December 03, 2012 at 15:00 PM EST
Option Trends: AK Steel and US Steel
Speculative investors have set their sights on commodity stocks AK Steel Holding Corporation (NYSE:AKS) and United States Steel Corporation (NYSE:X) according to volume data from the major options exchanges. Calls have emerged as the options of choice on AKS while puts are dominating the action on X. Here's a closer look at the latest trends in the options pits for these two hot stocks. Beginning with AKS options traders on the International Securities Exchange (ISE) and Chicago Board Options Exchange (CBOE) have bought to open 3 376 calls during the past five sessions compared to only 100 puts. In ...
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