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.
Cisco Systems (CSCO): An investor purchased about 26,000 November 20 calls, mostly for $0.36, looking for upside in the share price. CSCO fell 0.27 percent to $18.85.
Bank of America (BAC): Investors bought 16,000 9.50 weekly calls for $0.09 and $0.10, looking for a short-term bounce in the stock price. BAC fell 0.43 percent to $9.24.
Yahoo (YHOO): More than 6,000 January 15 calls were bought for $1.45 but volume was far below open interest at the strike. YHOO fell 0.87 percent to $15.89.
AT&T (T): A block of 5,000 December 37 puts was bought for $0.83 and an equal number of December 33 puts was sold for $0.17. The put spread cost $0.66 and will generate profit of 506 percent on a drop to $33. T fell 0.82 percent to $37.35.
More From optionMONSTER
- What's behind put action in silver fund
- Trader bets slide is ending for AMD
- Cramer: A wrench in the housing story
- Investment & Company Information