Markets

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.

Hecla Mining (HL): More than 50,000 January 6 calls were bought for $0.49 to $0.72 as investors look for upside. HL rose 4.52 percent to $6.25.

Bank of America (BAC): More than 27,000 December 6 calls were bought, mostly for $0.17, as investors look for higher share prices. BAC rose 1.04 percent to $5.85.

Eli Lilly (LLY): More than 8,000 January 30 puts were bought for $0.09 and $0.10, but volume was below open interest. LLY rose 3.56 percent to $38.74.

Commercial Metals (CMC): An investor bought more than 5,000 contracts each in the January 12 puts and the January 14 calls, looking for the stock to make a sudden move higher or lower. CMC rose 0.57 percent to $14.17.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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