DLocal Option Alert: Aug 18 $11 Calls Sweep (23) near the Ask: 859 @ $1.2 vs 16 OI; Ref=$9.7058
Portfolio Pulse from Charles Gross
DLocal's August 18 $11 call options experienced a sweep of 859 contracts at $1.2, compared to an open interest of 16 contracts. The reference price was $9.7058.
June 06, 2023 | 6:08 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
DLocal's stock may experience increased volatility due to the significant sweep in its August 18 $11 call options.
The sweep of 859 contracts at $1.2 for DLocal's August 18 $11 call options, compared to an open interest of 16 contracts, indicates increased interest in the stock. This may lead to increased volatility in the short term, but it is not clear whether the price will go up or down.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100