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.

Johnson & Johnson (JNJ): A block of 5,000 August 87.50 puts was bought for $0.48 and an equal number of August 85 puts was sold for $0.20. Known as a put spread, the trade cost $0.28 and will earn a maximum profit of 793 percent if shares close to $85 or lower in expiration. JNJ fell 0.16 percent to $90.26.

Dell (DELL): Buyers snapped up almost 19,000 August 14 calls for $0.08, but volume was below open interest at the strike. DELL slid 1.31 percent to $12.85.

NRG Energy (NRG): Blocks of 3,000 contracts each traded in the January 27 calls and January 32 calls. It appears that an existing bullish call spread was closed for a credit of $2.20. NRG fell 0.38 percent to $28.68.

Bank of America (BAC): More than 50,000 of the July 14 calls traded, mostly for $0.16 to $0.22, but volume was below open interest at the strike. BAC rose 1.87 percent to $14.18.




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: JNJ

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Referenced

77%

Most Active by Volume

89,070,840
  • $17.26 ▲ 3.23%
78,931,485
  • $7.02 ▲ 4.46%
77,555,734
  • $6.70 ▲ 6.69%
77,025,346
  • $24.66 ▲ 0.69%
74,713,335
  • $101.80 ▲ 1.82%
72,324,726
  • $7.64 ▲ 0.79%
57,112,188
  • $17.84 ▲ 55.27%
53,321,397
  • $18.01 ▼ 4.46%
As of 12/17/2014, 04:15 PM


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