POPA Recon* SKHY September expiration $200 call large betting transaction occurred
* SKHY September expiration $200 call large betting transaction occurred - Yesterday (7/16), for 5 minutes between 4:15 and 20 a.m., someone bought about 35,000 September expiring $200 calls, worth about $57 million in premium - The previous day’s trading volume was 264, and the day before that was 831. In other words, more than 100 times the trading volume compared to usual. This single transaction accounts for a significant portion of SKHY's entire daily option premium ($210 million). - Since it was purchased at an average price of $16.20, the break-even point at maturity (9/18) is appro…
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