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Trader Takes Bullish Position in Ritchie Bros. Auctioneers Incorporated (Symbol: RBA)

OptionWatch:

Trader Takes Bullish Position in Ritchie Bros. Auctioneers Incorporated (Symbol: RBA)

Posted February 22, 2023 at 11:15 am

Jeff Praissman
Interactive Brokers
RBA

This morning a trader bought 2,600 April 21’23 70 calls in Ritchie Bros. Auctioneers Incorporated (Symbol: RBA). At a 14 delta, 2,600 options represent buying 36,400 shares of stock. RBA released fourth quarter EPS yesterday and beat the analyst consensus estimates by $0.02 ($0.68 vs $0.66). RBA has a 52-week high of $72.09 and a 52-week low of $48.51.

RBA has a 52-week high of $72.09 and a 52-week low of $48.51.
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