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.

U.S. Airways (LCC): A block of 10,000 February 12 puts was sold for $0.03 and an equal number were bought in the February 13s for $0.15. Volume was below open interest in the 12s, indicating that a protective position was rolled to the higher strike. LCC rose 0.35 percent to $14.35.

Nokia (NOK): Large trades occurred in the January 2 puts and the January 2.50 calls, but volume was below open interest in both. NOK fell 4.40 percent to $3.91.

Marathon Petroleum (MPC): A block of 15,000 January 77.50 calls were bought for $5.50. A large block of shares were sold around the same time, indicating the use of a delta-neutral trade. The strategy is designed to profit from increased volatility rather than a move in a specific direction. MPC rose 1.66 percent to $74.10.

Liberty Global (LBTYA): An investor bought 20,000 July 75 calls for $1.65. A large block of shares traded around the same time, so the position might be delta neutral as well. LBTYA fell 1.15 percent to $67.98.



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: LBTYA , LCC , MPC , NOK

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91,252,153
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68,133,496
  • $12.93 ▲ 6.77%
57,268,074
  • $46.13 ▲ 2.47%
43,432,023
  • $105.22 ▲ 0.37%
40,880,685
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40,712,405
  • $98.62 ▲ 0.82%
39,776,976
  • $16.72 ▲ 0.72%
34,688,871
  • $11.16 ▲ 3.05%
As of 10/24/2014, 04:15 PM

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