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Spotlight on Builders FirstSource: Analyzing the Surge in Options Activity

Benzinga ·  Oct 22 03:30

Financial giants have made a conspicuous bullish move on Builders FirstSource. Our analysis of options history for Builders FirstSource (NYSE:BLDR) revealed 8 unusual trades.

Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $248,630, and 4 were calls, valued at $306,500.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $180.0 to $210.0 for Builders FirstSource during the past quarter.

Volume & Open Interest Development

Looking at the volume and open interest...

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