Options Flow Summary: UTX
United Technologies Corp (UTX)
Today's interesting activity shows UTX trading at 8 times its average daily options volume. In addition, unusual volume was noted on 7/10 and 7/12. UTX reached an all time high for the fourth straight day while peaking at $76.98.
The flow has been dominated by short-dated call buying. This suggests that traders still feel there is an upside potential for this stock. The second quarter earnings are scheduled to be released before the open on Wednesday, 7/18, soÖtime will tell.
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