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.

Corning (GLW): Some 62,000 January 15 calls were purchased for $0.01 and $0.02 but volume was below open interest at the strike. GLW rose 1.06 percent to $11.02.

JP Morgan (JPM): More than 15,000 January 2014 55 calls were bought for $0.67 as investors position for long-term upside in the financial giant. JPM rose 2.34 percent to $40.45.

Bank of America (BAC): More than 40,000 December 10 calls were purchased for $0.14 and $0.15 as investors look for the bank to rally. BAC rose 3.95 percent to $9.48.

Southwest Airlines (LUV): Some 18,000 January 7.50 puts were bought for $0.10. A large block of shares also traded around the same time, indicating the use of a delta-neutral trade that profits from implied volatility increasing. LUV rose 1.09 percent to $9.03.

Charles Schwab (SCHW): Some 15,000 December 12 puts were bought for $0.15 but volume was below open interest at the strike. SCHW rose 0.47 percent to 12.84.

Intel (INTC): Some 10,000 December 19 puts were bought for $0.18 as investors brace for further downside in the chip maker. INTC rose 0.84 percent to $20.36.



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 , GLW , JPM , LUV , SCHW

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Stocks

Referenced

Most Active by Volume

88,363,013
  • $102.47 ▲ 2.72%
76,664,591
  • $16.60 ▲ 2.09%
75,156,840
  • $13.20 ▼ 5.71%
53,255,668
  • $40.68 ▼ 6.03%
49,564,657
  • $96.87 ▲ 2.63%
42,649,404
  • $9.26 ▲ 1.09%
37,436,329
  • $31.19 ▲ 5.05%
35,538,826
  • $28.28 ▲ 1.25%
As of 10/21/2014, 04:15 PM

Find a Credit Card

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