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.

U.S. Steel (X): About 10,000 July 30 calls were bought for $1.63 as investors look for upside in the stock. X rose 3.51 percent to $26.84. (See related story )

Zions Bancorporation (XION): An investor bought about 6,900 contracts each in the March 18 puts for $0.15 and the March 19 calls for $0.30. Known as a strangle, the trade is designed to profit from a big move higher or lower by the end of next week. ZION rose 1.93 percent to $19.05. (See related story )

Saleforce.com (CRM): A block of 7,000 April 150 calls were bought for $5.40 and an equal number of April 170 calls were sold for $0.70. The call spread will earn more than 300 percent if the stock closes at or above $170 on expiration. CRM rose 0.64 percent to $147.02.

Bank of America (BAC): Almost 14,000 March 9 calls were bought for $0.01 as investors looked for a rally over the next six sessions. BAC rose 1.24 percent to $8.16.



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 , CRM , X

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Referenced

72%
60%
81%

Most Active by Volume

55,414,702
  • $15.38 ▼ 0.39%
38,503,210
  • $66.34 ▲ 2.26%
36,466,704
  • $8.36 ▼ 9.52%
35,253,294
  • $26.55 ▲ 1.34%
32,752,347
  • $6.55 ▲ 1.87%
31,778,001
  • $95.22 ▲ 0.19%
28,396,556
  • $51.49 ▼ 0.62%
23,800,987
  • $42.09 ▲ 0.97%
As of 7/11/2014, 04:03 PM