Options Trading News

November 14, 2012  Wed 10:27 AM CT

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.

SPDR Barclays High Yield Bond Fund (JNK): Some 15,000 December 39 puts were bought for $0.35 as investors look for junk bonds to drop over the next six weeks. JNK rose 0.13 percent to $39.82.

Clearwire (CLWR): An investor sold 19,500 December 2 calls for $0.37 and rolled the position to the January 2.50 calls for $0.30. He or she collected $0.07 and have an additional month to profit from upside in the share price. CLWR fell 1.13 percent to $2.20.

American International Group (AIG): Some 10,000 January 35 calls were bought for $0.43 and $0.44 but volume was far below open interest at the strike. AIG fell 0.80 percent to $31.10.

Groupon (GRPN): Almost 5,000 April 8 calls were purchased for $0.05 as investors position for potential upside in the share price. GRPN rose 1.14 percent to $2.66.

Facebook (FB): About 25,0000 November 19 puts traded for $0.05 and $0.10 against previous open interest, suggesting that investors bought back short positions. FB rose 7.34 percent to $21.32.
Share this article with your friends


Premium Services

Archived Webinar

Education & Strategy

The covered call and unhedged risk

I have written a few things on the Covered Call Strategy over the last two weeks. Please understand that those two previous articles plus this one do not constitute a proper, fully in-depth lesson on the Covered Call Strategy like we have in our classes at Option Monster Education. I have picked out a few topics that I believe were worth noting and today I am going to add the final one.

View more education articles »