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700 Puts Trade in Xerox Holdings Corporation (Symbol: XRX)

OptionWatch:

700 Puts Trade in Xerox Holdings Corporation (Symbol: XRX)

Posted June 5, 2024 at 9:30 am
Jeff Praissman
Interactive Brokers

This morning 700 Xerox Holdings Corporation (Symbol: XRX) October 18 ’24 13 puts traded in small lots between $0.95 – $1.00. The puts are a 38 delta, so the overall trade is equal to 22,800 shares of stock. The open interest at the time of the trade was 1,650 contracts so it’s unclear whether this was a closing trader or someone possibly purchasing downside protection on a long stock position.

XRX is currently trading at $13.86. XRX has a 52-week high of $19.78 and a 52-week low of $11.90.

XRX is currently trading at $13.86. XRX has a 52-week high of $19.78 and a 52-week low of $11.90.

Source: IBKR TWS. Past performance is not indicative of future results

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