Market Overview

Trader Extends Bullish Bet on Hologic (HOLX)

Shares of Hologic Inc. (NASDAQ: HOLX) are higher on the session by 1.77%, currently trading $14.98. The stock has been on a sharp drive lower over the past two months and is trading well below both the 50-day and 200-day moving averages.

One large options trade has hit the tape today in the name and it appears to be a roll from June to September. The June $15 call was sold 8,900 times just as the September $17.50 call was bought 8,900 times. Net debit on the transaction was $0.20.

Open interest on the June strike is 13,076 contracts, where as open interest on the Sept strike was only 1,774 contracts (further suggesting a roll has taken place).

Hologic, Inc. is a developer, manufacturer and supplier of medical imaging systems and diagnostic and surgical products focused on the healthcare needs of women.

Posted-In: Long Ideas Technicals Options Trading Ideas

 

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