Most Active Stock Options December 2, 2009 & Trading Activity
The top ten most active stock option contracts traded today were:
- Pfizer (PFE) December 18 put Options
- PowerShares QQQ (QQQQ) January 43 Call Options
- PowerShares QQQ December 44 Put Options
- Nike (NKE) January 45 Call Options
- PowerShares QQQ December 45 Put Options
- Pfizer December 19 put Options
- S&P 500 SPDR (SPY) December 110 Put Options
- S&P 500 SPDR March 110 Put Options
- S&P 500 SPDR June 104 Put Options
- S&P 500 SPDR December 111 Call Options
Today I sold December 15/12.50 put spreads on A-Power (APWR) before they announce earnings tomorrow. I also opened Gold SPDR (GLD) call spreads as I think we'll continue to rally into year end. I took advantage of weakness in Google (GOOG) and Visa (V) and purchased back my covered call options as I will wait for strength to write them back out. I closed my December 16 put position for a nickel a share on Corning (GLW) this morning and the stock looks hot, so I may look at opening January call spreads if I see it continue the trend. Happy trading!
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