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.
Anadarko Petroleum (APC): A block of 7,300 March 80 calls were bought for $3.25 as an investor positioned for upside in the energy company. APC fell 0.50 percent to $77.61.
Ford Motor (F): Volume surged in the January 14 calls, with investors apparently unloading previous long positions. F rose 2 percent to $13.74.
Nokia (NOK): Investors purchased almost 29,000 April 4.50 puts, mostly for $0.71 and $0.72, looking for the shares to push lower. NOK rose 17 percent to $4.38.
Micron (MU): An investor bought 5,500 contracts each in the January 2014 7 calls and the January 2014 7 puts. Volume was below open interest at each strike, so they may have been closing an existing straddle or opening a new long-volatility position. MU rose 0.41 percent to $7.34.
Intel (INTC): Almost 54,000 January 21 puts were bought for $0.19 to $0.20 as investors position for potential downside in the semiconductor giant. INTC rose 0.68 percent to $21.60.