Speculative Downside Options Positioning in Rent-A-Center (RCII) Amid Reports of Management Exploring Strategic Options Including Potential Sale -Susquehanna
Susquehanna options strategist Alison Edwards notes speculatively bearish options positioning in Rent-A-Center (NASDAQ: RCII), as an opening investor purchased 22k Jun 7 Puts for $0.85 to $0.90, amid news of management considering strategic options.