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.

Cisco Systems (CSCO): Investors bought more than 5,000 November 17 puts, mostly for $0.37, looking for downside in the tech stock. CSCO rose 0.34 percent to $19.19.

General Electric (GE): More than 10,000 January 21 puts were bought for $1.59 to $1.60 as investors position for the shares to push lower. GE rose 0.73 percent to $20.79.

Nokia (NOK): Trading surged in the January 5 calls as buyers paid $0.19 and $0.20, but volume remains far below open interest in the strike. NOK fell 2.66 percent to $3.12.

Apple (AAPL): Volume surged in the August 655 puts expiring today as investors positioned for a short-term drop in the tech giant. AAPL rose 0.47 percent to $665.73.




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: AAPL , CSCO , GE , NOK



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