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.
Delta Air Lines (DAL): Some 10,000 January 10 calls were purchased,
mostly for $0.55, as investors look for upside in the share price.
DAL declined 1.15 percent to $8.60.
Direxion Daily Energy Bear 3x exchange-traded fund (ERY): More than
26,000 October 8 calls were purchased for $1. The fund moves in the
opposite direction as the energy sector, so the trades are bearish
on stocks overall. ERY climbed 1.91 percent to $8.52.
Oracle (ORCL): A block of 5,500 March 34 alls were purchased for
$1.52 as investors look for the software giant to rally. ORCL fell
0.16 percent to $31.53.
J.C. Penney (JCP): Some 20,000 November 17 puts were bought for
$0.26, but volume was far below open interest at the strike. JCP
rose 3.28 percent to $26.13.
Bank of America (BAC): More than 6,800 May 7 puts traded for $0.64
as investors brace for a pullback in the shares. BAC rose 1.01
percent to $8.04.
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