Today some institution/fund purchased 22,045 contracts of February $50 strike calls (or the right to purchase 2,204,500 shares of Wells Fargo at $50). This is an abnormally sized bet for this stock and contract as the open interest was just 3,422 prior to this purchase. Wells Fargo ($WFC) reports earnings 1/15/19.
Category: Unusual Options Activity
Unusual Option Activity
Today some institution/fund purchased 56,622 contracts of February $9 strike calls (or the right to purchase 5,662,200 shares of Ford at $9). This is an abnormally sized bet for this stock and contract as the open interest was just 14,632 prior to this purchase. Ford $F reports on 1/23/19.
Unusual Option Activity
Today some institution/fund purchased 20,205 contracts of March $10 strike calls (or the right to purchase 2,020,500 shares of Cenovus Energy at $10). This is an abnormally sized bet for this stock and contract as the open Continue reading “Unusual Option Activity”