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.

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.

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