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): Some 100,000 November 9 calls were purchased for $0.25 and a similar number of November 10 calls were sold for $0.07. That's a bullish call spread for a cost of $0.18, with a maximum profit of 455 percent on a move back to $10. BAC rose 4.40 percent to $8.30.

Banco Santander (SAN): Almost 25,000 January 2014 12 calls were purchased, mostly for $0.35, as traders position for long-term gains in the Spanish lender. SAN rose 4.17 percent to $7.49.

Facebook (FB): More than 60,000 September 19 weekly calls expiring tomorrow were purchased, mostly for $0.20 to $0.35, as investors look for a quick rally in the share price. FB rose 2.18 percent to $19.99

General Electric (GE): Some 7,400 September 20 puts were bought, but volume was far below open interest. GE rose 2.62 percent to $21.19.

J.C. Penney (JCP): Volume surged in the October 25 puts and the October 22 puts as investors look for the shares to push lower. JCP rose 3.48 percent to $27.35.



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 , FB , GE , JCP , SAN

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Stocks

Referenced

74%
73%
88%
63%
100%

Most Active by Volume

64,589,368
  • $16.72 ▲ 1.03%
45,774,432
  • $6.81 ▲ 8.27%
35,283,927
  • $33.27 ▼ 1.87%
34,510,278
  • $15.26 ▼ 0.65%
32,953,611
  • $129.96 ▼ 0.44%
30,825,637
  • $8.92 ▲ 6.57%
29,143,682
  • $5.16 ▲ 1.57%
21,610,030
  • $11.05 ▲ 3.37%
As of 6/2/2015, 04:15 PM


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