Top 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.

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

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Referenced

Most Active by Volume

73,078,214
  • $30.33 ▼ 3.90%
57,046,796
  • $15.52 ▲ 0.45%
51,290,831
  • $100.57 ▲ 0.04%
39,855,468
  • $8.13 ▲ 1.37%
31,693,544
  • $5.50 ▲ 20.35%
31,532,510
  • $10.33 ▲ 0.78%
31,526,753
  • $39.10 ▲ 47.21%
28,366,542
  • $26.36 ▲ 1.19%
As of 8/20/2014, 04:04 PM

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