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Largest option buying in equities so far

David Russell (david.russell@optionmonster.com)

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.

Oracle (ORCL): Some 11,000 June 35 calls were bought for $0.36 as investors look for the software stock to rebound from yesterday's selloff. ORCL fell 1.24 percent to $31.90.

Eldorado Gold (EGO): About 35,000 July 10 calls were bought, mostly for $0.75 to $0.85, as investors look for the gold miner to rally. EGO rose 0.62 percent to $9.72.

Intel (INTC): Some 35,000 April 21 puts were bought, mostly for $0.44, as investors brace for downside in the chip maker. INTC rose 0.86 percent to $21.22.

Sprint Nextel (:S): A block of 9,400 May 6 puts were bought for $0.20, but volume was below open interest at the strike. S rose 2.33 percent to $6.20.

Disclosure: I own INTC shares.

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