Apparel Leader Sees ITM Call Buyer into Breakout
Levi (LEVI) buyers of 1090 January $15 ITM calls $5.30 to $5.50. A longer term in the money call buy as the stock breaks out to near 3 month highs over its YTD VWAP. LEVI is a stock that can squeeze higher as it has a 8.5% short float. On the upside there is a 22.50 VPOC to be tested if the trend continues.