6249 Feb 70 Puts this morning as shares traded near $76.64. $680K premium trade may close some of the 68k contracts open at the strike, including 12k sold to open yesterday as part of the 60/70 put spread when shares were near $77.
Published first on TheFly
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