$300k customer call buyer steps into Foot Locker. Shares up $1.23, or 7.36%, near $17.86 this morning with calls leading puts 5:1 after a large purchase of 10k Sep 20 calls hit the tape. Buyer paid 25c to 35c for 10k contracts in several sweeps, confirmed by Cboe open-close to be customer buyer, opening a new position nearly 12% above spot. Flow suggests a view of a rebound following the 28% decline Foot Locker shares saw yesterday following results and a dividend suspension.
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