Data Source: Barchart
On Monday some institution/fund purchased 1,579 contracts of Jun. 2024 $105.00 strike calls (or the right to buy 157,900 shares of PayPal Holdings, Inc. (PYPL) at $105.00).
Monitoring unusual options activity can be a useful tool. Large amounts of options being traded on a particular stock may provide some valuable insight into what the “smart money” is doing.
