China 25 Index Fund(fxi) moved 8% in a week!

Updated July 11th, 2013: Posted on July 4th,following day stock goes up by 2%. After consolidating for a while, it moved up by 5% on July 11th. Total 8-9% move in a week. Chart Analysis: Chart looks BULLISH to me,double bottom formation ,also RSI can curl up from the trend line,a bounce is a due. Options Analysis: A big trader bought 15000 contracts of of 34 calls options strike which means he is positioning for the upside in the stock, and sold 29 puts 15000 put options which is a bullish position too. This trader is profiting a couple of hundred of thousands dollars in a week by excercising his 30000 contracts.

All of the trade results above are illustrations of the principle.