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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Stocks

Referenced

85%
83%
69%

Most Active by Volume

41,273,786
  • $102.045 ▲ 2.29%
24,912,637
  • $16.435 ▲ 1.08%
23,630,043
  • $13.4001 ▼ 4.29%
22,215,773
  • $40.605 ▼ 6.20%
14,510,820
  • $95.92 ▲ 1.62%
13,669,791
  • $30.825 ▲ 3.82%
12,255,706
  • $37.82 ▲ 7.38%
12,036,993
  • $9.365 ▲ 2.24%
As of 10/21/2014, 10:58 AM

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