Largest option buying in equities so far

By
A A A

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

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Stocks

Referenced

Most Active by Volume

49,050,084
  • $10.475 ▼ 3.37%
35,941,387
  • $17.145 ▲ 0.15%
33,833,110
  • $118.369 ▲ 1.63%
28,633,147
  • $34.695 ▼ 1.66%
26,198,805
  • $36.105 ▲ 1.45%
23,998,687
  • $15.629 ▲ 1.29%
23,436,159
  • $47.75 ▼ 0.48%
23,083,550
  • $40.82 ▲ 2.69%
As of 11/24/2014, 03:01 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com