Learn the trade here. Make it on tradeMONSTER

Options Trading News

August 31, 2012  Fri 10:23 AM CT

FB: 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.

Facebook (FB): Almost 12,000 August 18 puts expiring today were purchased for $0.05 and $0.10 as investors look the shares to keep falling into the close. FB is down 4.03 percent to $18.32.

Bank of America (BAC): More than 50,000 October 9 calls were purchased for $0.11 and $0.12 as investors position for the stock to rally into the fall. BAC rose 1.08 percent to $8.

EMC (EMC): Some 10,000 October 27 calls were purchased, mostly for $0.78 to $0.83 as investors look for upside in the share price. EMC rose 0.80 percent to $26.48.

Qualcomm (QCOM): Blocks of 7,500 contracts each traded in the October 50 puts and the October 65 calls. Volume, however, was below open interest in both. QCOM rose 0.38 percent to $61.43.

Share this article with your friends


Related Stories

FB

Cramer: Trouble on the margins

April 7, 2014

The market mechanics are working against buyers and will continue to do so because we are seeing margin calls, redemptions, and involuntary selling of extreme proportions.

FB

Cramer: The most obvious totem

March 28, 2014

Stocks like Google and and Facebook are hanging on by a thread, and not showing any signs of a bounce yet.

Premium Services

Education & Strategy

When cash is king (of hedging)

Whether your trades are winning or losing, it can be tempting to add to your positions. But in either case,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER