Shares of information technology companyXerox Holdings Corporation (XRX) have been trending slightly down over the past year, with some periodic spikes higher in price. One trader is betting on a rally in shares in the next few months. That’s based on the May $23 calls. With 56 days until expiration, 4,800 contracts traded compared to a prior open interest of 105, for a 46-fold jump in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the company recently traded just under $20, so they would need to rise just over 15 percent in the next two months for the option ...
More








