By Pete Najarian, co-founder of OptionMonsterDETROIT ( OptionMonster) -- Ford Motor ( F) moved progressively higher Thursday and option traders are betting it has more fuel in the tank. The automaker saw 220,398 calls change hands vs. 58,708 puts, according to OptionMonster's real-time tracking systems. Institution-sized buying included some 50,000 February 21 calls that went for 16 cents, including a single block of 36,862 contracts. The January 19s were also purchased but in volume less than open interest so that could be panic buying on the part of short-sellers. The company has been gaining traction like one of its big-load pickups, with December another strong month of sales for the F-150, the Fusion, and the Edge. Shares fell 0.16% to $18.68 Thursday but hit a new nine-year high of $18.97 before pulling back. The stock is up 37% in the last three months but would need to rise another 13% in the next five weeks for the calls purchased Thursday to turn a profit. Najarian owns Ford calls and bonds.