Call buyer takes a flyer in Joby Aviation. Shares of the aerial rideshare company down 18c, or -2.86%, near $6.29 today with call volume double normal and flow concentrated in Jan 10 strike calls, currently 58% above spot. Data shows a sweep buyer paid 18 to 19c for 800 contracts just after 11:47am ET as shares traded 6.26, then came back to pay 19c for 785 more as shares traded 6.29. Opens a new position expiring in 102 days. Earnings expected in early Nov.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on JOBY:
