Yesterday’s Huge Crocs Inc (CROX) Call Buyer Up Big Today

Yesterday we wrote about a very large call buy in Crocs Inc. (CROX).  One trader seemed to have a crystal ball telling him that earnings would surprise to the upside on CROCS.  That trader bought 4,852 August $15 calls in CROCS.

We don’t have the buy price handy right now, but believe it was in the 70 cents range per contract, with a $315,000 total investment.

Currently, in premarket, Crocs, Inc. is trading at $15.89 up $1.05 with the market opening in 3 minutes.  We’ll post the current call option price as soon as the market opens.

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Crocs Inc. (CROX) beat expectations handily and sees strong earnings for second quarter 2014.

Crocs is now trading up $1.12 to $15.96.  The August $15 calls are bidding $1.00 to ask of $1.10, last at $1.08.  We are out.