Largest option buying in equities so far
David Russell | [email protected]
General Electric (GE): Traders bought 11,400 September 25 calls, mostly for $0.48, but volume was below open interest at the strike. GE fell 0.45 percent to $24.22.
Bank of America (BAC): Almost 14,000 June 13 puts were bought for $0.05 to $0.07 as investors brace for near-term downside in the financial giant. BAC fell 0.23 percent to $13.24.
Activision Blizzard (ATVI): Some 10,800 January 23 calls were bought for $0.08 and an equal number of January 18 calls were sold for $0.40. Volume was below open interest, indicating that an existing bullish call spread was unwound. ATVI fell 1.62 percent to $14.35.