Markets

Largest option trades in equities

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.

Walter Investment Management (WAC): More than 3,800 June 32 calls were purchased, mostly for $1, as investors look for the beaten-down mortgage-servicing stock to rally. WAC rose 2.51 percent to $30.08.

Western Digital (WDC): Am investor bought 4,565 June 80 puts for $1.70 and sold an equal number of June 75 puts for $0.57. Known as a bearish put spread, the trade cost $1.13 and will earn profit of 342 percent if the hard-drive maker closes at $75 or lower in expiration. WDC rose 0.50 percent to $82.36.

IMAX (IMAX): More than 4,000 June 27 calls were purchased for $0.55 as investors look for upside in the movie-technology stock. IMAX rose 2.07 percent to $26.09.

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.

Other Topics

Options

Latest Markets Videos