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

61,354,178
  • $10.59 ▲ 13.26%
57,732,182
  • $16.27 ▲ 1.12%
51,991,548
  • $103.30 ▲ 0.78%
48,129,834
  • $20.65 ▲ 5.52%
41,623,916
  • $12.63 ▲ 8.13%
34,295,241
  • $76.68 ▲ 2.49%
31,519,079
  • $34.57 ▼ 1.00%
28,847,879
  • $3.64 ▲ 0.28%
As of 9/2/2014, 04:15 PM

Find a Credit Card

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