(Bloomberg) -- Investors are using options to bet
United Technologies Corp. shares will gain after the company
reports second-quarter results tomorrow, according to analysts at
Strategic Option Consulting and Susquehanna Financial Group.
Trading in calls, or options to buy shares of the maker of
Otis elevators and Pratt & Whitney jet engines, surged to 48,831
contracts yesterday. That was the most in two months and an 11-
fold increase from the 20-day average. At the same time, United
Technologies shares advanced 2.2 percent, the most since January,
to a record $76.67.
Read more at Bloomberg Stocks News
United Technologies Corp. shares will gain after the company
reports second-quarter results tomorrow, according to analysts at
Strategic Option Consulting and Susquehanna Financial Group.
Trading in calls, or options to buy shares of the maker of
Otis elevators and Pratt & Whitney jet engines, surged to 48,831
contracts yesterday. That was the most in two months and an 11-
fold increase from the 20-day average. At the same time, United
Technologies shares advanced 2.2 percent, the most since January,
to a record $76.67.
Read more at Bloomberg Stocks News
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