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hockeysniper
Dec 13, 2020 6:25 PM

CARG - Unusual Call options activity Long

CarGurus, Inc.NASDAQ

Description

Large activity in CarGurus since this name typically trades less than 400 contracts per day. On Dec 11, 5,000 Dec $25 calls closing for $3.40. 5,000 Dec $27 calls bought for $2.00. 3,800 Jan 2021 $29 calls are trading; most bought for $1.55. The golden cross is almost there (50 dma cross over 200 dma). Analyst Davidson gave the stock an upgrade friday. Beware FOMC is Dec 16th, Good Luck this week!
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