Tuesday, November 07, 2023 2:23:36 PM
Westrock Company ( $WRK ) is showing some interesting call activity primarily being motivated by the 15 DEC 23 $37.50C.
Volume is 5,174 compared to an Open Interest of 120.
https://www.advfn.com/stock-market/NYSE/WRK/options?expiry=20231215&strikes=10
This would imply new positions and using Options Flow, all the Call’s purchased today were bought at the ask price which to me, suggests Bullish intent.
https://www.advfn.com/tools/options-flow?symbols=WRK
After looking, their QTR earnings is scheduled prior to Thursday’s market open. This could explain the high volume today.
Staying on the sidelines for this one but I will def be putting this on my watchlist.
Happy Hunting Everyone!
Volume is 5,174 compared to an Open Interest of 120.
https://www.advfn.com/stock-market/NYSE/WRK/options?expiry=20231215&strikes=10
This would imply new positions and using Options Flow, all the Call’s purchased today were bought at the ask price which to me, suggests Bullish intent.
https://www.advfn.com/tools/options-flow?symbols=WRK
After looking, their QTR earnings is scheduled prior to Thursday’s market open. This could explain the high volume today.
Staying on the sidelines for this one but I will def be putting this on my watchlist.
Happy Hunting Everyone!
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