Top 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.


Bank of America (BAC): Investors bought more than 22,000 October 9.50 calls for $0.02 to $0.04. Those contracts expire this afternoon, so they're looking for upside by the close. BAC rose 0.53 percent to $9.52.

Navistar International (NAV): Some 14,000 October 20 puts were sold for $0.25 against previous open interest. Equal-sized blocks traded in the November 18 calls, sold for $2.45, and the November 16 puts, bought for $0.35. It appears that a bearish position expiring today was closed and rolled forward in time. NAV fell 7.62 percent to $18.98.

Advanced Micro Devices (AMD): Investors bought more than 10,000 January 2014 5 calls,
mostly for $0.19, looking for the chip maker to rebound over the long term. AMD plunged 15 percent to $2.23.

eBay (EBAY): Investors bought the November 45 puts for $0.22 and sold the November 55 calls for $0.14, positioning for downside in the online-auction stock. EBAY fell 2.24 percent to $49.69.

Sprint Nextel (S): More than 9,700 November 6 calls traded, mostly for $0.05 and $0.06, but volume was far below open interest at the strike. S fell 0.43 percent to $5.76.



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: AMD , BAC , EBAY , NAV , S

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Renovating the Empty Nest
Renovating the Empty Nest           

Stocks

Referenced

Most Active by Volume

93,878,383
  • $2.23 ▲ 39.38%
51,087,031
  • $16.73 ▼ 0.06%
49,332,388
  • $2.02 ▼ 35.26%
41,208,585
  • $35.07 ▲ 1.30%
39,602,660
  • $93.88 ▲ 3.51%
38,838,128
  • $131.39 ▲ 1.02%
38,654,579
  • $27.72 ▲ 0.29%
38,235,949
  • $6.16 ▼ 0.96%
As of 5/21/2015, 04:15 PM


Find a Credit Card

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