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.
Wells Fargo (WFC): An investor sold 4,590 January 22.50 calls for $11.90 against open interest and bought an equal number of January 2015 25 calls for $10.20, rolling a bullish long position forward in time. WFC fell 0.46 percent to $34.26.
Ford Motor (F): Some 12,000 weekly 13 calls expiring on Jan. 4 were purchased for $0.18 and $0.20 as investors look for the auto maker to keep climbing in the near term. F rose 0.40 percent to $12.45.
Bank of America (BAC): Some 10,000 11.50 calls expiring this week traded for $ but volume was below open interest at the strike. BAC rose 1.33 percent to $11.40.
Nokia (NOK): Volume surged in the January 3.50 puts and the February 3.50 puts as an existing short position was rolled forward in time. The trade reflects a belief that the shares have limited downside. NOK fell 1.25 percent to $3.95.
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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.