Largest option buying in equities so far
David Russell | email@example.com
Terex (TEX): More than 9,000 April 25 calls were bought, mostly for $0.40 to $0.55, as investors look for a quick rally into the end of the week. TEX rose 3.36 percent to $24.30.
Yahoo (YHOO): An investor bought 6,000 July 16 calls for $0.77. He or she also sold 6,000 contracts each in the July 15 puts for $0.75 and the July 18 calls for $0.22, resulting in a bullish three-way position that will profit from upside in the share price. YHOO rose 3.10 percent to $15.47.
Best Buy (BBY): More than 8,000 January 15 puts were bought for about $0.88 as investors look for continued downside in the stock. BBY rose 0.36 percent to $22.
Intel (INTC): More than 24,000 April 28 calls traded, but volume was below open interest. INTC fell 2.31 percent to $27.81.