A Reversal for Fastenal Company Is Not Near. Professional Options Traders Are Bullish | Voice Chronicle

Article by · 2015/11/30 ·

In today’s session Fastenal Company (FAST) registered an unusually high (1,210) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2015 call, expecting serious FAST increase. With 1,210 contracts traded and 494 open interest for the Dec, 15 contract, it seems this is a quite bullish bet. The option with symbol: FAST151218C00042000 closed last at: $0.25 or 25% up. The stock increased 0.65% or $0.26 during the last trading session, hitting $40.07. About 1.52 million shares traded hands. Fastenal Company (NASDAQ:FAST) has declined 3.75% since April 24, 2015 and is downtrending. It has underperformed by 2.62% the S&P500.

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