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Hawk’s Nest

Unusual Bull Spread Opens in AI Threat Detection Play

by | May 25, 2023

Evolv Tech (EVLV) interesting trade buys 2500 October $6/$10 call spreads and sells the $5 puts to open, net $0.05 debit. EVLV has a market cap of $870M and provides artificial intelligence (AI)-based weapons detection for security screening