Largest option buying in equities so far
David Russell | [email protected]
Constellation Brands (STZ): Volume surged in the April 40 calls and the April 45 calls as an investor looked for the high-flying beverage stock to keep running. STZ rose 0.42 percent to $43.43.
Expeditors International of Washington (EXPD): Some 10,000 May 42.50 calls were purchased for $0.75 as investors look for the shipping stock to rally. EXPD rose 0.10 percent to $39.13. (See related story)
Bank of America (BAC): Some 60,000 March 12 calls were bought, mostly for $0.28 to $0.37, as investors position for further upside. BAC rose 2.18 percent to $12.19.