Smart money activity in the past 24 hours that is out of the ordinary. It includes stock options bought on the ask or sold on the bid with unusual size and daily volume compared to open interest.
Melco Crown Entertainment Ltd. owns, operates and develops casino gaming and entertainment resort facilities. It is focused exclusively on the Macau market. The company also operates City of Dreams, an integrated urban casino resort located in Cotai, Macau; Altira Macau, a casino hotel located at Taipa, Macau; and Mocha Clubs which comprise the non-casino based operations of electronic gaming machines in Macau. Melco Crown Entertainment was founded on December 17, 2004 and is headquartered in Hong Kong.
Put trades that are bought on or above the market's asking price OR call trades that are sold on or less than the market's bid price - expecting a move to the downside.