Largest 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.

Amarin (AMRN): An investor bought 13,150 January 18 calls for $1.55 and sold a matching number of January 25 calls for $0.40. Known as a bullish call spread, the trade cost $1.15 and will earn a maximum profit of about 500 percent if the stock rallies to $25 by expiration. AMRN fell 9.12 percent to $11.53.

McMoRan Exploration (MMR): An investor bought about 7,000 August 17 calls for $0.03 and sold a similar number at the September 17 strike. Volume was below open interest in the August contracts, indicating that a short position in the calls was rolled forward by one month. MMR fell 3.77 percent to $13.29.

Morgan Stanley (MS): A block of 15,000 October 13 puts was bought for $0.90 as investors position for downside in the share price. MS rose 1.04 percent to $13.65.

Ford Motor (F): More than 8,000 weekly 10 calls expiring this Friday traded for $0.01, as the investors look for a rally in the near term. F rose 1.87 percent to $9.27.



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: AMRN , F , MMR , MS

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Referenced

82%
83%
71%

Most Active by Volume

105,767,201
  • $46.30 ▲ 19.98%
80,574,036
  • $15.58 ▲ 1.56%
66,424,299
  • $3.46 ▲ 1.76%
42,459,394
  • $3.82 ▲ 0.79%
36,704,800
  • $13.98 ▼ 14.02%
35,625,113
  • $74.677 ▲ 1.31%
33,067,430
  • $29.26 ▼ 0.71%
32,374,580
  • $98.15 ▼ 0.23%
As of 7/30/2014, 04:04 PM