As of today the top ten most active stock option contracts traded were:
- Coca Cola (KO) January 50 Call Options
- Coca Cola January 45 Call Options
- McDonald’s (MCD) January 55 Call Options
- McDonald’s December 60 Call Options
- Coca Cola January 47.50 Call Options
- McDonald’s December 57.50 Call Options
- S&P 500 SPDR (SPY) December 120 Call Options
- S&P 500 SPDR December 120 Put Options
- Coca Cola January 52.50 Call Options
- Coca Cola January 50 Call Options
As you can see there were mainly dividend plays being traded in the options market today. I did as I said and sold many covered call contracts before the bell. I also traded out of some of my RINO position opened last week for a very large gain. I kept a few 30/35 vertical call spreads open on RINO as I think it could trade much higher. Happy trading and have a great Thanksgiving!