Options Trading News

March 13, 2013  Wed 10:26 AM CT

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.

Cisco Systems (CSCO): More than 28,000 April 20 puts were bought, mostly for $0.10 and $0.11, as traders brace for downside in the stock. CSCO fell 0.15 percent to $21.67.

Bank of America (BAC): Almost 24,000 March 12 calls were purchased for $0.16 to $0.20 but volume was far below open interest at the strike. BAC fell 0.14 percent to $11.99.

McGraw-Hill (MHP): Some 15,000 May 50 calls were bought, mostly for $1.90 as investors position for upside in the share price. MHP rose 0.10 percent to $48.50.

Facebook (FB): Some 10,500 March 26 puts were bough, mostly for $0.05 and $0.06, but volume was barely half open interest at the strike. FB fell 1.88 percent to $27.31.

Share this article with your friends



The fastest money in the market
View full report »

Premium Services

Education & Strategy

The art of trading

As I stated in last week's article, a break out or a break down needs to have a couple things happen before it is considered a confirmed break out or break down. 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 »