On CNBC's "Options Action," Mike Khouw spoke about unusually high options activity in Slack Technologies Inc (NYSE: WORK) ahead of earnings, scheduled on Thursday. He said calls out-traded puts by about 5 to 1 for the last 20 days on average and the options market is implying a move of 12% on earnings in either direction.
Khouw noticed during the session on Wednesday that somebody sold 7,000 contracts of the January 2022, $45 strike calls for $8.87 and bought 406,000 shares of Slack. The trade is going to make the most money if the stock goes up to the $45 strike at the January 2022 expiration, explained Khouw. He added that it will also make money if it drifts higher and volatility comes in.
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
"activity" - Google News
June 04, 2020 at 09:37PM
https://ift.tt/2XuRMVG
Mike Khouw Sees Unusual Options Activity In Slack - Benzinga
"activity" - Google News
https://ift.tt/3ddCXMh
https://ift.tt/2WkO13c
Bagikan Berita Ini
Numpang promo ya Admin^^
ReplyDeleteingin mendapatkan uang banyak dengan cara cepat
ayo segera bergabung dengan kami di ionpk.club ^_$
add Whatshapp : +85515373217 || ditunggu ya^^
Izin ya admin..:)
ReplyDeleteYuk dapatkan hadiah ny dengan modal 20rb saja sudah bisa menikmati semua permainan poker di ARENADOMINO loh yuk langsung saja.. WA +855 96 4967353