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

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100%
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86%

Most Active by Volume

91,252,153
  • $13.78 ▼ 4.31%
68,133,496
  • $12.93 ▲ 6.77%
57,268,074
  • $46.13 ▲ 2.47%
43,432,023
  • $105.22 ▲ 0.37%
40,880,685
  • $13.46 ▲ 8.90%
40,712,405
  • $98.62 ▲ 0.82%
39,776,976
  • $16.72 ▲ 0.72%
34,688,871
  • $11.16 ▲ 3.05%
As of 10/24/2014, 04:15 PM

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