Largest option buying in equities so far
David Russell | [email protected]
Sprint Nextel (S): Almost 20,000 January 10 calls were purchased for $0.08 to $0.10 as investors position for upside in the wireless-communications stock. S rose 2.79 percent to $7.38.
Take-Two Interactive (TTWO): Buyers piled in to the July 19 calls and the June 18 calls for $0.25, looking for a summer-time rally from the video-game developer. TTWO rose 3.51 percent to $17.12.
Groupon (GRPN): Some 10,000 June 5 puts were bought for $0.03 as investors brace for a pullback in the shares. GRPN rose 1.26 percent to $7.24.