Unusual Options Activity: Foot Locker (FL)

Traders bet on a rally in shares this month. The October 19th $44.50 call options on Foot Locker (FL) saw nearly 2,000 contracts trade against a prior open interest of 147, for a 13-fold surge in volume. With shares trading around $42.70, shares need to rally at least 4 percent for the option to move […]