Bullish Options Activity in Leggett & Platt (LEG) with Shares Down 6.5% This Week on Earnings Miss -Susquehanna
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Price: $11.94 +2.31%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.9%
EPS Growth %: -13.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.9%
EPS Growth %: -13.3%
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Susquehanna options strategist Alison Edwards notes call buying activity in Leggett & Platt (NYSE: LEG), with shares down ~6.5% this week following Monday’s earnings, an opening investor buys ~3.7k Jun 40 Call for $1.25, implying a bullish bias at these levels. There was directionally correct flow last week when bearish investors bought ~10k May 45 puts (and still have them on).
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