Options Traders Continue to Target Ford Stock After Bear Gap

The stock is still recovering from its late-October post-earnings plummet

Deputy Editor
Nov 6, 2023 at 1:09 PM
    facebook X logo linkedin

    Ford Motor Co (NYSE:F) stock is sliding today, down 1.6% at $10.39 at last check, after Evercore ISI lowered its price target from $11 to $10. The stock has only recovered a portion of its steep post-earnings losses, dropping 12.3% on Oct. 27 after its disappointing full-year forecast. Since the start of the year, the equity is down 6.4%. 

    F Nov6

    Meanwhile, options traders have been targeting the stock after the earnings event, as the equity found its way onto Schaeffer's Senior Quantitative Analyst Rocky White's list of names that saw the highest weekly options volume in the last two weeks. Per White's data, 1,716,369 calls and 1,449,704 puts have been exchanged within that period. The January 2025 9.35-strike put was the most popular contract during this time, followed by the weekly 11/3 10.50-strike call. 

    MAO Nov6

    These options traders are in luck, too, as premiums are attractively priced at the moment. F's Schaeffer's Volatility Index (SVI) of 28% ranks in the low 5th percentile of its annual range, meaning options traders are pricing in low volatility expectations at the moment. 


    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on C3.ai calls
    238.5% GAIN on Oracle calls



    Rainmaker Ads CGI