UPDATE: BofA/Merrill Lynch Upgrades Adient Plc. (ADNT) to Neutral

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Call Buying Activity in Adient (ADNT) Targets 8% Upside in Shares Amid New President/CEO Appointment -Susquehanna

September 13, 2018 1:54 PM EDT

Susquehanna options strategist Alison Edwards notes bullish options activity in Adient (NYSE: ADNT), as an opening investor or investors bought 3,200 Oct 44 Calls for $0.90 to $1.25, in small lots throughout the morning. This investor opens upside exposure over the next month, breaking even on an ~8%... More