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Upside Calls Trade in Amkor Technology, Inc. (Symbol: AMKR)

OptionWatch:

Upside Calls Trade in Amkor Technology, Inc. (Symbol: AMKR)

Posted June 28, 2023
Jeff Praissman
Interactive Brokers

This morning 2,200 Amkor Technology, Inc. (Symbol: AMKR) July 12 ‘23 31 calls traded at $0.70. The trader was taking an opening position, but the calls traded mid-market, so it is unclear whether they were selling upside calls, possibly against a stock position or taking a long upside bullish position. The AMKR July 12 ‘23 31 calls are a 31 delta, and the trade is the equivalent of 68,200 shares of stock.

AMKR currently is trading at $28.95. AMKR has a 52-week high of $31.29 and a 52-week low of $14.77.

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