Call Buying Activity in Alcoa (AA) Targets Upside in Shares Through Earnings Announcement on Jan. 16th -Susquehanna
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Price: $55.08 -5.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +479.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +479.5%
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Susquehanna options strategist Alison Edwards notes bullish options activity in Alcoa (NYSE: AA), as an opening investor bought 5k Mar 32 Calls for $1.15 early in the session, implying a bullish bias. Earnings are this week (1/16), but note the position doesn’t expire until 3/15/19.
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