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January 4, 2013  Fri 10:24 AM CT

GDXJ: 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.

Market Vectors Junior Gold Miners (GDXJ): More than 4,5000 February 20 calls traded, mostly for $0.95, as investors position for upside in the fund. GDXJ fell 0.48 percent to $19.80.

Bank of America (BAC): Some 37,000 January 12.50 calls were bought, mostly for $0.13 to $0.15, as investors look for the shares to push higher. BAC rose 0.33 percent to $12.

Morgan Stanley (MS): Investors sold about 6,500 April 18 puts for $0.64 to $0.69, looking for the brokerage stock to hold its ground. MET rose 2.17 percent to $38.86.
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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.

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