Note: This post is the analysis of the following large trade by us. It is not financial advice. The stock market is risky, and options trade may result in significant loss. Please do your own research before making any trade. Check and agree to full terms on our website before considering this information.
Large Trades
| Ticker | C/P | Strike | Expiration | Price | Size | Premium | Delta | DTE | Condition |
|---|---|---|---|---|---|---|---|---|---|
| FLR | Call | 37.5 | 04/19/24 | $1.70 | 2500 | $425K | 0.49 | 46 | Single-leg |
About the trade for FLR 2024-04-19 C37.5
- Underlying stock price for FLR was at 36.98 when large trade was executed.
- bid: $1.60, ask: $1.70, trade price: $1.70, trade size: 2500, total premium: $425000.0
- Possible trade type: BTO (buy to open).
- Possible trade motivation: reversal play. Support level at 36.
- Note: Stock price consolidates after falling on ER.
- Trading Strategy: replicate the large trade with smaller size.
- Exit plan: take profit when stock price is near 38.5 and 40.
About the company
- ‘Name’: ‘Fluor Corporation’, ‘country’: ‘United States’, ‘industry’: ‘Engineering & Construction’, ‘sector’: ‘Industrials’, ‘IPO date’: ‘2000-12-1’, ‘marketCap’: ‘6671.8M’, ‘sharesOutstanding’: ‘170.1M’, ‘averageVolume10days’: ‘1.5M’, ‘fiftyDayAverage’: 38.07, ‘fiftyTwoWeekLow’: 25.69, ‘fiftyTwoWeekHigh’: 43.24
Weekly stock price chart
Daily stock price chart
Update on 2024-04-08
- Stock price hit high of 43.1 on Apr 4.
- Options contract price hit high over $5.1, leading to about 200% gain.
Daily stock price chart
Options contract price chart
