UWM Target of Unusually High Options Trading (NYSE:UWMC)

Exchange, Brokerage Competition Benefits Retail Options Traders

A booming options market has exchanges and brokerage firms vigorously competing to capture and defend turf in fast-growing areas such as short-dated contracts and extended hours trading. The primary beneficiary of the “hand-to-hand combat” is the retail options trader.   “Individual investors wins when everyone is competing at a high level,” said Chris Larkin, Managing Director, Head of Trading & Investing at E*TRADE from Morgan Stanley. In the …

UWM Target of Unusually High Options Trading (NYSE:UWMC)

UWM Holdings Co. (NYSE:UWMC – Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Traders bought 7,702 call options on the stock. This is an increase of 180% compared to the typical daily volume of 2,755 call options. UWM Stock Performance UWM stock traded down $0.50 during mid-day trading on […]