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.
Suncor Energy (SU): More than 17,500 May 32 calls were bought for $0.10 and $0.11 as investors look for upside in the share price. SU fell 1.04 percent to $28.61.
Verizon Communications (VZ): A block of 5,357 April calls was bought for $3.25 and an equal number of May 48 calls was sold for $1.50. Volume was below open interest at the lower strike, indicating an existing short position was rolled forward in time. VZ rose 0.10 percent to $49.35.
J.C. Penney (JCP): Some 36,000 May 12 puts were bought, mostly for $0.30, as traders brace for downside in the department-store operator. JCP rose 6.70 percent to $ 16.09.
More From optionMONSTER
- Investment & Company Information
- Verizon Communications