OptionsHouse

Options Trading News

January 17, 2014  Fri 10:29 AM CT

MGA: 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.

Magna International (MGA): An investor bought 5,000 March 90 calls for $1.90 and sold an equal number of March 95 calls for $0.50. Known as a bullish call spread, the trade cost $1.40 and will generate profit of 257 percent if the auto-parts maker closes at $95 or higher on expiration. MGA rose 1.47 percent to $88.11.

Hillshire Brands (HSH): More than 5,000 February 37 calls were purchased, mostly for $0.30 to $0.75, as investors look for upside in the share price ahead of earnings on Jan. 30. HSH rose 0.41 percent to $34.66.

Big Lots (BIG): Some 3,000 April 30 puts were bought for $3.20 as investors brace for downside in the share price. BIG fell 1.67 percent to $28.49.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Investor deficiency in premium collection

Most investors have heard about selling options as a form of income generation. You hear it from brokers and financial advisors as a way to generate income without selling off pieces of your nest egg, dwindling through your retirement accounts, and then being stuck figuring out how to financially afford the rest of your life...

View more education articles »