Largest option buying in equities so far
David Russell | firstname.lastname@example.org
Talisman Energy (TLM): Some 10,500 July 15 calls were traded for $0.40 and $0.45 as investors position for upside in the Canadian oil stock. TLM rose 0.32 percent to $12.63.
Bank of America (BAC): About 8,800 March 12 calls were bought for $0.35 to $0.45 but volume was far below open interest at the strike. BAC rose 0.34 percent to $11.92.
Genworth Financial (GNW): Some 10,696 June 4 puts were bought for $0.05 and an equal number of June 8 calls were sold for $1.39. The trade was probably the work of an investor looking to protect gains in the stock. GNW fell 2.94 percent to $8.90.