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.
Phillips 66 (PSX): An investor bought 10,000 May 67.50 calls for $0.25 and sold an equal number of May 70 calls for $0.05. The call spread cost $0.20 and could earn 1,150 percent on a move back to $70. PSX fell 1.57 percent to $60.83.
Sprint Nextel (S): Almost 11,000 August 7 calls were bought for $0.42 but volume was far below open interest at the strike. S fell 1.33 percent to $7.03.
Comcast (CMCSA): An investor bought 5,000 January 35 puts of $1.07 and 5,000 January 45 calls for $1.43, looking for volatility to increase in the media stock. CMCSA fell 0.33 percent to $41.36.
More From optionMONSTER
- Investment & Company Information