This morning 1,600 Entegris, Inc. (Symbol: ENTG) April 19 ’24 puts traded at $4.65. The puts are a 29 delta, so the trade is the equivalent of 46,400 shares of stock. At the time of the trade ENTG was trading at $120.76. The trader may have been closing out an existing position since the open interest at the time of the trade was 3,300 contracts.
ENTG is currently trading at $124.71. ENTG has a 52-week high of $125.61 and a 52-week low of $69.21.
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Disclosure: Options Trading
Options involve risk and are not suitable for all investors. Multiple leg strategies, including spreads, will incur multiple commission charges. For more information read the “Characteristics and Risks of Standardized Options” also known as the options disclosure document (ODD) or visit ibkr.com/occ
