'Significant' Call Buying Activity in Cemex S.A. (CX) Targets Upsides in Shares Through April -Susquehanna

March 12, 2021 2:22 PM EST
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Susquehanna options strategist Alison Edwards notes significant call volume over the past two days in Cemex S.A. (NYSE: CX), involving mainly buyers of March and April 8 calls. Todays’ trading consists of predominantly buying of ~18k April 8 calls. Since yesterday morning, ~130k calls have traded vs the ADV of ~5k.

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