Jon Nagerian, Co-founder, MarketRebellion.com
Wendy's Company
WEN-Q
BUY
Sep 09, 2022
options Wendy's is seeing huge calls, from 20,000 last month to 40,000 today at just one strike on Nov. 20. The stock and calls are moving higher. He bought calls. He bought and will upside calls against them as it rallies.
He fears that most fast food companies can't hold their gains because of inflation. Be careful with this as much as he likes Wendy's. They report Wednesday.