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Options Trading News

April 9, 2012  Mon 10:21 AM CT

CSCO: SEE CHART GET CHAIN FIND STRATEGIES
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.

Cisco Systems (CSCO): Investors sold about 10,000 June 21 calls, betting that further upside will be limited in the name. CSCO fell 1.19 percent to $19.98.

Bank of America (BAC): More than 21,000 April 9 calls were bought, most of which priced for $0.18, as investors look for upside in the stock. Volume is more than 10 times open interest in the strike. BAC fell 3.68 percent to $8.89.

Research in Motion (RIMM): More than 10,000 April 11 puts were bought for $0.07 to $0.10, but volume was below open interest in the strike. RIMM is up 2.03 percent to $12.93.


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