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.
Eli Lilly (LLY): Some 10,000 January 52.50 calls were purchased for
$0.35 and an equal number of January 55 calls were sold for $0.10.
The trade cost $0.25 and will earn a maximum profit of 900 if the
stock closes at or above $55 on expiration. LLY rose 1.96 percent
U.S. Airways (LCC): More than 9,000 December 15 calls were
purchased, mostly for $0.20 as investors look for the airline stock
to keep climbing. LCC fell 0.24 percent to $12.58.
Sprint Nextel (S): Activity surged in the February 6 calls and the
January 2014 7 calls for $0.20, but volume was far below open
interest at each contract. S rose 1.08 percent to $5.61.
Bank of America (BAC): Some 5,000 January 7 puts were bought for
$1.08 as investors brace for a potential drop. BAC rose 0.21
percent to $9.41.
Research In Motion (RIMM): More than 6,000 January 9 puts traded,
mostly for $1.11 to $1.18, but volume was below open interest at
the strike. RIMM is up 1.99 percent to $8.71.
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