Largest option trades in equities so far
David Russell | firstname.lastname@example.org
Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
Microsoft (MSFT): More than 26,000 September 33 calls were bought, mostly for $0.61 to $0.85, as investors look for the software giant to keep rallying. It also had bullish call buying yesterday. MSFT rose 2.74 percent to $32.94.
Micron Technology (MU): More than 10,000 August 4 calls traded, mostly for $0.33, as investors continue to seek upside in the memory-chip maker. MU fell 0.54 percent to $13.74.
Cheniere Energy (LNG): Some 5,000 January 21 puts were bought for $0.64 and an equal number of September 22 puts were sold for $0.19 as a protective position was rolled out in time and down in price. LNG rose 0.67 percent to $28.44.
Microsoft has bulls hoping for more
March 25, 2014
The software giant has been resilient despite the Nasdaq falling in the last week.
Cramer: These moves are insane
March 21, 2014
Microsoft trades as it if is about to break up. AT&T's roaring as if it is about to do the same. JP Morgan's above $60 even though it was way lower when rates were at these levels before.
Short-term cap seen in Microsoft
March 18, 2014
The software giant reached its highest level in 14 years today, but one large trader apparently believes that further gains will be limited in the near term.