AMTD: Upside Is Capped

TD Ameritrade had to lower its brokerage fees as a result of the price wars initiated by a number of online brokers. One large option trader decided to sell a large number of May calls expecting more distribution in the months to come.

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RF: A Trader Sees More Upside

The option trader purchased 4000 of RF’s April calls betting $140K that Regions Financial Corp will continue going higher in the next 2 months.