Call Buying Activity in Alcoa (AA) Targets Upside in Shares Through Earnings Announcement on Jan. 16th -Susquehanna

Susquehanna options strategist Alison Edwards notes bullish options activity in Alcoa (NYSE: AA), as an opening investor bought 5k Mar 32 Calls for $1.15 early in the session, implying a bullish bias. Earnings are this week (1/16), but note the position doesn’t expire until 3/15/19.

You May Also Be Interested In

• Explosions heard on Iran's Kharg island - MEHR
• Iran's recent attempts to hit American naval assets are raising alarms that regime is getting assistance from China or Russia - WSJ
• FDA set to permanently fill top drug, vaccine, and tobacco roles - Bloomberg