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.
Oracle (ORCL): Some 11,000 June 35 calls were bought for $0.36 as investors look for the software stock to rebound from yesterday's selloff. ORCL fell 1.24 percent to $31.90.
Eldorado Gold (EGO): About 35,000 July 10 calls were bought, mostly for $0.75 to $0.85, as investors look for the gold miner to rally. EGO rose 0.62 percent to $9.72.
Intel (INTC): Some 35,000 April 21 puts were bought, mostly for $0.44, as investors brace for downside in the chip maker. INTC rose 0.86 percent to $21.22.
Sprint Nextel (:S): A block of 9,400 May 6 puts were bought for $0.20, but volume was below open interest at the strike. S rose 2.33 percent to $6.20.
Disclosure: I own INTC shares.
More From optionMONSTER