Largest option buying in equities so far
David Russell | email@example.com
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.
Microsoft (MSFT): Some 10,000 October 32 calls were purchased for $0.39 to $0.43 as investors position for upside in the share price. MSFT rose 0.60 percent to $30.98.
Bank of America (BAC): More than 21,000 September 10 calls traded for $0.02 and $0.03, with contracts purchased and sold against previous open interest. BAC fell 0.83 percent to $8.96.
AT&T (T): More than 13,000 September 38 puts were bought for $0.36 to $0.40 as traders look for the telecom giant to decline. T rose 0.77 percent to $37.91.
Short-term bulls target Microsoft
November 18, 2014
The software giant has beaten earnings and revenue estimates for the last six quarterly reports, and traders are looking for shares to pop this week.
Huge bearish play hits Microsoft
November 7, 2014
The software giant has run up from support and recent lows in the last three weeks, but its option activity was dominated by a huge put trade yesterday.