Archive for April 14th, 2010

Option Volume Leaders as of 4:21 PM

Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg VALE Vale SA 2,837,484 98.9% 1.1% $34.55 +0.57 C Citigroup Inc 2,364,042 85.3% 14.7% $4.93 +0.31 BAC Bank of America Corporation New 758,823 71.2% 28.8% $19.4 +0.73 F Ford Motor Company 488,301 80.4% 19.6% $13.35 +0.56 INTC Intel Corporation 418,130 71.7% 28.3% $23.52 +0.75 MSFT Microsoft [...]

April 14, 2010 | 0 Comments More

Polycom Inc (PLCM) $32.31 +5.76%

Polycom (PLCM) saw a late spike to $32.55 and was recently up $1.75 to $32.30 after Bloomberg reported the company is working with Morgan Stanley to explore strategic options. In the options market, 4,430 calls and 560 puts traded. May 30 and 32.5 calls are the most actives. April 32.5 and 35 calls are seeing [...]

April 14, 2010 | 0 Comments More

First Bancorp (FBP) $2.96 -0.34%

A second day of bearish trading in First BanCorp (FBP), the San Juan, PR based bank mentioned yesterday. Open interest in the June 2.5 puts saw an increase of 16.5K contracts following active trading yesterday. At almost 37K, its by far the largest open interest position in the name. Today, shares are down 3 cents [...]

April 14, 2010 | 0 Comments More

Unusual Activity Roundup, Apr 15

Some less actively traded names seeing bullish order flow: Olin Corp. (OLN), Semtech (SMTC), Sigma Designs (SIGM) Bearish order flow: Hanes Brands (HBI), Emulex (ELX), Saks (SKS) Post-Earnings: Intel (INTC), JP Morgan (JPM), CSX Pre-Earnings: Yum Brands (YUM) Ex-div.: VALE

April 14, 2010 | 4 Comments More

Citigroup Inc (C) $4.92 +6.49%

Citi (C) options have seen a day of very heavy trading after JP Morgan (JPM) posted earnings that topped estimates and Citi said it was selling certain hedge fund businesses to Skybridge Capital. Citi is up 27 cents to $4.88 and about 1.8 million calls have traded on the bank (309K puts). April and May [...]

April 14, 2010 | 0 Comments More

Put/Call Ratio Leaders* as of 3:00 PM

Symbol Name Puts Calls RealTime P/C Avg P/C HOS Hornbeck Offshore Services Inc 3,000 6 500.00 0.91 USNA USANA Health Sciences 3,794 48 79.04 1.80 JTX Jackson Hewitt Tax Service Inc 4,439 198 22.42 1.52 ARUN Aruba Networks Inc 3,038 199 15.27 0.97 ARIA Ariad Pharmaceuticals Inc 8,886 594 14.96 1.82 MPW Medical Properties Trust [...]

April 14, 2010 | 0 Comments More

Teradyne Inc (TER) $12.25 +7.17%

Teradyne (TER) is up 80 cents to $12.23 and 17K calls traded on the semiconductor equipment maker Wednesday. May 12.5 calls are seeing the most action. 7340 traded (80% Ask) vs. 2425 in open interest. Looks like opening buyers in October 12.5 calls as well. Shares are higher after Intel’s upbeat earnings helped lift the [...]

April 14, 2010 | 0 Comments More

International Business Machines Corp (IBM) $131.01 +1.53%

IBM is up $2.15 to $131.18 and 69K call options have traded on the computer maker, with some optimistic investors likely taking positions on hopes IBM can follow Intel’s lead and post strong first quarter earnings on April 19. Today’s trades include a block of 25K Jan 150 calls at the 25-cent asking price and [...]

April 14, 2010 | 0 Comments More

Yahoo Inc (YHOO) $18.16 -0.14%

Yahoo (YHOO) is down 8 cents to $18.10 and a July 17 – 19 call spread was sold this morning, 20000X at $1.01. It appears that the July 19 calls were later canceled, leaving 20000X July 17 calls sold at $1.79. Separately, one player bought 12K July 15 puts at 20 cents on AMEX. A [...]

April 14, 2010 | 0 Comments More

Liberty Media Holding Corporation (LINTA) $16.53 +0.92%

Liberty Media (LINTA) is up 19 cents to $16.57 and options volume is 19X the recent average daily, driven by an opening Oct 17.5 straddle seller at $3, 3700X on CBOE. The straddle write is tied to shares at $16.57 (delta = 9) and appears to reflect expectations for a move towards $17.5 by the [...]

April 14, 2010 | 0 Comments More
s2Member®