Block Sees Unusually Large Options Volume (NYSE:XYZ)

Block, Inc. (NYSE:XYZ) was the recipient of some unusual options trading activity on Thursday. Traders acquired 62,863 call options on the stock. This is an increase of 37% compared to the average daily volume of 45,987 call options.

Block Price Performance

XYZ stock opened at $90.84 on Friday. Block has a 52-week low of $55.00 and a 52-week high of $99.26. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market cap of $56.30 billion, a PE ratio of 51.03, a PEG ratio of 0.82 and a beta of 2.51.

Block Company Profile

Block, Inc, together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments.