Largest option buying in equities so far

RELATED QUOTES

SymbolPriceChange
IAG5.08-0.06
UUP22.71-0.03
BAC13.240.03

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.

Iamgold (IAG): An investor purchased 25,000 January 2014 30 calls for $0.95 while selling a large block of shares. That makes them directionally neutral on the stock, and positions them to benefit from volatility increasing. IAG fell 0.63 percent to $15.69.

PowerShares DB U.S. Dollar Index (UUP): Investors purchased about 33,000 October 22 calls for $0.11 to $0.14, looking for the U.S. greenback to strengthen. UUP fell 0.01 percent to $21.64.

Bank of America (BAC): More than 6,000 January 7.50 puts were bought for $0.21 but volume was far below open interest at the strike. BAC rose 1.78 percent to $9.38.

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