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Short-term Bullish Call Trade in Dropbox, Inc. (Symbol: DBX)

OptionWatch:

Short-term Bullish Call Trade in Dropbox, Inc. (Symbol: DBX)

Posted May 12, 2023 at 12:15 pm

Jeff Praissman
Interactive Brokers
DBX

This morning 2,000 May 19 ’23 22 calls and 3,000 May 19 ’23 22.5 calls traded in Dropbox, Inc. (Symbol: DBX). Overall, the 5,000 calls are the equivalent of 175,000 shares of stock. The stock is currently trading around $22 so the trader most likely has a very short term slightly bullish outlook on DBX.

DBX has a 52-week high of $24.99 and a 52-week low of $18.71.

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