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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Stocks

Referenced

Most Active by Volume

76,389,843
  • $16.11 ▲ 1.13%
54,914,450
  • $128.95 ▲ 3.04%
49,328,034
  • $14.15 ▲ 5.44%
37,951,947
  • $16.54 ▲ 4.88%
36,958,408
  • $37.84 ▼ 2.87%
35,690,832
  • $48.655 ▲ 0.03%
35,241,746
  • $6.50 ▼ 1.22%
34,734,899
  • $8.07 ▲ 5.08%
As of 5/1/2015, 04:15 PM


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