Largest option buying in equities so far
David Russell | [email protected]
Las Vegas Sands (LVS): Almost 22,000 May 52.50 calls were bought, mostly for $1.98 to $2.05, as investors look for the casino stock to rally. LVS rose 1.79 percent to $49.98.
American International Group (AIG): Some 14,000 March 41 calls were bought and sold after the insurance giant reported earnings, but volume was below open interest at the strike. AIG rose 2.55 percent to $38.23.
Ford Motor (F): A block of 7,500 March 14 puts was sold for $1.63 and 15,000 March 13 puts were bought for $0.72. Volume was below open interest in both, indicating that an existing bearish ratio spread was closed. The investor may be worried about further downside in the automaker will decline. F rose 0.08 percent to $12.40.