Largest 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.

Yahoo (YHOO): An investor bought 10,000 November 17 calls for $0.19 and sold an equal number of November 18 calls for $0.07. Volume was more than quadruple open interest at both strikes. The bullish call spread cost $0.12 and will earn a profit of 733 percent if the stock closes at or above $18 on expiration. YHOO rose 1.67 percent to $15.87.

Deckers Outdoor (DECK): An investor purchased 10,000 January 50 calls for $1.05 and $1.10 while selling a large block of shares at the same time. Known as a delta-neutral trade, the strategy will make money from the passage of time rather than a directional move. DECK fell 0.30 percent to $36.12.

Oracle (ORCL): Investors bought more than 6,400 October 31 weekly calls expiring the end of next week for $0.32 to $0.45, looking for the software maker to rally in the short term. ORCL rose 0.88 percent to $31.



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: DECK , ORCL , YHOO

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Cheap Ways to Sleep Better
Cheap Ways to Sleep Better          

Stocks

Referenced

Most Active by Volume

105,679,298
  • $16.13 ▼ 0.19%
43,130,824
  • $101.32 ▲ 0.74%
24,108,376
  • $59.80 ▲ 7.34%
22,524,427
  • $26.15 ▼ 1.06%
22,194,114
  • $24.65 ▼ 0.96%
21,835,360
  • $99.05 ▲ 0.15%
20,872,575
  • $34.94 ▼ 0.60%
20,561,803
    $74.57 unch
As of 8/22/2014, 04:02 PM

Find a Credit Card

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