Close Navigation
Learn more about IBKR accounts
Upside Calls Trade in Hostess Brands, Inc. (Symbol: TWNK)

Upside Calls Trade in Hostess Brands, Inc. (Symbol: TWNK)

OptionWatch:

Posted August 28, 2023 at 12:00 pm

Jeff Praissman
Interactive Brokers

This morning over 1,800 Hostess Brands, Inc. (Symbol: TWNK) September 15 ’23 30 calls traded at $0.60. The calls are a 25 delta, and the trade is the equivalent of over 45,000 shares of stock. This open interest in the TWNK September 15 ’23 30 calls at the time of the trade was 750 contracts so this was an opening trade.

TWNK is expected to release earnings between October 31st and November 6th after the calls expire so this trade will not be affected by the release but is most likely related to TWNK being up over 25% Friday when news came out on the company is exploring a sale.

TWNK is currently trading at $27.37. TWNK has a 52-week high of $29.00 and a 52-week low of $21.59.

TWNK is currently trading at $27.37. TWNK has a 52-week high of $29.00 and a 52-week low of $21.59.

Join The Conversation

For specific platform feedback and suggestions, please submit it directly to our team using these instructions.

If you have an account-specific question or concern, please reach out to Client Services.

We encourage you to look through our FAQs before posting. Your question may already be covered!

Leave a Reply

Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Interactive Brokers, its affiliates, or its employees.

Disclosure: Options Trading

Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by going to the following link ibkr.com/occ. Multiple leg strategies, including spreads, will incur multiple transaction costs.

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.