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.

Williams (WMB): Volume surged in the January 45 calls and the January 50 calls as an investor apparently closed a winning position at the lower strike and rolled it higher. He or she collected a credit of $0.54 in the process and remains exposed to further gains in the pipeline stock. WMB fell 0.57 percent to $37.67.

Barrick Gold (ABX): Some 10,000 January 2015 25 calls were bought for $2.17 and an equal number of January 2015 35 calls were bought for $0.85. The trader was either opening a new bullish call spread or closing a previous call credit spread. Either way, the trade reflects a belief the stock will rebound above $25 over the long run. ABX fell 3.31 percent to $19.27.

Trina Solar (TSL): Some 15,000 June 5 puts were bought for $0.06 to $0.11. Volume was below open interest at the strike, so the investor was probably closing a short position profitably after the stock rallied. TSL rose 10 percent to $7.49.



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: WMB

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Stocks

Referenced

100%

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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