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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As of 7/29/2015, 12:13 PM

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