Largest option buying in equities so far

optionMONSTER

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.

Microsoft (MSFT): Some 34,000 July 27 calls were purchased, mostly for $5.70, but volume was below open interest. That suggests an investor closed a short position, and reflects a belief that the software giant is going higher. MSFT fell 1.33 percent to $32.66.

Micron Technology (MU):  A block of 32,000 October 12 calls was purchased for $0.34. The October 9-October 7 put spread was sold barely a minute later, so it appears the investor is looking for higher prices. MU fell 2.02 percent to $9.23.

Marvell Technology (MRVL): More than 7,000 May 11 calls were bought for $0.35 as traders position for a move higher. MRVL rose 1.58 percent to $10.93.


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