Largest option buying in equities so far

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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.


Bank of America (BAC): Large blocks traded in the May 8 calls and the January 2013 10 calls, apparently the work of an investor rolling a short position to the higher strike. It was probably done against a long position in the stock as an adjustment of a covered-call trade. BAC rose 4.78 percent to $7.13.

NetApp (NTAP): An investor bought 30,000 March 30 puts and sold an equal number of March 45 calls, looking positioning for a pullback in the shares. NTAP rose 6.41 percent to $36.87.

Vale (VALE): More than 7,000 June 21 puts were bought for $1.08 as investors looked to hedge against a pullback. VALE rose 0.08 percent to $24.49.



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.

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.



This article appears in: Investing , Options

Referenced Stocks: BAC , NTAP , VALE

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Referenced

Most Active by Volume

52,124,124
  • $15.705 ▲ 1.13%
43,336,563
  • $110.64 ▲ 2.71%
34,738,737
  • $24.39 ▲ 2.14%
31,224,645
  • $102.75 ▲ 1.68%
30,516,243
  • $102.6108 ▼ 3.01%
29,943,175
    $9.22 unch
26,709,290
  • $5.405 ▼ 0.28%
26,084,141
  • $28.33 ▲ 1.83%
As of 9/2/2015, 02:52 PM

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