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Foot Locker's Options Frenzy: What You Need to Know

Benzinga ·  Dec 4 22:50

Financial giants have made a conspicuous bullish move on Foot Locker. Our analysis of options history for Foot Locker (NYSE:FL) revealed 12 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $689,698, and 2 were calls, valued at $82,650.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.5 to $32.0 for Foot Locker over the last 3 months.

Volume & Open Interest Development

In today's trading context, the average...

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