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.

Plains Exploration & Production (PXP): An investor bought 10,348 May 40 calls for $3.40 and sold 10,348 May 30 puts for $2.05. The trade cost $1.35 and will leverage a move to the upside while also resulting in downside risk. PXP rose 2.12 percent to $37.03.

Advanced Micro Devices (AMD): More than 11,000 March 3 calls were purchased, mostly for $0.46 to $0.50, as investors look for the chip maker to rally. AMD rose 1.75 percent to $3.21. (See related story )

Sprint Nextel (S): More than 60,000 November 6 calls were bought for $0.28 to $0.46 as investors look for the stock to rally. S is up 18 percent to $5.96.

MetroPCS Communications (PCS): Almost 14,000 contracts traded in the October 11 puts, but volume was below open interest at the strike. PCS fell 6.15 percent to $11.30.



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: AMD , PCS , PXP , S

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Stocks

Referenced

84%
76%

Most Active by Volume

79,856,462
  • $102.19 ▲ 2.44%
70,834,677
  • $13.22 ▼ 5.57%
64,906,108
  • $16.565 ▲ 1.88%
45,567,890
  • $40.42 ▼ 6.63%
43,691,292
  • $96.645 ▲ 2.39%
35,613,336
  • $9.29 ▲ 1.42%
33,185,872
  • $31.10 ▲ 4.75%
28,679,844
  • $40.16 ▲ 2.24%
As of 10/21/2014, 03:39 PM

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