$CMC Bearish Unusual Options Activity

CMC Commercial Metals Company - Bearish Unusual Options Activity
$1M Bearish Short Call - 7,500 May $30.00 calls sold today (53x open interest)

14 month uptrend line broke down earlier this week. 9d ema line held as resistance today.

Near term target: $26-$27 range by end of April





Note: This is NOT investment advice. Educational only.