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Hawk’s Nest

Arconic (ARNC) Sees Bull Call Spread Bought After Earnings

by | Aug 3, 2022

Arconic (ARNC) buyer for 4000 October $32/$40 call spreads today at $1.65 as the aluminum name sees dip buyers after posting better than expected earnings this week. The chart has a strong looking base pattern with a breakout potentially brewing that could send shares to 35 which is yearly value high.