Notable Call Buying Activity in Unisys Corp. (UIS) Following Morning Sell-Off in Shares -Susquehanna

Susquehanna options strategist Alison Edwards notes bullish options activity in Unisys Corp. (NYSE: UIS) this morning with shares down over 8% at one point, as an investor bought 3k Aug 13 Calls for $0.80. This investor gains exposure to a rebound above $13 at which point they could exercise the position and buy 300k shares (~50% stock’s ADV). The option volume is notable vs. the ADV ~500 calls.

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