Frontier Communications Option Alert: Jan 19 $20 Calls Sweep (44) near the Ask: 515 @ $1.3 vs 5885 OI; Ref=$15.435
Portfolio Pulse from Charles Gross
Frontier Communications (FYBR) sees a sweep of 515 Jan 19 $20 calls near the ask price at $1.3, compared to 5885 open interest. The stock is currently trading at $15.435.

May 24, 2023 | 5:48 pm
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Frontier Communications (FYBR) experiences increased options activity with a sweep of 515 Jan 19 $20 calls near the ask price at $1.3, compared to 5885 open interest.
The increased options activity in Frontier Communications (FYBR) with a sweep of 515 Jan 19 $20 calls near the ask price at $1.3 indicates that investors are expecting the stock price to rise in the short term. This bullish sentiment could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100