Unusual Options Activity: Traders bet Casey’s General Stores, Inc. (CASY) Will Bounce Towards its 52-Week High
Traders are betting Wednesday that Casey’s General Stores, Inc. (CASY) will bounce from its current downward trend and rebound towards its 52-week high of $138.45. So far today, 4,132 contracts of the April 135 call have changed hands, against open interest of just 76 contracts.
Already a member?
Login to see your Unusual Options Activity Trade Idea.
Not yet a member?
You can receive four timely bull-put credit spreads each market day by joining our InvestorsKeyhole Daily Trade Alerts Service. Our analysts scour the news looking for unusual options activity, how insiders are trading, and breaking news, and publish trades accordingly.
Become A Member
About Caseys General Stores Inc.
Casey's General Stores Inc owns and operates over 2,000 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, the distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.