OptionsHouse

Options Trading News

December 12, 2012  Wed 10:17 AM CT

WMT: 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.

Wal-Mart Stores (WMT): More than 38,000 January 75 calls were purchased for $0.08 and $0.09 as investors position for upside in the share price. WMT fell 2.33 percent to $69.24.

Bank of America (BAC): Some 5,000 May 11 calls and May 11 puts were bought. Known as a long straddle, the trade reflects a belief that volatility will increase in the stock. BAC rose 0.29 to $10.54.

Cheniere Energy (LNG): Some 8,800 December 19 calls were bought for $0.10, but volume was below open interest at the strike. LNG fell 1.41 percent to $17.47.

Williams (WMB): Some 27,000 December 30 puts were purchased against open interest of 27,599 contracts, with the largest block pricing for $0.29. WMB fell 1.24 percent to $30.99.
Share this article with your friends


Related Stories

WMT

What's behind surge in Wal-Mart puts

February 8, 2016

The retail giant is up 14 percent in the last three months, but traders apparently believe that shares may drop after quarterly results next week.

WMT

Bulls look for more gains in Wal-Mart

February 2, 2016

The retail giant, which is up 16 percent in the last three months, is attracting upside option trades ahead of its earnings report in about two weeks.

WMT

Will Wal-Mart continue upside trend?

February 1, 2016

The retail chain has rebounded 12 percent in the last three months, and call buyers are looking for that bullish momentum to continue.

OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Upcoming Webinar:

Using Options For Income

http://bit.ly/1nY1OKA

Jon Najarian and Adam Mesh of Options Wealth Machine discuss a detailed strategy utilizing credit spreads to generate income, and how any level of trader can use this simple trading technique.

Education & Strategy

Sweet Spot Exceptions

As discussed last week, when using the Stock Replacement Strategy to replace a stock position to trade direction, we want to use an option that has very similar characteristics to the stock. We talked about using the deep in-the-money, 80 to 85 delta option that is similar in the Greeks and has relatively little extrinsic value which tends to work against us in stock directional trading.

View more education articles »