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.

Liberty Global (LBTYA): A trader purchased 25,000 January 60 calls were purchased for $1.95. A large block of shares was sold around the same time, indicating the use of a so-called delta-neutral strategy which profits from increased volatility rather than a move in a specific direction.
LBTYA rose 2.58 percent to $59.18.

Bank of America (BAC): More than 23,000 October 8 calls were purchased, mostly for $1.32 to $1.35, as investors look for upside in the share price. BAC rose 0.05 percent to $9.20.

EMC (EMC): More than 33,000 April 25 puts were bought, mostly for $1.39 to $1.41. A similar number of October 25 puts were sold at the same time against open interest, indicating that a protective position was rolled forward in time. EMC rose 1.74 percent to $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 , EMC , LBTYA

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Referenced

Most Active by Volume

33,974,386
  • $17.98 ▲ 0.28%
20,763,901
  • $91.29 ▲ 2.06%
19,110,793
  • $7.26 ▼ 1.22%
18,528,869
    $8.33 unch
18,014,920
  • $4.19 ▼ 1.18%
16,448,919
  • $25.83 ▼ 0.19%
14,748,190
  • $7.60 ▼ 1.43%
14,144,383
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM


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