Large Block of Calls Bought on Ford (F)

Shares of Ford Motor Company F are higher on the session by 0.80%, currently trading at $18.86. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Shares hit a fresh 52-week high this morning, touching $18.97 before pulling back slightly. One options trader just bought a huge block of calls in Ford. A short while ago the February $21.00 call strike was purchased 50,000 times, on the offer, for $0.16. Volume vastly exceeded the current open interest of 9,669 contracts, indicating new positioning. Ford Motor Company is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses, including financing vehicles. It operates under two segments: Automotive and Financial Services.