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.
HomeAway (AWAY): More than 6,200 October 35 calls were bought, mostly for $1.25, as investors position for upside in the time-share company. AWAY rose 4.53 percent to $31.61.
Morgan Stanley (MS): Some 11,000 January 20 puts were bought, mostly for $1.02, but volume was below open interest at the strike. MS rose 2.25 percent to $24.95.
Qualcomm (QCOM): Some 15,000 August 55 puts were bought for $0.50 and an equal number of August 67.50 calls were sold for $0.31. Known as a collar, the trade cost $0.19 and will profit from downside in the semiconductor company. QCOM rose 1.59 percent to $60.84. (See related story )
Disclosure: I own MS shares.
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