OptionsHouse

Options Trading News

August 2, 2013  Fri 10:21 AM CT

AIG: SEE CHART GET CHAIN FIND STRATEGIES
Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.

American International Group (AIG): More than 40,000 November 47 calls were bought in the insurance giant as investors continue to look for upside in the share price. AIG rose 1.99 percent to $48.

Dell (DELL): Almost 21,000 September 14 calls were bought for $0.04 and $0.05. Volume was below open interest, so they're probably closing existing short positions after the computer maker accepted a buyout at $13.75 a share. DELL rose 5.33 percent to $13.65.

Viacom (VIAB): More than 7,000 August 80 calls were purchased, mostly for $0.95, as investors look for the media stock to continue its blistering rally. VIAB is up 5.81 percent to $78.68 after the company doubled its share buyback program.
Share this article with your friends


OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Using spreads to minimize risk

Last week we discussed the risk vs reward profile of a debit call spread in Wells Fargo (WFC). This week we will run thru the risk vs reward of selling a credit put spread to achieve the same exposure of that debit call spread.

View more education articles »