OptionsHouse

Options Trading News

February 6, 2013  Wed 10:27 AM CT

TLM: 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.

Talisman Energy (TLM): Some 10,500 July 15 calls were traded for $0.40 and $0.45 as investors position for upside in the Canadian oil stock. TLM rose 0.32 percent to $12.63.

Bank of America (BAC): About 8,800 March 12 calls were bought for $0.35 to $0.45 but volume was far below open interest at the strike. BAC rose 0.34 percent to $11.92.

Genworth Financial (GNW): Some 10,696 June 4 puts were bought for $0.05 and an equal number of June 8 calls were sold for $1.39. The trade was probably the work of an investor looking to protect gains in the stock. GNW fell 2.94 percent to $8.90.
Share this article with your friends


OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

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 »