Increased Call Buying in Pinterest (PINS) Amid Recent 'Speculative M&A Chatter' -Susquehanna

Susquehanna options strategist Alison Edwards notes increased call buying in recent days, with more today in Pinterest (NYSE: PINS), as investors purchased Jan24 22.5 calls, Jan31 22 calls as well as Feb 25 calls (among other relatively short-dated expirations and strikes). On the day, 100k calls have traded vs. ADV of ~12k.

Last week, there was speculative M&A chatter on social media.

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