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Mike Khouw Sees Unusual Options Activity In Sprint

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On CNBC's "Options Action", Mike Khouw spoke about unusual options activity in Sprint Corp (NYSE: S). The stock spiked almost 10 percent Monday and the options volume in the name was 10 times the average daily volume.

The most active calls were the January 6 calls, said Khouw. Around 5,000 contracts were traded at around 52 cents. The trade breaks even at $6.52 or 5.5 percent above the current stock price.

Posted-In: Mike Khouw Options ActionOptions Markets Media

 

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