Call Buying Activity in Helmerich & Payne (HP) Targets 58% Upside in Shares Through Early 2022 -Susquehanna
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Price: $40.91 -1.33%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 7%
Revenue Growth %: +4.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 7%
Revenue Growth %: +4.0%
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Susquehanna options strategist Alison Edwards notes call buying activity in Helmerich & Payne (NYSE: HP), as an opening investor purchased 5k Jan 40 Calls for $2.60, untied. This investor opens upside exposure through early 2022, breaking even on a 58% rally in the underlying.
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