OptionsHouse

Options Trading News

December 28, 2012  Fri 10:28 AM CT

C: 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.

Citigroup (C): An investor bought 13,000 March 44 calls for $0.77, looking for the financial giant to keep climbing. C fell 0.74 percent to $38.96.

Facebook (FB): Investors sold more than 21,000 December 25.50 calls for $0.10 to $0.30, betting that the social-networking stock is near a short-term high. FB is down 2.53 percent to $25.39.

Phillips 66 (PSX): More than 11,000 January 50 calls were purchased, mostly for $2.30, looking for upside in the refinery stock. PSX fell 0.48 percent to $51.31.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

View more education articles »