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): Investors bought almost 15,000 January 11 calls, mostly for $0.11, looking for upside in the shares. BAC rose 2.94 percent to $8.39.

Valero Energy (VLO): An investor sold 10,000 January 40 calls for $0.22 and bought an equal number of march 40 calls for $0.45. The trade reflects a desire to be long the refinery stock over the long run. VLO rose 1.34 percent to $30.15.

NRG Energy (NRG): More than 7,000 March 25 calls traded against no previous open interest. Most of which were bought for $0.95 as investors look for upside in the share price. NRG rose 1.62 percent to $22.62.

CBRE Group (CBG): A block of 18,000 October 17 puts were purchased for $0.60 as investors look to hedge against a decline in the share price. CBG rose 1.61 percent to $18.35.

Home Depot (HD): Almost 20,000 September 55 puts were bought for $0.57 to $0.62, against open interest of 8,736 contracts. They will make money from the shares dropping, so the buyer is looking for downside in the home-improvement chain. HD rose 0.21 percent to $56.69.

Best Buy (BBY): More than 9,500 September 13 puts were bought, mostly for $0.11, but volume was below open interest in the strike. BBY declined 4.85 percent to $17.28.



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 , CBG , HD , NRG , VLO

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Referenced

72%
100%
80%
100%
86%

Most Active by Volume

29,753,870
  • $16.8201 ▲ 0.00%
22,838,747
  • $3.345 ▼ 2.19%
22,219,010
  • $4.92 ▲ 2.29%
16,008,510
  • $96.5813 ▼ 0.65%
14,747,962
  • $98.51 ▼ 0.68%
13,886,144
  • $6.465 ▼ 1.52%
13,472,298
  • $14.61 ▲ 0.14%
12,998,055
  • $76.21 ▼ 0.44%
As of 10/2/2014, 11:06 AM

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