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.

Bank of America (BAC): A block of 20,000 January 10 calls was purchased for $0.16. While the trade is bullish, volume was far below open interest at the strike. BAC rose 1.04 percent to $7.75.

Sprint Nextel (S): An investor sold 11,000 August 4 calls for $0.44 against open interest and bought 15,700 November 5 calls for $0.27. The trade is bullish because they increased the number of contracts owned and prolonged the wager by three months. S rose 3.60 percent to $4.47.

MEMC Electronic Materials (WFR): Volume surged in the August 2 puts and the August 1.50 puts as an investor exited a downside trade. It was probably intended as a hedge before the company's earnings report this morning. WFR rallied 16 percent to $2.39.

Apple (AAPL): Volume surged in the August 555 calls as investors sought to reap the company's quarterly cash dividend. AAPL rose 0.05 percent to $621.20.



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: AAPL , BAC , S , WFR

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Shazam - The Future
Shazam - The Future                 

Stocks

Referenced

Most Active by Volume

61,752,026
  • $16.33 ▲ 0.25%
33,545,351
  • $3.56 ▼ 0.84%
32,310,905
  • $100.889 ▼ 0.64%
29,685,674
  • $18.23 ▲ 0.83%
27,212,745
  • $48.17 ▲ 4.49%
26,597,975
  • $29.80 ▼ 6.85%
25,437,805
  • $26.01 ▼ 0.73%
23,756,950
  • $19.29 ▲ 0.73%
As of 8/26/2014, 04:06 PM

Find a Credit Card

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