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Options Trading News

June 13, 2013  Thu 10:28 AM CT

GM: 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.

General Motors (GM): A block of 5,400 January 34 calls were bought for $2.73 as an investor looked for upside in the auto maker. GM rose 0.60 percent to $33.65.

Microsoft (MSFT): Some 6,500 July 33 calls were bought, mostly for $2.17, as investors wagered on a rally in the software giant. MSFT fell 0.77 percent to $34.73.

Elan (ELN): Almost 26,000 June 12 puts were bought, mostly for $0.40 and $0.45, as traders braced for downside in the drug maker. ELN fell 4.66 percent to $12.49.
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