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1,800 Long-term Calls Trade in Burford Capital Limited (Symbol: BUR)

1,800 Long-term Calls Trade in Burford Capital Limited (Symbol: BUR)

Posted April 14, 2025 at 11:30 am

Jeff Praissman
Interactive Brokers

This morning 1,800 Burford Capital Limited (Symbol: BUR) January 16 ’26 12.5 calls traded for $2.90. It was an opening trade since the open interest in the BUR calls was less than 50 contracts this morning. At the time of the trade BUR was trading for $13.15.

The investor bought the 65 delta calls in a trade that is the equivalent of purchasing 117,000 shares of stock. The investor may be buying these in-the-money calls for their intrinsic value while still spending less than buying the actual shares of BUR. With a hire delta the calls will mirror the behavior of the underlying stock more so than lower delta out-of-the money calls.

BUR is currently trading at $13.30. BUR has a 52-week high of $16.30 and a 52-week low of $11.19.

BUR is currently trading at $13.30. BUR has a 52-week high of $16.30 and a 52-week low of $11.19.

Past performance is not indicative of future results

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