Largest option buying in equities so far

By optionMONSTER February 20, 2013, 11:31:12 AM EDT

Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.

General Motors (GM): Some 30,000 June 35 calls were purchased, mostly for $0.13 to $0.15 as investors position for upside in the auto maker. GM rose 0.79 percent to $27.46.

AngloGold Ashanti (AU): Some 7,035 April 33 calls were bought for $0.05 and about 13,600 June 28 calls were sold for $0.70 to $0.80. Volume was below open interest in the April contracts, indicating that a short position was rolled forward in time and to the lower strike, reflecting a neutral-to-bearish outlook toward the gold miner. AU fell 3.89 percent to $25.69.

JP Morgan (JPM): An investor sold 5,000 May 49 puts for $1.79 and bought an equal number of March 49 puts for $0.75. Known as a calendar spread, the trade generated a credit of $1.04. JPM fell 0.36 percent to $49.27. (See related story )




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Options

Referenced Stocks: GM



Latest News Video



From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.2171 0.01  0.05%
P $ 18.38 1.22  7.11%
HPQ $ 24.4401 0.42  1.69%
PG $ 82.01 3.31  4.21%
MSFT $ 34.10 0.05  0.15%
CRM $ 42.14 3.55  7.77%
FB $ 24.8425 0.22  0.87%
INTC $ 23.88 0.17  0.71%