Largest option buying in equities so far
David Russell | [email protected]
Hertz Global (HTZ): More than 9,000 January 17.50 calls were purchased for $0.25 to $0.35 as investors look for the car-rental stock to rally. HTZ is unchanged at 17.34.
Facebook (FB): A block of 17,626 February 28 calls was bought for $3.05 as an investor looks for upside in the social-networking name. FB rose 2.12 percent to $29.37.
Cheniere Energy (LNG): An investor bought 6,000 February 18 puts for $0.32 and sold an equal number of February 22 calls for $0.37. Known as a collar, the trade resulted in a credit of $0.05 and will protect him or her against a push to the downside. LNG is down 0.51 percent to $20.04.