Auto stocks recorded gains on Thursday, with stocks including Tesla, Inc. TSLA, Ford Motor Company F and General Motors Company GM settling higher during the session.
On CNBC’s "Options Action," Mike Khouw of Optimize Advisors said Ford traded at 1.7x average daily call volume on Thursday.
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There were buyers of 25,623 of the January 12-calls at an average price of 25 cents per contract, Nathan mentioned.
The traders see Ford’s stock rising by at least 6% by January expiration.
F Price Action: Shares of Ford gained 5.4% to close at $11.54 in regular trading session on Thursday, but lost 0.4% in after-hours trading.
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