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.

PulteGroup (PHM): An investor purchased 15,000 January 2014 15 calls for $3.75, and sold an equal number of January 2014 25 calls for $0.95. The call spread cost $2.80 and will earn a profit of 257 percent if the homebuilder closes at $25 or higher by early 2014. PHM fell 1.61 percent to $15.30.

Ford Motor (F): More than 14,000 September 10.50 calls were purchased, mostly for $0.05 and $0.07, as investors look for upside in the share price. F dropped 0.22 percent to $10.19.

MGM Resorts (MGM): An investor bought back 4,000 September 11 puts for $0.33 against open interest and sold an equal number of March 11 puts for $1.35, rolling a short position into early next year. They collected a credit of $1.02 in the process. MGM fell 0.91 percent to $10.86.

EMC (EMC): Some 7,000 January 25 puts were bought for $0.95 and $0.97, but volume was far below open interest at the strike. EMC fell 0.26 percent to $27.24.




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: EMC , F , MGM , PHM

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Stocks

Referenced

Most Active by Volume

69,589,453
  • $17.71 ▲ 0.51%
67,826,144
  • $92.90 ▼ 14.34%
43,457,267
  • $7.15 ▲ 5.61%
41,474,187
  • $112.94 ▲ 1.04%
39,656,564
  • $7.45 ▲ 4.78%
38,604,858
  • $15.49 ▲ 9.01%
34,600,059
  • $25.71 ▲ 0.35%
32,095,432
  • $104.58 ▲ 0.25%
As of 12/22/2014, 04:15 PM


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