Pandora calls are active as shares see weakness
Pandora calls are active as shares see weakness. The stock is down 33c to $12.50 on a BofA/Merrill downgrade and smaller lots of Oct 12.5 calls are swept across the exchanges for 29 to 35c per contract. 4.3K of these at-the-money calls trade total and the bullish flow is opening positions that expire at the end of this week. The company's earnings and analyst day are slated for 10/25.