Feb. 12 at 6:02 PM
$OC seeing some action today
Two Feb 20
$140 call sweeps hit at 9:40am with 642 contracts and
$217K premium
Short-dated moves like this signal some focused upside positioning
Wells Fargo just hiked their price target to
$155 with an Overweight rating
That's a nice bullish catalyst but watch out for volatility after today’s -1.7% dip
Options flow is light with 100% of recent trades being those two call sweeps
Thin market so keep positions tight to manage risk