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 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.

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Posted In: OptionsMarketsMediaMike KhouwOptions Action
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