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.

Hess (HES): Volume surged in the November 57.50 calls for $0.30 and the December 60 calls for $0.62 as an investor rolled a bullish position from one contract to the other. HES rose 1.91 percent to $54.41.

CVS Caremark (CVS): An investor bought 5,000 contracts each in the November 46 puts and the November 47 calls for $0.49, likely closing an existing short strangle trade. CVS rose 0.28 percent to $46.69.

American International Group (AIG): An investor bought 10,000 February 30 puts, sold 10,000 February 34 calls and bought 10,000 February 38 calls. The position is similar to shorting the stock, while also hedging against a rally. AIG rose 1.01 percent to $33.01.

Bank of America (BAC): More than 17,000 December 10 calls were purchased, mostly for $0.36, but volume was far below open interest at the strike. BAC fell 1.42 percent to $9.71.

KB Home (KBH): A block of 12,000 January 16 puts was bought for $1.48 as an investor positions for downside in the share price. KBH fell 2.19 percent to $16.35.

Ford Motor (F): Some 14,000 December 9 puts were bought for $0.02, but volume is far below open interest at the strike. F rose 1.16 percent to $11.30.



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: AIG , BAC , CVS , HES , KBH

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Referenced

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80,803,605
  • $16.835 ▼ 1.26%
64,883,530
  • $13.30 ▼ 6.27%
53,012,197
  • $76.60 ▼ 3.09%
51,844,794
  • $14.59 ▼ 1.35%
51,583,301
  • $3.43 ▼ 1.72%
50,330,042
  • $97.32 ▼ 1.49%
47,302,026
  • $99.319 ▼ 1.42%
40,533,839
  • $25.04 ▼ 0.52%
As of 10/1/2014, 03:58 PM

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