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

Premium Services

Education & Strategy

Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »