HYG

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.

iShares iBoxx High-Yield Corporate Bond Fund (HYG): A block of 10,000 June 93 calls were bought for $1.60 as investors look for junk-bond prices to appreciate. HYG fell 0.08 percent to $94.47.

General Motors (GM): Some 10,000 January 30 calls traded, mostly for $2.54, but volume was below open interest at the strike. GM fell 1.47 percent to $28.77.

Constellation Brands (STZ): Some 20,000 April 47.50 calls were bought for $1.97 and an equal number of April 50 calls were sold for $0.70 as investors position for upside in the beverage stock. STZ rose 0.53 percent to $47.12.

Citigroup (C): Almost 11,000 Weekly 45.50 calls expiring next Friday were bought, mostly for $0.34, as investors brace for a short-term pullback in the financial giant. C fell 0.37 percent to $45.92.

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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