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.
Accenture (ACN): Some 4,500 January 82.50 calls were bought for $0.45 and a similar number of January 2015 85 calls were sold for $2.75. Volume was below open interest in the 82.50s, indicating that the investor owns shares and is rolling a covered-call position out in time and up in price. ACN rose 0.51 percent to $73.25.
Encana (ECA): More than 3,100 November 17 calls were purchased, mostly for $1.20, as investors look for upside in the Canadian energy producer. ECA is unchanged at $17.88
Kodiak Oil & Gas (KOG): An investor bought more than 6,000 November 14 calls, most of which priced for $0.68, and sold a similar number of November 13 call, mostly for $1.13. Volume was below open interest at the lower strike, indicating that long position was closed and rolled to the higher strike. KOG rose 1.97 percent to $13.77.
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