OptionsHouse

Options Trading News

November 23, 2012  Fri 10:24 AM CT

CSCO: 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.

Cicso Systems (CSCO): Some 10,000 January 19 calls were purchased, mostly for $0.40, as investors position for the blue-chip tech stock to rally. CSCO rose 1.84 percent to $18.82.

Research in Motion (RIMM): Traders bought more than 11,000 March 18 calls, mostly for $0.47 to $0.47, looking for upside in the share price. RIMM is up 14 percent to $11.67.

Bank of America (BAC): More than 12,000 December 9 puts traded for $0.08 and $0.09, but volume was far below open interest at the strike. BAC rose 1.07 percent to $9.87.

Share this article with your friends


Related Stories

CSCO

Traders bet Cisco Systems will hold gains

May 20, 2016

The networking giant rose yesterday after beating quarterly results, and traders are betting that shares will stay on solid ground.

CSCO

Traders bullish on Cisco before earnings

May 10, 2016

The network-technology giant is up 16 percent in the last three months and is drawing bullish option activity ahead of quarterly results next week.

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 »