Largest option buying in equities so far
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.
Micron (MU): Investors bought more than 10,000 February 8 calls for $0.10, looking for upside in the maker of memory chips. There was also heavy selling in the January 7.50 puts. MU rose 4.68 percent to $6.94.
Ford Motor (F): Almost 44,000 contracts traded in the January 12.50 calls, mostly for $0.77 to $1.03, positioning for upside in the share price. F rose 2.27 percent to $13.50.
Bank of America (BAC): Some 15,000 May 10 puts were bought for $0.30 as investors traders braced for a pullback. BAC rose 0.25 percent to $12.
Citigroup (C): Investors bought and sold the January 38 calls, but volume was below open interest at the strike. C rose 0.33 percent to $41.39.