Upside Purchased on Ford

Shares of Ford Motor Company F are higher on the session by 0.25%, currently trading $12.02. The stock has been on a recent decline, though has held the 200-day moving average, which is a bullish sign. It is now testing the 50-day from below. Options traders are favoring call buying today with the June $13 purchased over 2,000 times in addition to the June $12 purchased over 1,500 times. The July $13 call has also seen a few buyers with volume above 1,000 contracts. Ford Motor Company is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses, including financing vehicles.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasAutomobile ManufacturersConsumer Discretionary
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