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.

Bank of America (BAC):  Almost 2,300 December 11 calls were purchased, mostly for $0.09 and $0.10, as investors look for upside in the shares. BAC fell 0.86 percent to $10.37.

Freeport-McMoRan Copper & Gold (FCX): Some 10,000 February 40 calls were purchased for $0.17 as investors look for the miner to rebound. FCX is down 3.61 percent to $31.

Juniper Networks (JNPR): Investors sold the April 16 puts and bought the April 20 calls for a net cost of $0.37. The resulting position is similar to owning shares, with significant leverage to the upside and downside. JNPR rose 1.69 percent to $18.68.

NRG Energy (NRG): Almost 23,000 December 20 puts were bought for $0.10 but volume was below open interest at the strike. NRG rose 1.15 percent to $21.98.

Disclosure: I own FCX shares.




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: BAC , FCX , JNPR , NRG

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Stocks

Referenced

Most Active by Volume

33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
  • $7.41 ▲ 2.07%
20,864,535
  • $7.39 ▼ 2.76%
18,600,501
  • $8.30 ▼ 0.36%
17,530,211
  • $8.14 ▲ 3.17%
17,299,208
  • $93.79 ▲ 2.74%
14,669,760
  • $25.78 ▼ 0.19%
As of 12/26/2014, 04:15 PM


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