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Large Call Trade in Infinera Corporation (Symbol: INFN)

OptionWatch:

Large Call Trade in Infinera Corporation (Symbol: INFN)

Posted May 30, 2023
Jeff Praissman
Interactive Brokers

This morning 2,000 Infinera Corporation (Symbol: INFN) July 21 ’23 5 calls traded at $0.60. The calls are a 58 delta, and the trade was the equivalent of 116,000 shares of stock. The open interest was less than 20 contracts on the INFN July 21 ’23 5 calls this morning so this was an opening trade.

INFN has a 52-week high of $7.80 and a 52-week low of $4.26.

INFN has a 52-week high of $7.80 and a 52-week low of $4.26.

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2 thoughts on “Large Call Trade in Infinera Corporation (Symbol: INFN)”

  • Jeff,
    It would be helpful to give a stock reference ( price) when large options trade. Thank you

    • Thank you for sharing, Michael. Occasionally, the stock reference is mentioned in the analysis, but the chart is always included. In this case, the stock was trading at 5.03. We hope this helps clarify things

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