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.
General Motors (GM): Some 30,000 June 35 calls were purchased, mostly for $0.13 to $0.15 as investors position for upside in the auto maker. GM rose 0.79 percent to $27.46.
AngloGold Ashanti (AU): Some 7,035 April 33 calls were bought for $0.05 and about 13,600 June 28 calls were sold for $0.70 to $0.80. Volume was below open interest in the April contracts, indicating that a short position was rolled forward in time and to the lower strike, reflecting a neutral-to-bearish outlook toward the gold miner. AU fell 3.89 percent to $25.69.
JP Morgan (JPM): An investor sold 5,000 May 49 puts for $1.79 and bought an equal number of March 49 puts for $0.75. Known as a calendar spread, the trade generated a credit of $1.04. JPM fell 0.36 percent to $49.27. (See related story)
Options Trading News
Related Stories
GM
What's behind heavy GM put buying
June 14, 2013
A trader bought 10,000 July puts in the largest option trade in the auto maker yesterday, even though the stock rose more than 3 percent.
GM
Largest option buying in equities so far
June 13, 2013
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.
Social Media
Follow optionMONSTER for news and updates
Premium Services
-
Semi-active traders looking for simple calls and spreads (5 per week).
Learn More -
Entry-to-mid level traders looking for full circle trade analysis (1 per week).
Learn More -
Tailored, one-on-one education designed and led by Jon & Pete (3 months and up)
Learn More
Education & Strategy
Why education is key to options
People get into option trading for a number of reasons, but there are three primary motivations: to increase income, to...
