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.

Intel (INTC): An investor bought 43,000 August 28 calls for $0.47, looking for upside in the semiconductor stock. It was the largest single block to trade so far today. INTC rose 1.94 percent to $26.24. (See related story )

Facebook (FB): More than 3,000 July 32 puts were bought for $3.70 as investors look for the social-networking stock to push lower. Today is the company's first day of option trading. FB declined 5.42 percent to $30.18. (See related story )

Oracle (ORCL): More than 10,000 June 27 calls for $0.49 to $0.56, positioning for the shares to move higher. ORCL rose 2.01 percent to $26.67. (See related story )

Gap (GPS): More than 6,300 June 28 calls were bought for about $0.53 and an equal number of July 31 calls were sold for $0.19. Known as a diagonal spread, the strategy will leverage a move to $31. GPS rose 0.92 percent to $27.41.

United Rentals (URI): An even 5,000 June 30 puts were bought for $0.50, but volume was below open interest in the strike. URI rose 3.11 percent to $37.80.

More From optionMONSTER

View Comments (0)