Market Overview

Dan Nathan Sees Unusual Options Activity In Ford


On CNBC's "Options Action", Dan Nathan spoke about unusually high options activity in Ford Motor Company (NYSE: F). The call options volume on Monday was five times higher than the put options volume and there was one large roll that took approximately a half of that volume.

A trader bought to close 14,000 contracts of the November 12 calls and she or he sold to open 14,000 contracts of the December 13 calls for 9 cents. Nathan believes the traders sold calls against a long position in the name. If the stock stays below $13 at the December expiration, the trader is going to collect the whole premium.


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