Largest option buying in equities so far
David Russell | firstname.lastname@example.org
JP Morgan (JPM): About 10,000 July 35 calls traded, mostly for $1.96, as investors look for upside in the share price. JPM rose 2.37 percent to $36.35.
Facebook (FB): More than 14,000 January 2014 25 puts were bought for $4.70 as traders seek protection against a decline over the long term. FB rose 3.23 percent to $32.87.
Bank of America (BAC): More than 15,000 July calls were purchased, most of which priced for $0.34. While bullish, volume was below open interest in the strike. BAC rose 0.77 percent to $7.88.