May 23, 02:13 PM

Peloton Shares Rise 12% with 79,000 Call Options Traded, Renewed Apple Takeover Speculation

Peloton Interactive Inc. ($PTON) has experienced notable speculative trading activity over the past several days, marked by a surge in call option buying and increased stock price. The stock is trading higher than it was before the company's recent earnings report. Market participants have speculated that Peloton could be a potential takeover target for Apple Inc., a theory that has circulated since last year. Despite the stock rising approximately 12% recently without any new public announcements, investors quickly bought shares during a morning dip, indicating strong demand. The put-to-call option ratio reflects heavy call buying, with approximately 79,000 call options traded compared to 5,752 put options, underscoring bullish sentiment among traders.

#Peloton

Written with ChatGPT (GPT-4).

Sources

JE$US@WallStJesus
1 year ago
THE SPEC BUYING CONTINUES IN $PTON .. Put/Call: 5752/79k
TheUndefinedMystic@pennycheck
1 year ago
This is getting wild seen massive call buying on $PTON all week long unreal Last yr was heavily circulated as buyout target for Apple. Was also interesting to note on the AM dip it got bought up right away despite being up 12% yesterday on seemingly no news yesterday I am https://t.co/xcGMfpauyN
Win Smart, CFA@WinfieldSmart
1 year ago
$PCT Do you think the testing engineers are buying? 🤔 https://t.co/IrVavBjU1m

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Peloton Shares Rise 12% with 79,000 Call Options Traded, Renewed Apple Takeover Speculation

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