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.
Big show of support for Microsoft
October 21, 2014
The software giant reports earnings on Thursday, and traders are looking for shares to hold firm through mid-November.
Huge show of support for Microsoft
October 16, 2014
The software giant fell below its 50- and 100-day moving averages in the last week as the broader market sold off, but it is now at a level where it bounced in early August.