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.


SPDR Barclays High-Yield Bond Fund (JNK): An investor bought 3,000 September 39 puts and 3,000 September 39 calls for about $1.80 and $0.40, respectively. Some 2,000 contracts were sold around the same time in the June 38.74 calls and June 38.74 puts for $0.45, indicating that a long straddle was rolled from one month to the next. JNK fell 0.20 percent to $38.28.

Wal-Mart Stores (WMT): More than 5,000 June 65 calls were purchased for $3.20, but volume was below open interest in the strike. WMT fell 0.15 percent to $68.12.

Focus Media (FMCN): An investor bought 10,000 January 17.50 puts for $3.50. He or she also sold 10,000 contracts each in the January 12.50 puts for $1.25 and the January 30 calls for $1.40. The bearish trade resulted in a cost of $0.85 will earn a maximum profit of 488 percent if the Chinese advertising company closes at or below $12.50 on expiration. FMCN fell 1.27 percent to $20.25. (See related story )

Bank of America (BAC): Volume surged in the June 8 calls, but volume was below open interest in the strike. BAC fell 1.85 percent to $7.42.



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 , FMCN , JNK , WMT

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Stocks

Referenced

73%
100%
75%

Most Active by Volume

70,401,230
  • $16.01 ▲ 1.27%
46,075,525
  • $129.09 ▲ 0.49%
35,017,945
  • $30.19 ▲ 2.30%
33,674,558
  • $6.37 ▼ 3.92%
30,393,625
  • $7.85 ▼ 7.65%
30,221,728
  • $26.11 ▲ 0.46%
30,031,499
  • $24.65 ▼ 0.64%
29,718,910
  • $43.88 ▲ 0.07%
As of 3/2/2015, 04:15 PM


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