Options Trading News

February 12, 2013  Tue 10:30 AM CT

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.

Sprint Nextel (S): Some 12,000 March 6 calls were bought for $0.05 to $0.09 as traders look for the wireless-communications stock to rally. S rose 1.04 percent to $5.85.

Boston Scientific (BSX): Some 5,040 March 7 puts were bought for $0.07 as investors braced for a pullback in the medical-device company. BSX fell 0.39 percent to $7.60.

Bank of America (BAC): More than 56,000 February 12 calls trade as investors position for upside in the share price. BAC

Cisco Systems (CSCO): Some 10,600 February 20 puts were bought, mostly for $0.15. Volume was below open interest, so the trades may have resulted from existing positions being closed. CSCO fell 1.26 percent to $21.
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