Largest option buying in equities so far
David Russell | [email protected]
Vodafone (VOD): Volume surged in the July 28 calls and the July 30 calls as an investor closed a bullish call spread. VOD rose 2.40 percent to $29.48.
SandRidge Energy (SD): A block of 9,000 April 5 puts were bought for $0.45. Volume was below open interest, so the investor may have bought back contracts previously sold in hope that the shares would stay above $5. SD rose 0.44 percent to $4.58.
National Bank of Greece (NBG): Almost 24,000 August 1 calls were bought for $0.05 as investors look for the beaten-down European lender to rebound. NBG fell 3.36 percent to $0.70.