OptionsHouse

Options Trading News

July 18, 2013  Thu 10:22 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.

Activision Blizzard (ATVI): An investor bought 27,592 September 16 calls for $0.82 and sold 55,184 September 17 calls for $0.36. Known as a ratio spread, the trade cost almost nothing to open and will generate huge leverage on a move to $17, with upside risk above that level. ATVI rose 2.16 percent to $15.60.

Micron Technology (MU): Some 21,000 January 2015 15 calls were bought, mostly for $2.55 and $2.60, as investors continue to position for upside in the memory-chip maker. MU rose 1.18 percent to $13.75.

Citigroup (C): Almost 13,000 July 50 calls were bought for $2.25 to $2.40 as investors look for the financial giant to keep climbing. C rose 1.37 percent to $52.50.
Share this article with your friends


Related Stories

C

Citigroup draws downside trades

July 30, 2015

The bank gapped up after quarterly results on July 16 and climbed to its highest price since the financial crisis of 2008, but shares have pulled back since.

Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

Options Academy: At the Break

So far, my articles have taken you through a logical progression of option theory and fundamental concepts of options. As of yet, I have not mentioned a single strategy and for a good reason! The actual application of a strategy should come AFTER you learn about the option product itself.

View more education articles »