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.
Williams (WMB): Volume surged in the January 45 calls and the
January 50 calls as an investor apparently closed a winning
position at the lower strike and rolled it higher. He or she
collected a credit of $0.54 in the process and remains exposed to
further gains in the pipeline stock. WMB fell 0.57 percent to
Barrick Gold (ABX): Some 10,000 January 2015 25 calls were bought
for $2.17 and an equal number of January 2015 35 calls were bought
for $0.85. The trader was either opening a new bullish call spread
or closing a previous call credit spread. Either way, the trade
reflects a belief the stock will rebound above $25 over the long
run. ABX fell 3.31 percent to $19.27.
Trina Solar (TSL): Some 15,000 June 5 puts were bought for $0.06 to
$0.11. Volume was below open interest at the strike, so the
investor was probably closing a short position profitably after the
stock rallied. TSL rose 10 percent to $7.49.