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.


Bank of America (BAC): An investor sold 30,000 February 8 puts for $0.39 and bought an equal number of February 10 calls for $0.41. Volume was below open interest at both strikes, so the activity may result from a new bullish trade being implemented or an existing bearish trade being closed. BAC rose 0.11 percent to $8.97.

Microsoft (MSFT): Volume surged in the January 29 calls for $1.77 to $1.81 as investors positioned for upside in the software giant. MSFT rose 0.61 percent to $29.67.

Covanta (CVA): An investor bought 7,500 March 17.50 calls for $0.70 and sold an equal number of March 15 puts for $0.30, looking for the stock to rally into early 2013. CVA fell 0.29 percent to $17.12. (See related story )

Pfizer (PFE): A block of 20,000 December 25 puts were bought for $0.65, followed by a large trade in the shares. That is consistent with a directional-neutral volatility play that will profit from higher option premiums rather than move up or down. PFE rose 0.22 percent to $25.09. (See related story )



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: BAC , CVA , MFST , PFE

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Stocks

Referenced

Most Active by Volume

16,587,422
  • $92.77 ▼ 4.35%
12,623,175
  • $18.14 ▼ 0.11%
7,957,922
  • $5.655 ▲ 1.89%
7,010,818
  • $121.951 ▼ 0.84%
5,864,887
  • $36.10 ▼ 11.56%
5,184,502
  • $31.5845 ▲ 1.10%
4,964,875
  • $3.5001 ▲ 8.03%
4,277,038
  • $19.60 ▼ 1.36%
As of 7/30/2015, 09:55 AM

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