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.

Illumina (ILMN): Investors sold puts and bought calls after Roche made a hostile offer of $44.50 a share for the company. In the largest trade, 6,200 March 55 calls were bought for $1.05 and an equal number of March 50 puts were sold for $1.05. The was also selling in the February 50 puts and the June 50 calls. The activity is strongly bullish. ILMN rocketed 43 percent to $53.79.

Cheniere Energy (LNG): More than 5,500 March 13 calls were bought for $1.10 as traders look for upside in the stock. LNG rose 1.39 percent to $11.46.

Sprint Nextel (S): About 38,000 August 2 puts were bought, mostly for $0.31 and $0.32, as traders look for the stock to make new lows. S fell 1.38 percent to $2.14. (See related post on InsideOptions Pro)

Juniper Networks (JNPR): The 5,500 February 25 calls and February 21 puts traded heavily as investors look for movement ahead of the company's earnings report tomorrow afternoon. JNPR fell 1.90 percent to $22.71.

McMoran Exploration (MMR): More than 5,000 February 9 puts were bought for $0.19, although volume was below open interest in the strike. MMR fell 1.38 percent to $12.15.




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: ILMN , JNPR , LNG , MMR , S

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Referenced

Most Active by Volume

95,530,319
  • $15.15 ▼ 1.81%
88,891,852
  • $6.01 ▼ 6.09%
80,331,117
  • $117.16 ▼ 1.46%
75,474,903
  • $40.40 ▼ 3.83%
58,037,145
  • $3.54 ▲ 18.39%
53,961,231
  • $32.92 ▼ 0.12%
51,698,455
  • $23.89 ▼ 0.79%
41,667,475
  • $3.55 ▼ 1.11%
As of 1/30/2015, 04:15 PM


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