Options Traders Bet $6.8 Million on Short Call Diagonal Spread for First Horizon After Earnings Pop

First Horizon (FHN) saw a 1.84% rise after better-than-expected Q2 earnings, leading to above-average trading and options volumes. Options traders are betting heavily with a short call diagonal spread strategy involving $6.8 million in the Nov. 20 call option.

By Will Ashworth Fri, July 17, 2026 at 8:30 PM GMT+3 7 min read · Yahoo Finance ·

Options Traders Bet $6.8 Million on Short Call Diagonal Spread for First Horizon After Earnings Pop

Tickers: $FHN

Topics: earnings options volume stock price movement trading strategies

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