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

Stocks

Referenced

Most Active by Volume

10,780,562
  • $42.40 ▼ 10.44%
10,459,271
  • $41.51 ▼ 1.91%
8,444,779
  • $9.72 ▼ 8.30%
6,044,665
  • $14.7146 ▼ 7.98%
5,763,748
  • $118.33 ▼ 0.56%
5,316,732
  • $26.7101 ▼ 0.60%
5,258,785
  • $83.67 ▼ 9.85%
5,161,078
  • $48.44 ▲ 7.72%
As of 11/28/2014, 09:56 AM

Find a Credit Card

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