Bullish Options Positioning Continues in Nabors Industries (NBR), Targeting Near-Term Upside in Shares -Susquehanna

Susquehanna options strategist Alison Edwards highlights continued upside positioning in Nabors Industries (NYSE: NBR), as an opening investor bought 5k of next week’s May25 8.5 Calls for $0.39 up to $0.47. This adds to an investor yesterday who rolled May 8 calls up to the 8.5 strike, expressing a similar short dated bullish bias.

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