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.

Symantec (SYMC): A block of 20,000 January 17.50 puts was sold for $0.81 and 20,000 January 20 calls were bought for $0.89. The strategy is similar to owning shares and will leverage a rally in the stock. SYMC fell 0.37 percent to $18.87.

Barrick Gold (ABX): Some 10,000 January 40 calls were purchased, mostly for $4.20. While bullish, volume was below open interest, so it may have resulted from an existing short position being closed. ABX is down 1.66 percent to $43.03.

Morgan Stanley (MS): Some 12,000 October 16 puts were bought for $0.38 as investors position for downside in the share price. MS falls 2.62 percent to $17.11.

EMC (EMC): A block of 35,000 January 2014 23 puts was sold for $2.15 and 35,000 January 2014 35 calls were bought for $1.42. The strategy is similar to owning shares and will leverage a
rally in the stock. EMC falls 1.09 percent to $27.42.

American International Group (AIG): Some 20,000 January 25 puts were bought for $0.23 but volume was below open interest at the strike. AIG falls 1.28ms percent to $33.82.



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: ABX , AIG , EMC , MS , SYMC

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Stocks

Referenced

Most Active by Volume

75,741,921
  • $46.47 ▲ 20.42%
34,234,078
  • $15.425 ▲ 0.55%
31,856,284
  • $3.445 ▲ 1.32%
23,246,760
  • $74.85 ▲ 1.55%
21,443,828
  • $29.25 ▼ 0.75%
20,256,189
  • $36.86 ▲ 3.31%
20,213,105
  • $14.162 ▼ 12.90%
19,377,603
  • $33.11 ▲ 19.66%
As of 7/30/2014, 12:58 PM