Largest option buying in equities so far
David Russell | firstname.lastname@example.org
CommonWealth (REIT): Some 5,500 May 25 calls were bought, mostly for $0.20, as investors look for upside in the share price. CWH fell 2.52 percent to $21.73.
Facebook (FB): Almost 11,000 May 32 calls were bought for $0.04 and $0.05. Volume was below open interest at the strike, but the contracts stand to generate significant leverage if the stock rallies in the near term. FB rose 3.79 percent to $28.47.
General Motors (GM): More than 4,000 January 25 puts were bought, mostly for $0.86. Volume was below open interest at the strike, so the investor may have bought back contracts they previously sold short. GM rose 4.01 percent to $31.39.