Notable Call Options Activity in Smithfield Foods


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Shares of Smithfield Foods (NYSE: SFD) are higher on the session by 0.14%, currently trading at $22.25. The stock has been moving largely lower over the past three weeks and is currently trading below the 50-day moving average.Options traders are focusing on calls today. The strike seeing the heaviest volume is the July 2012 $23.00 call, which has traded 528 times on open interest of 69 contracts. Calls are outpacing puts today by 31 to 1. Smithfield Foods, Inc., together with its subsidiaries, produces and markets a range of fresh meat and packaged meat products both domestically and internationally.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: OptionsMarkets