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Frontier Oil Options Grab Traders' Attention
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Pete Najarian, co-founder of OptionMonster.
Frontier Oil(FTO Quote) is seeing some interesting options activity after recently receiving some votes of confidence from analysts.
The largest volume in FTO options began in the March calls this morning, but activity was quickly building in the April 17.50 calls trading for $0.35 and $0.40, according to OptionMonster's tracking systems. The relatively small size of the contracts are of some concern, however, as they don't appear to reflect much institutional trading. ...
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