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Large Call Trade in BJ’s Restaurants, Inc. (Symbol: BJRI)

OptionWatch:

Large Call Trade in BJ’s Restaurants, Inc. (Symbol: BJRI)

Posted October 17, 2023
Jeff Praissman
Interactive Brokers

This morning 4,000 BJ’s Restaurants, Inc. (Symbol: BJRI) January 19 ’24 30 calls traded at $0.525, stock was trading at $22.50 at the time of the trade. The open interest at the time of the trade in the BJRI January 30 calls was less than 100 so this was an opening trade. The BJRI calls are a 19 delta, so the trade is the equivalent of 76,000 shares of stock. Earnings are expected to be released between October 18th – 23rd, well before the January expiration.

BJRI is currently trading at $23.45. BJRI has a 52-week high of $37.83 and a 52-week low of $21.46.

BJRI is currently trading at $23.45. BJRI has a 52-week high of $37.83 and a 52-week low of $21.46.

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