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
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
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.
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