Trade Ideas
UOA PRO New Trade Idea FHN 8-4
125,000 20November 28 calls bought for 0.87 above open interest of 1,247 contracts; 100,000 20November 27 calls sold for 1.20 below open interest of 100,578 contracts. Stock 26.16.
New Trade Idea
Ticker: FHN
Stock: 26.18
Trigger: 26.24
Targets/Resistance: 26.71, 27.32, 28.09, 29.07
Expiration Date: 20NOV
UOA: 125,000 20November 28 calls bought for 0.87 above open interest of 1,247 contracts; 100,000 20November 27 calls sold for 1.20 below open interest of 100,578 contracts. Stock 26.16.
FHN $26.17 Last.
Absolutely massive call roll up and step up in size in Nov. Charts look very supportive. XLF making new ATH. NOT typically a Big Mover so doing an expiry mimic here.
Trigger: $26.24.
Strategy 1: Consider the FHN 20Nov. 27.00 calls for $1.30 projected at trigger level today.
Targets: 26.71, 27.32, 28.09, 29.07