A Curated Platform of Equity & Options Market Intelligence
Select Page

Hawk’s Nest

Software Name Sees ITM Call Buyer as it Looks to Breakout

by | Sep 9, 2022

Alteryx (AYX) buyers of 600 November $60 calls at $10 up to $10.70 today as the stock rallies with the software group after strong earnings from DOCU and ZS both. AYX has quietly held up well after the small August dip back to support at YTD VWAP near 60 and lower edge of monthly value. The stock has a VPOC to test at 72 as it breaks out above 67.70 monthly value high potentially into next week. These ITM November calls show conviction in current levels being supported and upside follow through likely.