Largest option buying in equities so far

By
A A A

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

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Quick on Your Feet
Quick on Your Feet                  
Early Entrepreneurship
Early Entrepreneurship              
Trying to Be Goofy
Trying to Be Goofy                  

Stocks

Referenced

72%
100%
80%
100%
86%

Most Active by Volume

48,099,947
  • $16.09 ▲ 0.50%
40,277,806
  • $102.50 ▲ 0.24%
40,236,499
  • $19.57 ▲ 2.35%
31,092,510
  • $49.75 ▲ 0.65%
30,795,218
  • $34.92 ▲ 0.78%
29,910,855
  • $3.63 ▲ 0.83%
24,019,154
  • $13.06 ▼ 0.38%
23,753,906
  • $74.82 ▲ 1.31%
As of 8/29/2014, 04:04 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com