Archive for June 14th, 2011
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg SPWRB SunPower Corporation 855,091 97.2% 2.8% $20.57 -0.42 BAC Bank of America Corporation New 363,873 63.9% 36.1% $10.8 -0.17 SPWRA SunPower Corporation 331,458 86.0% 14.0% $20.67 -0.60 CSCO Cisco Systems Inc 257,023 71.2% 28.8% $15.08 +0.02 AAPL Apple Inc 235,019 58.3% 41.7% $332.44 +5.84 JCP J [...]
Safeway Inc (SWY) $22.21 +0.09%
Safeway (SWY) adds 2 pennies to $22.21 and afternoon trades in the grocery chain includes a multi-exchange-sweep of 4,200 Jun 22 puts at the 20 cent asking price. The contract is near-the-money heading into this week’s expiration and has open interest of 1,978. Looks like opening put buying, possibly a play on Kroger’s earnings, due [...]
United Rentals (URI) $24.10 +7.11%
United Rentals (URI) adds $1.67 to $24.17 and attempting to rebound after falling 35.3 percent from the 52-week high set on April 5. One strategist seems skeptical that the gains can hold and bought 2,500 Dec 22 puts at an average of $2.425 per contract. There’s no open interest and so this is a new [...]
China Medical Technologies (CMED) $8.04 +11.36%
Out of 3647 listed products, 2742 (75%) are trading with 30day at-the-money Implied Volatilities lower on the day. Among liquid products, the largest descreases include CMED (124.6% IV -25.2), HOGS (96.7% IV -19.8), BBY (28.6% IV -15.4), HOLI (131.4% IV -13.6) and RENN (128.9% IV -11.2). Broad market benchmark SP500 index 30day ATM IV is [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C GTE Gran Tierra Energy Inc 4,500 10 450.00 1.22 CLWR Clearwire Corporation 15,300 155 98.71 3.00 STLD Steel Dynamics Inc 3,633 140 25.95 0.49 MTG MGIC Investment Corp 6,595 260 25.37 1.71 MTL Mechel Open Joint Stock Company 5,720 280 20.43 0.83 PCYC Pharmacyclics Inc 15,211 871 [...]
FactSet Research Systems Inc (FDS) $99.13 -4.95%
FactSet Research (FDS) loses $5.11 to $99.18 after the Norwalk, CT provider of economic and financial information posted third quarter estimates that matched Street estimates and also offered in-line guidance for the fourth quarter. Options volume, which is typically about 100 contracts through mdday, is 1,225 puts and 230 calls. Jun 100 puts are now [...]
NXP Semiconductors NV (NXPI) $25.30 +4.85%
NXP Semiconductors (NXPI) trades up $1.21 to $25.34 and one investor buys 1500 July 25 calls at $1.50 each. A separate block of 2,000 traded at $1.70. Volume is now 3,500. Today’s buying of NXPI July 25 calls might add to positions opened Thursday when more than 2,600 traded (96 percent Ask). Open interest is [...]
Skechers USA (SKX) $14.08 +0.86%
Skechers (SKX) adds 17 cents to $14.13 and recent options trades include a multi-exchange sweep of 3,771 Jun 14 calls at 35 cents when the market was 25 to 35 cents. 5,491 traded vs. 221 in open interest. Footwear names are in focus this week after VFC made a $2.2 billion bid for Timberland. The [...]
Community Health (CYH) $26.45 +2.68%
Community Health (CYH) adds 69 cents to $26.45 and one strategist trades the Jun 25 – 29 bullish risk-reversal and the July 22 – 25 bearish risk-reversal, collecting $2.10 for the four-way, 3700X. Looks like a roll of a bearish combo from June to July, down in strikes, and has traded 7500X. CYH shares are [...]
J C Penney Company Inc (JCP) $35.39 +17.54%
JC Penney (JCP) jumps $5.30 to $35.41 and options on the retailer are seeing brisk trading today after the company confirmed that it has hired Ron Johnson as CEO, effective 11/1. Johnson is a former Senior VP for retail strategy at Apple (AAPL). Investors cheered the news and options volume in JCP includes 85K calls/55K [...]
