Close Navigation
Learn more about IBKR accounts
10,000 Call Spreads Trade in United States Cellular Corporation (Symbol: USM)

OptionWatch:

10,000 Call Spreads Trade in United States Cellular Corporation (Symbol: USM)

Posted November 8, 2023
Jeff Praissman
Interactive Brokers

This morning 10,000 April 19 ’24 55/65 call spreads traded in United States Cellular Corporation (Symbol: USM) at $2.35. The overall delta of the spread is 14 so the combination is the equivalent of 140,000 shares of stock. USM was trading at $42.31 at the time of the trade.

USM is currently trading at $42.91. USM has a 52-week high of $46.81 and a 52-week low of $13.80.

10,000 Call Spreads Trade in United States Cellular Corporation (Symbol: USM), November 8, 2023
Source: Interactive Brokers

Join The Conversation

If you have a general question, it may already be covered in our FAQs. If you have an account-specific question or concern, please reach out to Client Services.

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Interactive Brokers, its affiliates, or its employees.

Disclosure: Options (with multiple legs)

Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by clicking the link below. Multiple leg strategies, including spreads, will incur multiple transaction costs. "Characteristics and Risks of Standardized Options"

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.