Largest option buying in equities

David Russell (david.russell@optionmonster.com)

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.

American International Group (AIG): More than 40,000 November 47 calls were bought in the insurance giant as investors continue to look for upside in the share price. AIG rose 1.99 percent to $48.

Dell (DELL): Almost 21,000 September 14 calls were bought for $0.04 and $0.05. Volume was below open interest, so they're probably closing existing short positions after the computer maker accepted a buyout at $13.75 a share. DELL rose 5.33 percent to $13.65.

Viacom (VIAB): More than 7,000 August 80 calls were purchased, mostly for $0.95, as investors look for the media stock to continue its blistering rally. VIAB is up 5.81 percent to $78.68 after the company doubled its share buyback program.

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