Largest option buying in equities so far
David Russell | firstname.lastname@example.org
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.
JP Morgan (JPM): Almost 12,000 February 46 calls traded, mostly for $0.86 to $1.20, as investors positioned for upside in the bank. JPM rose 0.52 percent to $46.59.
Focus Media (FMCN): Some 9,000 January 26 calls were purchased for $0.10 as investors look for upside in the share price. FMCN rose 0.42 percent to $25.84.
Dell (DELL): Almost 12,000 August 14 calls were bought for $0.34 as investors look for the computer maker to keep climbing. DELL declined 3.99 percent to $12.65.
ARM Holdings (ARMH): An investor sold 9,467 January 41 puts for $0.80 and rolled the position to the February 38 puts, paying a net $0.10 and gaining an additional month of downside protection. ARMH rose 0.12 percent to $40.58.
Bulls target JPMorgan for second day
January 27, 2016
The bank is down 14 percent in the last month despite reporting bullish results on Jan. 14, but traders are buying calls in the name for the second session in a row.
Calls are banking on pop in JP Morgan
January 26, 2016
The financial giant reported bullish results on Jan. 14 but pulled back with concerns about the sector and weakness in the broader market.
JP Morgan draws bullish earnings play
January 12, 2016
The bank reported bearish results on Oct. 13 and is scheduled to announce its next earnings numbers in the pre-market hours on Thursday.