ANF Abercrombie & Fitch Company

🔔Mid Day Trading Update🔔 📅Wednesday 4/01/2023📅 🟢Bullish Activity🟢 $BURL Shares are moving higher this morning after Loop Capital upgraded the discount clothing retailer to Hold from Sell and increased their price target on the stock to $200.00 from $105.00. Shares are trading at an eight month high this morning. The January 20th 230.00 call being the highest volume contract. New 52-week highs: ( $CB + $2.63 to $223.40), ( $LVS + $2.02 to $51.35), ( $TCOM.CH + $1.86 to $37.55) 🟢Notable Calls🟢 $ANF Some unusual activity seen which is primarily being driven by a couple of large blocks that simultaneously traded on the January 13th expiration earlier this morning: - 24.00 call open interest 237: A 2000 contract block was bought for $1.28 when the bid/ask spread was $1.05 x $1.35. - 28.00 call open interest 2: A 2000 contract block traded for $0.17 when the bid/ask spread was $0.00 x $0.25. Both of these blocks are new positions based on the respective open interest figure