Largest option buying in equities so far
David Russell | david.russell@optionmonster.com
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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.
Facebook (FB): Investors purchased about 20,000 39 calls expiring next Friday for $0.08, placing inexpensive bets that the social-media stock will rally in the near term. FB rose 0.46 percent to $31.22.
ConocoPhillips (COP): More than 26,000 March 62.50 calls were purchased, mostly for $0.30, as investors position for continued upside in the energy company. COP rose 0.23 percent to $60.55.
KeyCorp (KEY): An investor sold about 37,000 March 7 puts and bought an equal number of March 8 calls, but volume was below open interest in both. That suggests a protective collar trade was closed. KEY fell 0.65 percent to $9.18.
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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.