Mike Khouw Sees Unusual Options Activity In Box

On CNBC's "Options Action," Mike Khouw said Box Inc BOX traded about four times as many calls as puts on 150% of its average daily call volume on Tuesday.

The most active options were the June $24 calls. Around 4,500 contracts were traded for approximately 82 cents. Buyers of these calls are betting the stock is going to trade above $24.82 or 3.55% above the closing price on Tuesday.

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Posted In: OptionsMarketsMediaCNBCMike KhouwOptions Action
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