JackyCharts

Magic 8 Ball says Proceed With Caution as 10k Jan 25 calls BTO

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NASDAQ:MAT   Mattel, Inc.
Long rumored to be buyout candidate for $HAS, but daily chart sits 2 year lows as trader buys 10,000 of January 25 strike calls for $0.50. Dividend cut last week has pressured stock. Large bottom tail on daily candle could be a bottom. Play small and safe if going long.

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