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Dan Nathan Sees Unusual Options Activity In Facebook

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On CNBC's "Options Action", Dan Nathan said the options volume in Facebook, Inc. (NASDAQ: FB) ran very high on Wednesday, it was 1.5 times the average daily volume.

During the session, one trade caught his attention. A trader bought 20,000 contracts of the January 2020, 270 strike calls for $3.50. The trade breaks even at $273.50 or around 64 percent above the current stock price.

Posted-In: CNBC Dan Nathan Options ActionOptions Markets Media

 

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