Largest option buying in equities so far

By optionMONSTER September 04, 2012, 11:32:54 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.

Hertz Global Holdings (HTZ): About 6,000 January 14 calls were purchased for $1.80 as investors look for upside in the share price. Volume was more than 85 times open interest at the strike. HTZ rose 0.85 percent to $14.30. (See related story )

Bank of America (BAC): More than 11,000 September 9 calls traded, most of which were purchased for $0.03. Volume, however, was far below open interest at the strike. BAC rose 0.31 percent to $8.02.

Cliffs Natural Resources (CLF): More than 4,200 September 36 puts were bought, mostly for $1.38 to $1.45, as investors look for the shares to push lower. CLF fell 4.44 percent to $34.25. (See related story )

Morgan Stanley (MS): More than 3,700 October 13 puts were bought for $0.22 to $0.24. MS rose 1.93 percent to $15.29.




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: BAC, CLF, HTZ, MS



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Most Active by Volume:

Company Last Sale Change Net / %
S $ 7 0.32  4.37%
PFE $ 29.10 0.30  1.02%
BAC $ 13.19 0.08  0.60%
MU $ 13.97 0.22  1.60%
SIRI $ 3.37 0.03  0.88%
GE $ 23.98 0.35  1.44%
QQQ $ 72.76 0.82  1.11%
ELN $ 14.15 0.37  2.69%