TXG for an oversold bounce

30 de jan. de 2022

Long TXG 2,000 shares and 51 $110 Feb 18th calls. There has been some interesting call option activity on TXG as of last week 1/25/2022 someone purchased 600 Feb 18, 2022 $110 calls and 600 Feb 18, 2022 $120 calls and paid approximately 400k for these call options for a stock with little option activity I find this intriguing. I believe the EW correction is complete and this should bounce to the $130+ range swiftly. It's a very volatile stock. 89% institutional support and recent government contracts over 2m in Q4 quiverquant.com/dashboard/TXG/