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.
Bank of America (BAC): More than 23,000 June 9 calls were bought as investors look for the stock to rebound. BAC rose 0.13 percent to $7.71
Morgan Stanley (MS): Some 11,000 June 17 calls were bought for $0.25 as investors position for the shares to push higher. MS fell 3.72 percent to $15.02.
JP Morgan (JPM): Volume is heavy across the board as the banking giant pushes lower. The June 35 puts are the busiest option contract, trading more than 28,000 times. Purchases accounted for most of the activity, and the largest block priced for $0.95. JPM fell 7.36 percent to $37.73.
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