Tuesday, July 02, 2019 5:48:16 PM
UNUSUAL OPTION ACTIVITY IN CLOUDERA SIGNALS UPSIDE REVERSAL
After the initial knee-jerk negative reaction to the earnings report and surprise CEO departure, Cloudera stock has found consistent support at around the $5 level for the past seven trading sessions. On Friday the 14th June a trader made a $182,000 bet that the stock will be above $6.30 by the 2nd August, representing a 20% upside return
After the initial knee-jerk negative reaction to the earnings report and surprise CEO departure, Cloudera stock has found consistent support at around the $5 level for the past seven trading sessions. On Friday the 14th June a trader made a $182,000 bet that the stock will be above $6.30 by the 2nd August, representing a 20% upside return
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