Close Navigation
Learn more about IBKR accounts
January ’24 Puts Trade in Aramark (Symbol: ARMK)

OptionWatch:

January ’24 Puts Trade in Aramark (Symbol: ARMK)

Posted July 25, 2023
Jeff Praissman
Interactive Brokers

This morning 1,500 January 19 ’24 35 puts traded in Aramark (Symbol: ARMK). The open interest in tAhe ARMK Jan 19 ’24 35 puts this morning was 440 contracts so this is an opening trade.  At a 14 delta, the trade is the equivalent of 21,000 shares of stock.

ARMK is currently trading at $42.19 so the trader may be buying some downside protection for an existing long position. ARMK has a 52-week high of $45.46 and a 52-week low of $30.46.

ARMK has a 52-week high of $45.46 and a 52-week low of $30.46.

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Your email address will not be published.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 Trading

Options involve risk and are not suitable for all investors. Multiple leg strategies, including spreads, will incur multiple commission charges. For more information read the "Characteristics and Risks of Standardized Options" also known as the options disclosure document (ODD) or visit ibkr.com/occ

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.