Market Overview

Mike Khouw Sees Unusual Options Activity In Sprint

Share:
Related S
With Valuation Priced In, Morgan Stanley Downgrades Verizon
Dan Nathan Sees Unusual Options Activity In Sprint
FCC affirms wireless carriers' right to block texts (Seeking Alpha)

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

 

Related Articles (S)

View Comments and Join the Discussion!

AT&T, Disney, Pfizer, Wynn Resorts: 'Fast Money' Picks For August 7

Jim Cramer Gives His Opinion on American Airlines And Cedar Fair