Okta Inc. (OKTA)

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Traders Buy High Volume of Okta Put Options (OKTA)
By: MarketBeat | May 27, 2021

Okta, Inc. (NASDAQ:OKTA) saw some unusual options trading on Thursday. Investors acquired 15,211 put options on the stock. This represents an increase of 715% compared to the typical volume of 1,867 put options.

In related news, CAO Christopher K. Kramer sold 3,333 shares of Okta stock in a transaction that occurred on Thursday, April 15th. The stock was sold at an average price of $266.11, for a total transaction of $886,944.63. Following the completion of the transaction, the chief accounting officer now directly owns 11,806 shares in the company, valued at $3,141,694.66. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Christopher K. Kramer sold 4,874 shares of Okta stock in a transaction that occurred on Tuesday, March 16th. The shares were sold at an average price of $225.65, for a total value of $1,099,818.10. Over the last quarter, insiders have sold 60,418 shares of company stock valued at $13,847,219. 9.60% of the stock is owned by company insiders.

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