Largest option buying in equities so far
David Russell | david.russell@optionmonster.com
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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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