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.
Bank of America (BAC): Investors bought about 13,000 August 6 calls for $0.62 to $0.64, looking for upside in the shares. BAC fell 3.08 percent to $5.04.
Home Depot (HD): An investor sold more than 21,000 January 39 puts for $0.53 and bought an equal number of January 30 puts for $0.10, apparently rolling a short position to the higher strike. The trade reflects a belief that downside will be minimal over the next five weeks. HD rose 0.20 percent to $40.50. (See related story )
Research In Motion (RIMM): Almost 7,000 March 17.50 calls were bought for $0.65, but volume was below open interest in the strike. RIMM fell 2.53 percent to $13.10.
Cisco Systems (CSCO): About 7,000 February 18 puts were bought for $1.09 to $1.10 as an investor positioned for the shares to head lower. CSCO fell 0.72 percent to $17.81.
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