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1,850 Puts Trade in Landstar System, Inc.  (Symbol: LSTR)

OptionWatch:

1,850 Puts Trade in Landstar System, Inc.  (Symbol: LSTR)

Posted December 5, 2023
Jeff Praissman
Interactive Brokers

This morning 1,850 Landstar System, Inc.  (Symbol: LSTR) December 15 ’23 180 puts traded. The puts are a 55 delta, so the trade is the equivalent of 101,750 shares of stock. Over the past two days the LSTR has announced that the CEO will be retiring and declared a $2.00 special dividend payable to stockholders of record as of the close of business on January 3, 2024.

LSTR is currently trading at $179.18. LSTR has a 52-week high of $208.27 and a 52-week low of $158.50.

LSTR is currently trading at $179.18. LSTR has a 52-week high of $208.27 and a 52-week low of $158.50.

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One thought on “1,850 Puts Trade in Landstar System, Inc.  (Symbol: LSTR)”

  • I see the volume as 1000 not 1850 and the O.I. is also 1000 so I guess this could have been to close. We’ll see tomorrow.

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