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

Stocks

Referenced

Most Active by Volume

112,007,213
  • $14.79 ▼ 2.12%
79,492,830
  • $17.05 ▲ 0.24%
63,236,947
  • $56.63 ▲ 7.54%
55,553,482
  • $3.41 ▼ 3.94%
53,662,885
  • $14.19 ▼ 3.47%
52,606,858
  • $100.75 ▲ 0.64%
39,074,810
  • $4.84 ▼ 2.22%
38,681,912
  • $25.62 ▲ 0.79%
As of 9/30/2014, 04:15 PM

Find a Credit Card

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