Calls Purchased on USG Corporation


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Shares of USG Corporation (NYSE: USG) are higher on the session by 0.30%, currently trading at $13.20. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the January 2011 $17.50 call was purchased 1,000 times, on the offer, on open interest of 5,339 contracts.Overall call volume is now running at 2.42x the daily average with 91% of all calls traded being purchases on the offer. USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. USG produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: OptionsBuilding ProductsIndustrials