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Options Trading News

November 2, 2012  Fri 10:27 AM CT

BAC: SEE CHART GET CHAIN FIND STRATEGIES
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): Investors purchased about 195,000 January 10 calls for $0.55 to $0.61, looking for the financial giant to keep climbing. BAC rose 1.13 percent to $9.85.

Cisco Systems (CSCO): More than 25,000 November 18 calls were bought and sold, but volume was below open interest at the strike. CSCO fell 0.20 percent to $17.47.

Facebook (FB): More than 16,000 weekly 21.50 calls expiring today were purchased, mostly for $0.10, as investors look for a rally into the close. FB rose 0.94 percent to $21.41.

BP (BP): An investor bought 5,700 January 2014 40 calls for $5.15 and 5,700 January 2014 35 puts for $2.82, looking for volatility to increase in coming months. BP fell 0.53 percent to $42.79.


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