OptionsHouse

Options Trading News

September 19, 2012  Wed 10:30 AM CT

PXD: 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.

Pioneer Natural Resources (PXD): An investor sold a block of 24,750 December 110 calls for $7.50 against open interest and rolled their position to the December 130s, which they bought for $1.70. They collected $5.80 in the process and remain exposed to further gains in the share price. PXD fell 0.40 percent to $108.29.

Delta Air Lines (DAL): An investor purchased 20,000 January 20 calls, mostly for $0.30, looking for the airline to rally. DAL rose 3.91 percent to $9.31.

Bank of America (BAC): More than 18,000 October 9 calls were purchased, mostly for $0.63 to
$0.65, but volume was far below open interest at the strike. BAC rose 1.84 percent to $9.40.

U.S. Airways (LCC): An investor purchased more than 5,000 October 10 puts in the airline, looking for the stock to decline in coming weeks. LCC rose 5.63 percent to $10.89.

Disclosure: I own a put spread in LCC.
Share this article with your friends


Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

Options Academy: Ron's Risk Calculation--A Real Life Example

It is rare that I get a chance to give a real-life, real-time example in my articles that the readers were not only following but were actually involved in at the time the event is happening. Well, that is where we are right now in our QQQ trade from last week. Let's recap the trade itself.

View more education articles »