Unusual Options Activity: Call Buying on Western Alliance Bancorp

Last Updated: Monday, April 8, 2024 1:28 PM | Bobby Raines

Unusual Options Activity

We noticed some call buying Monday on Western Alliance Bancorp. (WAL). So far, the Sept. 90 call has teaded 3,588 contracts, against open interest of 17 contracts. Most of today's volume has moved at or near the ask, indicating these new contracts are likely being initiated from the buy side.

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