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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Stocks

Referenced

73%
100%
80%
100%
88%

Most Active by Volume

85,117,424
  • $6.78 ▲ 11.88%
77,261,576
  • $17.53 ▲ 1.56%
61,066,548
  • $6.90 ▲ 2.99%
56,847,340
  • $112.65 ▲ 2.96%
52,788,366
  • $7.78 ▲ 1.83%
50,761,300
  • $25.14 ▲ 2.91%
47,781,137
  • $45.35 ▲ 10.18%
45,664,809
  • $7.17 ▲ 2.14%
As of 12/18/2014, 04:15 PM


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