Unusual Options Activity: CenturyLink (CTL)

Traders bullish on telecom in coming weeks. The October 18th $13.50 call options on CenturyLink (CTL) saw nearly 4,000 contracts trade, against a prior open interest of 360, an 11-fold surge in volume. With shares at $12.75, the option will trade in-the-money if shares rise 5.8 percent in the next 18 days. Given how shares […]