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.
Electronic Arts (EA): More than 6,000 December 14 calls were bought for $0.61 as investors position for upside in the share price. EA fell 1.75 percent to $11.81.
Focus Media (FMCN): An investor sold 10,700 January 17.50 puts for $1.85 and bought 10,700 January 30 calls for $1.30. While bullish, it's not clear whether the position was initiated or closed because volume was below open interest. FMCN fell 1.21 percent to $21.98.
Horizon Pharma (HZNP): More than 6,800 November 7.50 calls were purchased, mostly for $0.80 and $0.90, as investors look for the shares to push higher. HZNP fell 3.13 percent to $7.73.
Consol Energy (CNX): Some 3,600 July 30 puts were bought for $0.51 to $0.63, but volume was below open interest in the strike. CNX fell 1.48 percent to $30.60.