Mike Khouw Sees Unusual Options Activity In Kinder Morgan

by Benzinga Staff
April 17, 2015 7:14 AM | 1 min read | Make a Comment

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.

On CNBC's Options Action

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

, Mike Khouw spoke about unusually high options activity in Kinder Morgan Inc (NYSE: KMI).The call options volume was 8 times higher than the average daily call options volume and it was caused by one large trade. Somebody bought 50,000 contracts of the January 2017 50/60 call spread and paid $1 for it. The trade is going to pay off if the stock trades at least 17 percent higher in the next 21 months and the maximal gains will be reached if it trades approximately 40 percent higher.If Kinder Morgan jumps to $60 at the expiration the trader is going to make a maximal profit of $9 per share.

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.

Posted In: CNBCOptionsMarketsMediaMike KhouwOptions Action

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.