Notable Call Buying Activity in Illinois Tool Works (ITW) Targets Rebound in Shares Following Post 1Q Earnings Decline, Down 4.4% -Susquehanna
Susquehanna options strategist Alison Edwards notes bullish options activity in Illinois Tool Works (NYSE: ITW), as opening investors bought 2,000 May 148 Call for $1.95 and 800 May 145 Calls for $3.02, looking for a rebound from a post earnings sell-off.