KeyBanc Raises Square (SQ) PT to $250 on Rising Cash App Value

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Call Buying Activity in Square (SQ) Targets Upside in Shares Through December -Susquehanna

November 17, 2020 1:55 PM EST

Susquehanna options strategist Alison Edwards notes call buying activity in Square (NYSE: SQ), as an investor bought ~8k Dec 200 Calls for up to ~$6.85. While not unusual volume for SQ (ADV is 63k calls), its the biggest volume position weve seen opened in the $200 strike.

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