Market Overview

Mike Khouw Sees Unusual Options Activity In Sprint

Share:
Related S
10 Of The Largest Retail Bankruptcies Since 2016
JPMorgan's Q3 Wireless Cheat Sheet
Turnaround Dividend Stock With A 10% Yield, Big Growth, Higher Guidance And No K-1 (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