EightCo (ORBS) microcap sees 20,000 $1 calls bought

Key facts

• 20,000 June 26th $1 calls were purchased in EightCo (ORBS).
• The calls were bought at a price of $0.25 each.
• This activity occurred in the microcap stock EightCo (ORBS).

Unusual options activity can sometimes precede significant price movements in a stock, especially for smaller companies where such trades can represent a larger portion of overall volume. The purchase of out-of-the-money calls suggests a speculative bet on a substantial price increase before the options expire.