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.
Johnson & Johnson (JNJ): A block of 5,000 August 87.50 puts was
bought for $0.48 and an equal number of August 85 puts was sold for
$0.20. Known as a put spread, the trade cost $0.28 and will earn a
maximum profit of 793 percent if shares close to $85 or lower in
expiration. JNJ fell 0.16 percent to $90.26.
Dell (DELL): Buyers snapped up almost 19,000 August 14 calls for
$0.08, but volume was below open interest at the strike. DELL slid
1.31 percent to $12.85.
NRG Energy (NRG): Blocks of 3,000 contracts each traded in the
January 27 calls and January 32 calls. It appears that an existing
bullish call spread was closed for a credit of $2.20. NRG fell 0.38
percent to $28.68.
Bank of America (BAC): More than 50,000 of the July 14 calls
traded, mostly for $0.16 to $0.22, but volume was below open
interest at the strike. BAC rose 1.87 percent to $14.18.