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Nikola Corporation (NASDAQ: NKLA) dropped 10% Wednesday after the company said one of its major growth opportunities is now dead in the water. The company announced waste collection company
The Nikola Trades: On Wednesday, Benzinga Pro subscribers received several option alerts related to unusually large Nikola trades. Here are some of the largest:
At 9:39 a.m., a trader sold 300 Nikola call options with a $20 strike price expiring on July 16 near the bid price at $3.709. The trade represented a $111,270 bearish bet.
At 9:44 a.m., a trader bought 1,000 Nikola put options with a $13 strike price expiring on Jan. 22 near the ask price at 95 cents. The trade represented a $95,000 bearish bet.