Largest option buying in equities so far

By David Russell,

Shutterstock photo

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.

Alcoa (AA): An investor purchased 20,000 January 2014 calls for $1.51, looking for the metal stock to rally over the next 18 months. AA is unchanged at $8.02.

International Game Technology (IGT): About 15,000 October 15 puts were for $2.75 as an investor exited a winning bearish position after the stock fell. IGT is down 15 percent to $12.48.

Symantec (SYMC): Investors sold more than 13,000 January 17.50 calls, mostly for $0.51. Volume was below open interest, indicating that existing positions were closed. SYMC rose 15 percent to $15.10.

Citigroup (C): Investors sold more than 30,000 August 22 puts for $0.11 to $0.12, looking for the banking giant to hold its ground. C rose 1.78 percent to $25.69.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.

This article appears in: Investing Options
Referenced Stocks: AA , C , IGT , SYMC

More from optionMONSTER




Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by