Some institutional investors have bought massive amounts of long-dated Ford Motor Company (F) call options, with options expiring in two and a half years. This shows they are extremely bullish on F stock.
F is up over 1.5% today to $15.37 per share and has risen almost one-third in the past two weeks, since a recent low of $11.50 on May 4 (+31.7%). However, these investors believe F could rise over $26.69, or +74% over the next two and a half years.
