This morning the Fomento Economico Mexicano, S.A.B. de C.V. (Symbol: FMX) January 19 ’23 115 / 130 call spread traded 2,500 times. The trader bought the spread paying $2.40. The spread is a 20 delta and represents the equivalent of 50,000 shares of stock. FMX was trading between $104.54 and $104.74 at the time of the trade. It is unclear whether this was an opening or closing trade since the open interest in both the 115 and 130 calls was 3,500 and 3,000 contracts, respectively.
FMX is currently trading at $105.43. FMX has a52-week low of $60.84 and a 52-week high of $119.62.
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Disclosure: Options Trading
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