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.

Iamgold (IAG): more than 4,000 May 8 calls were bought, mostly for $0.25, as investors position for upside in the share price. IAG rose 3.25 percent to $7.48.

Dendron (DNDN): An investor sold 3,169 August 4 puts for $0.46 and bought an equal number of August 6 calls for $0.44, hoping for a rally in the share price. DNDN fell 2.66 percent to $4.76.

Bristol Muyers Squibb (BMY): More than 5,500 June 40 puts were bought, mostly for $1.20, as traders brace for downside in the share price. BMY fell 0.79 percent to $40.07.

Best Buy (:BBY): Almost 7,500 June 15 puts were bought, with the largest block pricing for $0.30. Volume was below open interest at the strike, but it reflects concern that the shares will decline into the summer. BBY rose 2.06 percent to $23.25.

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