OptionsHouse

Options Trading News

February 12, 2013  Tue 10:30 AM CT

S: SEE CHART GET CHAIN FIND STRATEGIES
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.
Share this article with your friends


Related Stories

S

Traders look for Sprint to hold onto gains

August 18, 2016

The wireless carrier reported bullish quarterly results in July and has rocketed 72 percent in the last three months.

S

Put sale bets Sprint will hold recent gains

August 12, 2016

The wireless-telecom carrier has rocketed 77 percent in the last three months, and one large trade is betting that downside potential will be limited.

S

How traders are hedging their bets in Sprint

August 2, 2016

Today's put activity follows a big rally in the telecom stock.

OptionsHouse

Premium Services

Education & Strategy

Dissecting a big institutional trade

This week's column will study a recent call ratio spread. We're not recommending using this strategy because it has potentially huge risk. But we can learn from this different use of options by a large institutional investor.

View more education articles »