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Barchart
Barchart
Will Ashworth

What Is the Play With Alight’s 2 Unusually Active Call Options From Yesterday's Trading?

I’ll be honest: Until I discovered that Alight (ALIT) was a former SPAC (special purpose acquisition company) owned by billionaire investor Bill Foley, owner of the Las Vegas Knights NHL hockey team, I had no interest in discussing the provider of human capital technology and services’ stock or options. 

However, with two calls in the top five unusually active options in Wednesday trading, I couldn’t ignore them, even if I knew little about its business. 

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