Feb. 5 at 12:54 AM
What’s happening with
$FITB?
Big moves after the Comerica merger, up nearly 9% in five sessions
Options flow is interesting, seeing medium and long dated call buying
Institutions seem to be pressing the upside, not hedging
Today, a 2,700-contract position opened in the Sep 18 '26
$65 calls
That’s 18% out of the money, with just 55 prior open interest
Looks like high conviction upside plays are in motion
Keep an eye on it if you’re structuring medium term bullish plays
