ylliX - Online Advertising Network
Company Ticker News

Option Buyers Get Bullish On Fubo At Key Support Level

Option Buyers Get Bullish On Fubo At Key Support Level

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

While the stock is down over 5% on Monday, option traders are getting bullish on FUBO TV Inc (NYSE: FUBO) as it approaches a key support level around $16. What Happened: Fubo has been stuck between the $16 and $18 handles for over three weeks, continually finding bids off the key support level at $16, not having  had a weekly close below since Nov. 2020.

...read full article on Benzinga

ylliX - Online Advertising Network