Call Buying Activity in Magna International (MGA) Targets 9.5% Upside Through Mid-June -Susquehanna

April 13, 2021 2:00 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Susquehanna options strategist Alison Edwards notes call buying activity in Magna International (NYSE: MGA), as an opening investor purchased 5k Jun 97.5 Calls most for $2.95. This investor opens upside exposure through mid-June, breaking even on a 9.5% rally through mid-June.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Options, Trader Talk

Related Entities

Susquehanna International Group of Companies