Largest option buying in equities so far

By
A A A

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.


Dendreon (DNDN): Some 10,000 July 4 puts were bought for $0.30 as the drug maker pushed higher. That suggests investors are using the contracts to hedge new long positions in the stock. DNDN rose 4.75 percent to $4.21.

Microsoft (MSFT): An investor bought 14,000 January 2015 42 calls for $1.51 and sold an equal number of January 2015 37.50 calls for $2.91. Volume was below open interest at both strikes, so an existing bullish call spread may have been closed. MSFT rose 0.80 percent to $35.12.

Elan (ELN): A block of 5,000 July 12 calls was purchased for $1.60 as investors look for upside in the Irish drug maker. ELN fell 2.95 percent to $13.16.



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: DNDN

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Top Home Financing Myths
Top Home Financing Myths            

Stocks

Referenced

Most Active by Volume

64,655,493
  • $17.88 ▼ 1.38%
53,363,101
  • $18.51 ▼ 6.98%
42,789,793
  • $94.01 ▼ 1.26%
40,818,762
  • $121.30 ▼ 0.87%
38,086,152
  • $23.28 ▼ 9.17%
36,103,930
  • $14.20 ▼ 0.77%
31,870,696
  • $14.83 ▼ 1.79%
29,019,850
  • $46.70 ▼ 0.38%
As of 7/31/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com