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The investor responsible for the call action appears to be positioning for Warner Music Groups shares to continue to climb ahead of expiration day next month.
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Options players expecting Rubicons shares to continue to climb higher ahead of next months expiration day purchased 2,000 now in-the-money calls at the July $30 strike for a premium of $0.80 per contract.
The People's Bank of China reported separately on Friday that commodity and wholesale prices were rising even faster, up 5.5percentt in November from a year earlier, an indication that consumer prices may continue to climb in the months ahead.
Indeed, with commercial real estate in turmoil, brokers report that many potential tenants are waiting on the sidelines in hopes of securing even more favorable leases, on the assumption that the vacancy rate will continue to climb in the months ahead.
Even so, prices continue to climb.
We have to climb and continue to climb".
Levels in the atmosphere continue to climb.
Nationally, drug-related arrests continue to climb.
And the costs continue to climb.
It's likely that the number will continue to climb.
Meanwhile, global carbon-dioxide emissions continue to climb.
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