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1,000 Puts Trade in Informatica Inc. (Symbol: INFA)

1,000 Puts Trade in Informatica Inc. (Symbol: INFA)

OptionWatch:

Posted February 18, 2025 at 10:15 am

Jeff Praissman
Interactive Brokers

This morning 1,000 February 21 ’25 20 puts traded in Informatica Inc. (Symbol: INFA). This was an opening trade in the at-the-money puts with three days left to expiration with the open interest this morning less than 300 contracts. The puts are a 46 delta so the trade is the equivalent of 46,000 shares of stock.

The NBBO at the time of the trade was $0.45 / $0.50 and the investor paid $0.50 for the puts with INFA stock price at $20.31. INFA released earnings last week and the stock dropped over 30% so the investor may be speculating that INFA will continue to drop below $19.50 prior to expiration, and they will profit on the puts.

INFA is currently trading at $19.77. INFA has a 52-week high of $39.79 and a 52-week low of $16.38.

INFA is currently trading at $19.77. INFA has a 52-week high of $39.79 and a 52-week low of $16.38.

Source: IBKR TWS. Past performance is not indicative of future results

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