Market News

September 17, 2013  Tue 10:11 AM CT

Cisco Systems (CSCO): Some 15,000 January 22 calls were purchased, mostly for $2.78, as investors look for upside in the tech giant. CSCO rose 0.23 percent to $24.37.

Nokia (NOK): Almost 17,000 April 5 calls were purchased, mostly for $1.57, as investors position for continued upside in the Finnish company. NOK rose 0.80 percent to $6.29.

Pfizer (PFE): A block of 17,265 December 25 puts was bought for $0.19 as investors brace for downside in the drug maker. PFE fell 0.35 percent to $28.61.
News Archives

Education & Strategy

Using puts to BUY stock

Puts are an options contract that gives buyers the right to sell their stock for a set price on or before a future date. However, puts can also be an effective way to BUY stock.

More education articles »