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%
67%
78%

Most Active by Volume

57,375,820
  • $16.20 ▼ 0.80%
46,357,695
  • $102.13 ▲ 1.23%
39,856,106
  • $3.59 ▲ 0.84%
36,749,915
  • $19.21 ▲ 5.38%
35,094,671
  • $74.63 ▼ 1.75%
25,538,058
  • $48.06 ▼ 0.23%
24,241,250
  • $38.18 ▲ 1.03%
22,422,839
  • $11.20 ▲ 3.70%
As of 8/27/2014, 04:02 PM

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