What's Up With Comtech Telecommunications Call Options? | PowerOptions Web Log
Comtech Telecommunications (CMTL) call option volume was higher than normal yesterday. Comtech’s stock investing price was also up almost 4% yesterday. If you need some electronic communication equipment, then Comtech is the company to go to. They specialize in satellite earth station modems, over-the-horizon modems and gateways. Comtech also specializes in aviation communication products and broadband RF amplifiers. Comtech’s competitors include: Qualcomm (QCOM), ViaSat (VSAT) and iDirect Technologies (private). Comtech’s stock price took a big haircut in March following its quarterly earnings report. Comtech’s forward outlook was negative and its stock price reacted accordingly. Comtech’s October, November and January call options with a 35 strike were experiencing significant stock option volume yesterday. The put option volume appeared normal, so yesterday’s heavy call option action had a bullish bias. Sign up now for PowerOptions 14-day free trial The Strike of Pain for Comtech for November expiration is at the 35 strike...
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