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.
Freeport-McMoRan Copper & Gold (FCX): Some 4,500 May 33 calls
were purchased for $3.40 as an investor positioned for upside in
the share price. FCX fell 1.64 percent to $34.78.
Baidu (BIDU): A block of 5,000 January 125 calls was purchased for
$0.05. While bullish, volume was below open interest, so it may
have resulted from an existing position being closed. BIDU fell
1.47 percent to $100.78.
MetLife (MET): More than 12,000 March 30 puts were bought for $0.24
to $0.30 as investors brace for downside in the share price. MET
rose 1.10 percent to $36.19.
Bank of America (BAC): Almost 7,800 February 12 calls were
purchased for $0.40 to $0.51 but volume was far below open interest
at the strike. BAC fell 1.16 percent to $11.95.
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.
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