_conversations-with-jaguars-december-11-leap-call-buyer-improving-trends-central-bank-decision.jpg "Conversations with Jaguars - December 11 (Leap Call Buyer, Improving Trends, Central Bank Decision) from robinhood brokerage Video Screenshot Preview")
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⏲ Duration: 14 min 15 sec
✓ Published: 11-Dec-2023
✓ Published: 11-Dec-2023
Description:
--- Late Friday, buyer of 1,700+ May 45 calls paid up to $4.70 offer in MakeMyTrip ($MMYT). Over $800,000 bullish bet on 9x daily average call volume that is now the largest in option chain and reflected in open interest this morning. Recall, a month ago Morgan Stanley was recommending their clients go long the stock below $40/share. It has done well given strong earnings and Indian economy. Likely has more gas in the tank to keep marching higher in 2024. I like owning those May 45 calls for $5.
--- Late Friday, buyer of 1,700+ May 45 calls paid up to $4.70 offer in MakeMyTrip ($MMYT). Over $800,000 bullish bet on 9x daily average call volume that is now the largest in option chain and reflected in open interest this morning. Recall, a month ago Morgan Stanley was recommending their clients go long the stock below $40/share. It has done well given strong earnings and Indian economy. Likely has more gas in the tank to keep marching higher in 2024. I like owning those May 45 calls for $5.
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