Largest option buying in equities so far
David Russell | email@example.com
Citigroup (C): Investors snapped up more than 13,000 July 27 calls, mostly for $0.25 and $0.26, looking for upside in the share price. C rose 0.04 percent to $27.11.
Bank of America (BAC): Almost 22,000 January 15 puts were bought for about $7.50. Volume was below open interest, so it may result from an investor unwinding an unprofitable put sale. BAC rose 0.13 percent to $7.54.
eBay (EBAY): About 8,300 August 45 calls were bought for $0.86 to $1 as investors looked for upside in the share price. The July 42 calls have also been purchased but volume is below open interest in that strike. EBAY rose 8.63 percent to $43.95.
Microsoft (MSFT): Some 21,000 July 32 calls traded for $0.05 to $0.07, but volume was below open interest in the strike. MSFT rose 0.79 percent to $30.69.
Dish Network (DISH): A block of 9,000 September 26 puts were bought for $0.65 as investors position for downside in the shares. DISH rose 2.76 percent to $29.64.