Archive for April 12th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg BAC Bank of America Corporation New 761,053 70.1% 29.9% $9.17 +0.31 AAPL Apple Inc 751,405 60.4% 39.6% $622.77 -3.43 GOOG Google Inc 341,562 59.3% 40.7% $651.01 +15.05 FCX Freeport McMoran Copper and Gold Inc 225,294 39.9% 60.1% $37.89 +2.11 AA Alcoa Inc 196,932 86.8% 13.2% $10.17 [...]
Near Term Weekly Option Straddle Snapshot
Symbol Expiry Strike Straddle Bid Straddle Ask Total Volume Total OI BAC Apr 13 9 $0.22 $0.24 236,915 145,989 AAPL Apr 13 625 $7.26 $7.55 66,331 16,773 AAPL Apr 13 620 $7.40 $7.75 62,903 14,986 C Apr 13 34 $0.88 $0.93 20,525 8,018 HPQ Apr 13 25 $0.35 $0.40 19,964 405 BIDU Apr 13 150 [...]
3D Systems Corporation (DDD) $24.46 +5.89%
3D Systems (DDD) adds $1.38 to $24.48 and options volume on the stock is running 6.5X the daily average, with 6,500 calls and 2,500 puts traded on the Rock Hill, SC application software company so far. August 30 calls are the most actives. 2,800 traded and the flow has been in smaller lots, including a [...]
SPDR S&P 500 (SPY) $138.72 +1.26%
Big Print in the SPYders (SPY) might reflect skepticism that the two-day rally will hold, as a May 123 – 128 – 133 put butterfly spread trades on the ETF for 33 cents, 27000X on AMEX. If bought-to-open, the fly would offer its best payoff if SPY falls to $128 through the May expiration, which [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C ORIG Ocean Rig UDW Inc 2,536 18 140.89 8.75 KMX CarMax Group 4,051 121 33.48 0.66 ONXX Onyx Pharmaceuticals Inc 9,657 360 26.82 0.75 CYH Community Health 4,261 161 26.47 1.90 SLM SLM Corporation 3,308 156 21.21 0.74 NFX Newfield Exploration Co 20,205 953 21.20 1.77 CECO [...]
Illumina Inc (ILMN) $49.67 -5.52%
Near record volumes in Illumina options today as shares sink more than 5% to 49.77 despite the strong broad market rally that has SPX up 1.2%. TheDeal.com ran a piece suggesting that Roche is unlikely to up it’s $51 hostile bid for the firm. Option traders may believe otherwise, as most of today’s flow in [...]
MIPS Technologies Inc (MIPS) $6.33 +21.50%
MIPS Technologies (MIPS) sees a spike to $6.35 and is up 93 cents to $6.14 on heavy volume of 3.3 million shares on reports the Sunnyvale, CA memory chip-maker has hired Goldman to find a buyer. Options action is heating up as well. 3,885 calls and 715 puts so far. Apr 6 calls, which are [...]
PowerShares QQQ Trust Series 1 (QQQ) $67.08 +0.94%
QQQ adds 57 cents to $67.03 and a May 60 – 63 – 66 put butterfly spread is bought on the ETF for 36 cents, 20000X. 40,000 May 63 puts were sold at 53 cents per contract for the body of the fly and the position seems to be targeting a move to $63 through [...]
Check Point Software Technologies Inc (CHKP) $62.43 -0.05%
Checkpoint Software (CHKP) sees relative weakness and increasing put volume today. Shares are down 8 cents to $62.38 on lackluster volume of 570,000. Meanwhile, options volume is running 4X the daily average and put volume is outpacing call activity by a margin of 10-to-one. 567 calls and 5,688 puts traded on the software-maker so far. [...]
Arena Pharmaceuticals Inc (ARNA) $2.88 -3.83%
Arena Pharmaceuticals (ARNA) loses a dime to $2.90 and a May 3.5 – 5 call spread is bought on the stock for 37.5 cents, 13500X, and is possibly a roll down in strikes after the two-week 11.3 percent slide in shares. ARNA surged 97 percent over the course of seven days and hit a 52-week [...]
