Archive for April 17th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 1,062,895 61.0% 39.0% $609.7 +29.57 INTC Intel Corporation 360,485 55.7% 44.3% $28.47 +0.07 BAC Bank of America Corporation New 285,123 70.9% 29.1% $8.92 +0.13 MSFT Microsoft Corp 153,569 32.5% 67.5% $31.44 +0.36 C Citigroup Inc New 142,608 69.6% 30.4% $35.08 +1.08 STX Seagate [...]
Qihoo 360 Technology Co Ltd (QIHU) $21.58 +7.15%
Qihoo 360 Technology (QIHU) adds $1.45 to $21.59 and options action is picking up in the Chinese Internet company today. 6,500 calls and 1,900 puts traded on the stock so far. The top trade is a 1500-lot of May 19 calls for $3.50 per contract this morning on ISE. ISEE is reporting an opening customber [...]
Shutterfly Inc (SFLY) $30.30 +3.91%
Shutterfly (SFLY) adds $1.20 to $30.26, but one strategist doesn’t expect the gains to hold, as a May 25 – 30 put spread is bought on the Redwood City, CA social networking company for $1.75, 2000X on ISE. Data from the exchange confirm the spread was bought to open a new position. SFLY is up [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C CEDC Central European Distribution Corp 3,921 1 3921.00 2.27 HBC HSBC Holdings PLC 6,193 132 46.92 1.03 PCYC Pharmacyclics Inc 6,020 175 34.40 2.60 MTL Mechel Open Joint Stock Company 3,262 142 22.97 2.17 SFLY Shutterfly Inc 4,161 227 18.33 1.61 THLD Threshold Pharmaceuticals Inc 5,151 639 [...]
Micron Technology Inc (MU) $7.23 +1.62%
The day after 25,000 Jan14 $10 puts were bought on Micron Technology (MU) for $4 per contract, another 15,000 traded for $3.85 when the market was $3.75 to $3.90. Shares are up 9 cents to $7.20 and today’s put buying, which looks tied to 550K shares for $7.20 and 275K for $7.20, will likely add [...]
iShares FTSE China 25 Index Fund (FXI) $37.57 +1.32%
iShares China Fund (FXI) is up 50 cents to $37.58 and a 16,000-lot of Apr 29 calls trades on the ETF for 4 cents per contract. Hearing this was a buyer and possibly in response to a bullish call on China from a tier 1 firm, but that has not been confirmed. Another 3000-lot traded [...]
Walmart Stores Inc (WMT) $61.72 +1.88%
Walmart (WMT) adds $1.15 to $61.73 and is one of 29 Dow stocks holding gains Tuesday afternoon. J&J is the lone loser within the industrial average today. Morning options trades on the world’s largest retailer include an Apr 60 – May 62.5 call spread at $1.13, 2000X. The spread has traded multiple times today and [...]
Johnson and Johnson (JNJ) $63.89 -0.14%
Johnson & Johnson (JNJ) is down 7 cents to $63.91 and the sole loser within the Dow Jones Industrial Average Tuesday afernoon posting better-than-expected earnings and in-line revenues for the most recent quarter. Options volume on the stock is running 2.5X the daily average and being led by a Jul 67.5 – 70 call spread, [...]
Sara Lee Corp (SLE) $21.63 +0.43%
Sara Lee (SLE) adds 11 cents to $21.65 and an Apr – Jan 20 call spread trades on the food company at 30 cents, 50000X on ISE. The spread was sold to roll a position out 9 months, according to ISEE data. If so, it probably exits some of the positions opened in mid-Jan when [...]
China Call
Hearing BofA is calling a bottom for China’s market and will host a call soon. That’s the reason for the Apr 39 call buyers in FXI today at 2 and 4 cents per contract. I’ll write the order flow up in a bit. I haven’t confirmed this. But hearing it from a trading desk and [...]
