Bullish Options Positioning Continues in Fidelity National Information Services (FIS) Targeting Upside in Shares Through April 2020 -Susquehanna

Susquehanna options strategist Alison Edwards notes continued upside positioning in Fidelity National Information Services (NYSE: FIS), as a bullish rolling investor sold 4k Nov 130 Calls at $1.80 to buy 8k Apr 130 (.53d) calls for $8.35, creating ~235k shares to buy. In recent weeks, there’s been a notable amount of bullish Nov and Dec flow, although the Dec calls were closed last week, and now the bullish Nov position is being moved out to April.

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