OptionsHouse

Options Trading News

September 24, 2013  Tue 10:23 AM CT

INTC: 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.

Intel (INTC): More than 33,000 October 25 calls were bought, mostly for $0.13 to $0.15, as investors position for a continued rally in the semiconductor giant. INTC rose 0.42 percent to $23.72.

AbbVie (ABBV): An investor bought 13,000 February 50 calls for $1.10 and sold an equal number of February 42.50 puts for $1.30. He or she collected $0.20 and now stands to benefit from a rally in the share price. They also have downside risk. ABBV fell 1.53 percent to $46.39.

Wells Fargo (WFC): Some 29,000 October 45 calls were purchased, mostly for $0.10, but volume was far below open interest at the strike. WFC fell 0.07 percent to $42.28.

Share this article with your friends


Related Stories

INTC

Short-term put buyers are hitting Intel

June 3, 2016

The chip maker is up 5 percent in the last month, but traders apparently believe that shares may drop by the end of next week.

OptionsHouse

Premium Services

Education & Strategy

Know the risks behind covered calls

Selling calls is a popular strategy for both retail and institutional traders, but they typically do it in very different fashions.

View more education articles »