Mike Khouw Sees Unusual Options Activity In Boeing

On CNBC's "Options Action", Mike Khouw spoke about unusually high options activity in The Boeing Company BA, following the earnings report. He noticed above average options volume. It was 1.5 times the average daily options volume and bullish bets outnumbered bearish bets in the session.

See Also: What To Know About Boeing's Q1 Earnings Miss, 737 And Buyback Update

One trade caught Khouw's attention. A trader bought 1,000 contracts of the May 382.50 calls for $6. The trade breaks even at $388.50 or 3.47 percent above the closing price on Wednesday.