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Potential Earnings Month Calls Trade in Dole plc (Symbol: DOLE)

OptionWatch:

Potential Earnings Month Calls Trade in Dole plc (Symbol: DOLE)

Posted September 20, 2023
Jeff Praissman
Interactive Brokers

This morning 1,000 Dole plc (Symbol: DOLE) November 17 ’23 12.5 calls traded at $0.30. The calls are a 39 delta, so the trade is the equivalent of 39,000 shares of stock.

The open interest in the DOLE November 17 ’23 12.5 calls was less than 150 contracts this morning, so the trader put on an opening trade. DOLE last reported earnings on August 17th so it is possible that the next earnings release will fall on the November 17th expiration. DOLE has outperformed earnings estimates six of the last eight earnings cycles.

DOLE has outperformed earnings estimates six of the last eight earnings cycles.

DOLE is currently trading at $11.96. Dole has a 52-week high of $13.92 and  a52-week low of $7.05

DOLE is currently trading at $11.96. Dole has a 52-week high of $13.92 and  a52-week low of $7.05

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