$FISV Fiserv Inc - Bullish Pennant, Bullish Options Flow
Getting coiled fairly tightly in this long term bullish pennant on the daily chart. Monitor for a break and close outside the triangle.
Bullish options flow today with over 31k $105.00 strike Jan'2022 calls traded for a total premium outlay of about $48M. Open interest coming into the day at this strike was under 150. The 31k contracts represent a 226x open interest trade.
Medium term target: $110.00 by next ER early November
An interesting fundamental note from Businesswire.com published today regarding Fiserv:
"Fiserv, Inc. (NASDAQ:FISV), a leading global provider of payments and financial services technology solutions, alongside Amazon and ExxonMobil, announced today that "Alexa, pay for gas" is now live at more than 11,500 Exxon and Mobil stations in the United States. Beginning today, consumers with Alexa-enabled vehicles, devices like Echo Auto, or the Alexa app on smartphones can simply say, pay and be on their way when they fuel up at an Exxon or Mobil station.
When customers pull up to the pump and say, "Alexa, pay for gas," Alexa will confirm the station location, pump number, and then activate the pump."
Getting coiled fairly tightly in this long term bullish pennant on the daily chart. Monitor for a break and close outside the triangle.
Bullish options flow today with over 31k $105.00 strike Jan'2022 calls traded for a total premium outlay of about $48M. Open interest coming into the day at this strike was under 150. The 31k contracts represent a 226x open interest trade.
Medium term target: $110.00 by next ER early November
An interesting fundamental note from Businesswire.com published today regarding Fiserv:
"Fiserv, Inc. (NASDAQ:FISV), a leading global provider of payments and financial services technology solutions, alongside Amazon and ExxonMobil, announced today that "Alexa, pay for gas" is now live at more than 11,500 Exxon and Mobil stations in the United States. Beginning today, consumers with Alexa-enabled vehicles, devices like Echo Auto, or the Alexa app on smartphones can simply say, pay and be on their way when they fuel up at an Exxon or Mobil station.
When customers pull up to the pump and say, "Alexa, pay for gas," Alexa will confirm the station location, pump number, and then activate the pump."