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.
McGraw Hill Financial (MHFI): An investor bought 3,977 May 77.50 calls for $1.76 and sold an equal number of May 82.50 calls for $0.39. Known as a call spread, the trade cost $1.37 and will earn a profit of 265 percent if the shares close at $82.50 or higher on expiration. MHFI rose 1.33 percent to $75.52.
Ocwen Financial (OCN): Some 6,000 April 35 puts were sold for $0.55 as investors look for the loan servicer to hold its ground. OCN rose 0.68 percent to $38.54.
InterPublic (IPG): some 7,600 May 18 calls were bought, mostly for $0.35, as investors look for upside in the advertising firm. IPG rose 2.33 percent to $17.14.
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