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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Referenced

Most Active by Volume

62,287,287
  • $17.03 ▼ 1.10%
26,194,993
  • $30.555 ▲ 1.24%
26,150,957
  • $126.44 ▼ 0.13%
25,197,634
  • $40.59 ▼ 6.26%
25,192,083
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24,563,617
  • $26.78 ▲ 0.45%
24,474,256
  • $5.85 ▲ 1.56%
24,111,132
  • $8.83 ▲ 2.08%
As of 7/2/2015, 04:15 PM

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