Apr. 2 at 10:30 PM
$SBAC popped nearly 19% today on those M&A headlines
Big players eyeing a sale got everyone buzzing
We're in a high volatility zone now where options and headlines are running the show
Saw about 1,195 April 17
$175 calls traded on the ask
That's a hefty
$937K premium showing strong interest in the 175 strike
Keep an eye there for any continuation or reversal moves
But heads up with the stock around
$184, Truist and Bernstein's targets aren't far off
If the takeover chatter cools we might see some profit taking on those pricey short dated calls
Stay sharp
