Investors Buy Large Volume of Call Options on Block (NYSE:XYZ)

Block, Inc. (NYSE:XYZ) was the recipient of unusually large options trading on Thursday. Investors bought 62,863 call options on the company. This represents an increase of 37% compared to the typical volume of 45,987 call options.

Block Stock Performance

Shares of NYSE XYZ opened at $93.07 on Friday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.26. Block has a fifty-two week low of $55.00 and a fifty-two week high of $99.26. The company has a market capitalization of $57.69 billion, a P/E ratio of 52.29, a price-to-earnings-growth ratio of 0.80 and a beta of 2.51.

About Block

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.