Call Buying Activity in Aflac (AFL) Targets Upside in Shares Ahead of Earnings Announcement on Oct. 24th AMC -Susquehanna

Susquehanna options strategist Alison Edwards notes bullish options flow in Aflac (NYSE: AFL), as an opening investor purchased 7800 Oct26 44 Calls for $1.13 to $1.25, in small lots throughout the morning. This investor opens upside exposure through the end of the week, breaking even on a 1% rally. The company announces earnings on Wednesday where the implied move is 2.7% compared to an 8Q realized average of 2.1%.

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