Most Active Stock Options November 17, 2009 & Trading Activity
As of today the top ten option contracts traded were:
- HSBC (HBC) January 35 Call Options
- Avon (AVP) January 22.50 Call Options
- United Technologies (UTX) November 65 Call Options
- S&P 500 SPDR (SPY) November 110 Call Options
- Target (TGT) January 30 Call Options
- United Technologies November 60 Call Options
- 3M (MMM) January 55 Call Options
- S&P 500 SPDR November 109 Put Options
- Honeywell (HON) November 38 Call Options
- HSBC November 55 Call Options
As
you can see there are a lot of dividends being spun out tomorrow. All
of the stocks listed above are all dividend option plays. Therefore
there isn't too much to analyze from today's most active option
contracts. I didn't trade too much today, but one position I did open
was on RINO International (RINO) I purchase December 30 strike call
option contracts. I am hoping we get strength in the underlying very
soon so I can complete my vertical call option spread by selling the
December 35 strike call options against the. Happy trading!
The above story is the opinion of the author only and it does not reflect
iStockAnalyst opinion. Further, the author is not personally advising you
regarding the suitability of the story for your investment needs. In no event
iStockAnalyst will be liable for any loss or damage including without
limitation, indirect or consequential loss or damage, or any loss or damage
whatsoever arising from or arising out of, or in connection with the use of this
information. Please consult your investment advisor before making any investment
decision.