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Call Buying Activity in Goodyear Tire (GT) Targets Upside in Shares Through July -Susquehanna

February 7, 2020 2:54 PM

Susquehanna options strategist Alison Edwards notes call buying activity in Goodyear Tire (NASDAQ: GT), as an opening investor in purchased ~6,500 Jul 14 Calls for $1.10-$1.25. The investor suggests the shares have an increased probability to trade above $14 (+4.9%) by mid-Jul, breaking even on a ~13% move higher.

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