Option traders have been pouring money into Ford Motor (NYSE:F) this week as the share price of the company continues to climb. Traders believe Ford still has gas in the tank, and are buying calls to back up their convictions.
OptionMonster's real-time tracking systems revealed a total of 220,398 calls were made against 58,708 puts with Ford.
Vehicle sales leading the charge for Ford in December were the Fusion, the Edge and the F-150.
Ford was trading at $18.63, down $0.05, or 0.27 percent, as of 11:33 AM EST.
Friday, January 14, 2011
Option Traders Riding Ford Motor (NYSE:F)
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