OptionsHouse

Options Trading News

November 13, 2012  Tue 10:28 AM CT

VALE: 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.

Vale (VALE): More than 23,000 January 18 calls were purchased, mostly for $0.85 to $0.92 as investors look for upside in the mining company. VALE fell 1.11 percent to $17.78.

Suncor Energy (SU): Blocks of 6,000 contracts each traded in the November 33 calls and the November 34 calls as investors look for the Canadian oil company it push higher this week. SU fell 1.02 percent to $33.03.

MetroPCS Communications (PCS): Some 29,454 February 10 puts were bought for $1.05. Equal-sized blocks were sold in the February 9 puts for $0.55 and the November 10 puts for $0.15 as an investor closed a downside position this month and opened a new bearish spread in February. PCS rose 2.04 percent to $10.26.

J.C. Penney (JCP): Some 7,700 November 17 puts were bought for $0.21 to $0.36 but volume was far below open interest at the strike. JCP fell 0.72 percent to $17.84.

Share this article with your friends


Related Stories

VALE

Short-term bulls bet on pop in Vale

February 11, 2015

Short-term traders are making cheap bets that the Brazilian industrial miner will pop before its earnings report near the end of this month.

OptionsHouse

Premium Services

Webinar Recording

Turbo Charge Your Trading Profits

Education & Strategy

The Strike-Based Greeks

The other Greeks (Gamma, Vega, and Theta) are calculated by using month and strike data, and not by individual option. These are called strike-based Greeks. Gamma, Theta, and Vega are all strike-based Greeks

View more education articles »