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.
FTI Consulting (FCN): An investor sold about 3,100 June 28 puts for $0.45 against open interest and bought 2,800 September 28 puts for $1.75. He or she apparently rolled a downside position forward in time, gaining an additional three months for the stock to decline. FCN fell 2.79 percent to $30.26.
Popular (BPOP): An investor sold 2,400 May 30 puts for $0.34, looking for the Puerto Rican lender to hold its ground. BPOP rose 0.13 percent to $31.04.
Sprint (S): An investor sold 10,000 of the May 9 calls expiring May 16 for $0.19 and bought 20,000 weekly 9 calls expiring May 9 for $0.12. They rolled a position closer in time and doubled its size, looking for a big rally in the near term. S fell 1.37 percent to $8.61.
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