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1,300 Globant S.A. (Symbol: GLOB) Puts Trade

1,300 Globant S.A. (Symbol: GLOB) Puts Trade

OptionWatch:

Posted March 24, 2025 at 11:00 am

Jeff Praissman
Interactive Brokers

This morning 1,300 Globant S.A. (Symbol: GLOB) April 17 ’25 115 puts traded for $1.05. The NBBO at the time was $0.15/$3.30 indicating a lack of liquidity in the options. The investor most likely sold the puts since the mid-price was $1.725. The puts are a 15 delta, and the overall value of the trade is equivalent to 19,500 shares of stock.

This was an opening trade since the open interest in the GLOB puts was less than 10 contracts this morning. Earnings aren’t scheduled to be released until mid-May, well after the April 17th expiration so the investor may just be speculating that GLOB will not trade below $115 prior to expiration. At the time of the trade GLOB was trading for $129.51.

GLOB is currently trading at $130.13. GLOB has a 52-week high of $237.88 and a 52-week low of $124.53

Source: IBKR TWS. Past performance is not indicative of future results

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