Largest option buying in equities
David Russell | [email protected]
Qualcomm (QCOM): A block of 43,000 September 67.50 calls was purchased for $0.43 as investors position for upside in the semiconductor stock before earnings are released this afternoon. QCOM fell 0.50 percent to $61.99.
Dollar General (DG): Some 6,900 November 55 calls were purchased for $3.10 as investors look for the discount retailer to rally into the autumn. DG rose 0.45 percent to $54.06.
Micron (MU): Some 5,400 January 15 calls were purchased, most of which priced for $1.37, as investors continue to position for upside in the memory-chip maker. MU fell 1.58 percent to $13.43.
Saks (SKS): More than 5,000 August 13 puts were bought, mostly for $0.15, but volume was below open interest at the strike. SKS fell 0.07 percent to $15.35.