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Put Buying Activity in Spirit AeroSystems (SPR) Highlights 'Increased Cautious Bias' in Shares -Susquehanna

January 22, 2020 3:09 PM

Susquehanna option strategist Alison Edwards put buying activity in Spirit AeroSystems (NYSE: SPR), as an opening investor bought 2.5k Jul 55 puts for $2.60, implying an increased cautious bias. Note SPR is a supplier to Boeings (NYSE: BA) with >50% of its annual revenue related to BA’s 737 Max

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