Trade of the Week: Long Ford With Insurance

09/27/2019 10:15 am EST


Jay Soloff

Options Portfolio Manager, Options Floor Trader PRO

A large trader made a moderately bullish, medium-term trade on Ford (F) this past week. The trader bought 1.6 million shares of Ford while selling 16,000 January 10 calls at the same time. 

This is a covered call trade which can make money up to $10 per share in Ford, while earning an additional yield form selling the calls. It's the type of trade you can easily do in your own account to increase your portfolio's income generation.

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