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Dan Nathan Sees Unusual Options Activity In Toll Brothers

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On CNBC's "Options Action," Dan Nathan spoke about unusually high options activity in Toll Brothers Inc (NYSE: TOL) on Monday. He said total options volume was 15 times the average daily options volume and most of that volume was in calls.

When the stock was trading at $39, there were buyers of 8,000 contracts of the Oct. $41 calls for 43 cents, said Nathan. The trade breaks even at $41.43 or around 2.75% above the current stock price.

 

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Posted-In: CNBC Dan Nathan Options ActionOptions Markets Media