I saw some unusual option activity in PINS today.
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Posted On: 05/15/2020 4:16:21 PM
I saw some unusual option activity in PINS today. The 5/22 $18.50 calls traded almost 75K contracts around $0.65/contract vs an open interest of only 996, so someone thinks it is going up before next Friday. I bought 50 contracts at $0.65. Another poster here bought some as well.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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