Spirit AeroSystems Hldgs Option Alert: Oct 20 $20 Calls Sweep (56) near the Ask: 1528 @ $0.6 vs 262 OI; Earnings 11/2 Before Open [est] Ref=$18.08
Portfolio Pulse from Charles Gross
Spirit AeroSystems Holdings (SPR) has seen a significant option alert for October 20 $20 calls. A total of 1528 contracts were traded near the ask price at $0.6, compared to an open interest of 262. The company is expected to announce its earnings on November 2 before the market opens.
September 11, 2023 | 4:22 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The significant trading volume in SPR's October 20 $20 calls indicates a bullish sentiment among investors. This could potentially impact the stock's price in the short term.
The high volume of call options traded indicates that investors are expecting the price of SPR to rise. This bullish sentiment could drive up the stock's price in the short term, especially as the earnings announcement date approaches.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100