Largest option buying in equities so far
David Russell | [email protected]
Micron Technology (MU): Almost 12,000 January 15 calls were purchased, most of which priced for $1.05, as investors continue to seek upside in the memory-chip maker. MU rose 0.56 percent to $12.54.
Cisco Systems (CSCO): Almost 11,000 October 27 calls were purchased, mostly for $0.60 to $0.68, as investors look for upside in the share price. CSCO rose 2.45 percent to $25.95.
Tiffany (TIF): Some 9,000 November 67.50 puts were bought, mostly for $1.11 as investors brace for downside in the shares. TIF rose 0.94 percent to $79.39.