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): More than 60,000 January 7.50 calls were bought, mostly or $1.75 to $1.80, but volume was below open interest in the strike. BAC rose 2.17 percent to $8.02.

Weatherford International (WFT): About 37,000 March 18 calls were bought for $0.84 to $1.01. An equal number of February 17 calls were sold at the same time for $0.78 to $0.90 against previous open interest. That suggests an existing long position was rolled from one contract to the other. WFT fell 1.35 percent to $17.55.

Halliburton (HAL): A long position in more than 5,000 February 37 calls was rolled to the March 38 contract for a net cost of about $0.30 as investors look for upside. HAL fell 0.68 percent to $36.75

E*Trade Financial (ETFC): A block of 10,000 January 10 calls was purchased for $2.10 against open interest of just 931 contracts. The trade reflects a long-term bullish sentiment toward the stock. ETFC rose 0.54 percent to $9.15.



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 , ETFC , HAL , WFT

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49,117,874
  • $16.37 ▲ 1.61%
36,878,842
  • $129.0601 ▲ 0.09%
20,427,151
  • $37.73 ▼ 0.29%
19,689,001
  • $16.37 ▼ 1.03%
18,875,617
  • $6.535 ▲ 0.54%
17,858,462
  • $3.895 ▼ 0.89%
17,767,898
  • $8.015 ▼ 0.68%
17,744,101
  • $21.24 ▼ 0.75%
As of 5/4/2015, 02:13 PM


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