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

83%
79%

Most Active by Volume

63,683,265
  • $16.34 ▼ 0.12%
57,325,180
  • $10.64 ▲ 1.33%
54,257,396
  • $112.76 ▼ 0.47%
40,860,148
  • $5.86 ▲ 1.38%
40,102,780
  • $28.54 ▲ 0.42%
36,273,767
  • $104.31 ▼ 1.24%
36,196,207
  • $13.87 ▲ 0.95%
35,675,931
  • $10.40 ▲ 0.97%
As of 8/31/2015, 04:15 PM

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