Archive for May, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 594,117 57.8% 42.2% $577.73 -1.44 FB Facebook Inc 384,773 47.2% 52.8% $29.6 +1.41 BAC Bank of America Corporation New 245,045 72.8% 27.2% $7.35 +0.15 JPM JP Morgan Chase and Co 219,854 55.7% 44.3% $33.15 +0.19 C Citigroup Inc New 120,980 48.9% 51.1% $26.51 [...]
Facebook Inc (FB) $29.60 +5.00%
A late bounce in Facebook shares woke up call buyers that helped set a new record in Facebook options, 385,000 contracts while 96.5million underlying shares changed hands. ATMIV after spiking early to 66%, finished the day at 60%, lowest since the options launched on Tuesday. A good amount of institutional volume today, after the 5000lot [...]
Near Term Weekly Option Straddle Snapshot
Symbol Expiry Strike Straddle Bid Straddle Ask Total Volume Total OI AAPL Jun 1 580 $6.35 $6.64 70,194 11,924 AAPL Jun 1 575 $6.75 $7.10 63,973 10,334 BAC Jun 1 7 $0.35 $0.38 25,072 24,375 AMZN Jun 1 210 $4.26 $4.59 16,091 3,486 X Jun 1 20 $0.67 $0.75 15,816 2,339 GRPN Jun 1 10 [...]
Forest Laboratories Inc (FRX) $35.04 +4.10%
Forest Labs (FRX) is running to session highs in active trading of 3.9 million shares. 8,888 calls and 487 puts traded on the stock. Speculators are active in Aug 33, Jun 35, and June 36 calls on talk activist Carl Icahn is preparing another proxy contest for control of the company (Midnight Trader). Icahn, along [...]
Aetna Inc (AET) $40.96 -0.97%
Aetna (AET) loses 36 cents to $41 and a June – July 43 call spread trades on the stock at $1.11, 10000X. Looks like a roll of a bullish position opened May 22 when more than 10,000 Jun 43 calls traded, including an 8,160-lot for 63 cents per contract. Shares are not much changed since [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C WTW Weight Watchers 3,301 27 122.26 1.86 NDAQ NASDAQ OMX Group Inc 2,607 61 42.74 1.60 SNE Sony Corporation 4,186 103 40.64 1.27 CHRW CH Robinson Worldwide Inc 3,581 146 24.53 1.74 WPI Watson Pharmaceutical 7,384 318 23.22 0.41 RIO Rio Tinto Plc 17,334 752 23.05 0.65 [...]
AT&T (T) $34.29 +1.33%
AT&T (T) has added 45 cents to $34.28 and is one of 21 Dow stocks helping the industrial average to a modest 5-point gain. Shares are moving to new 52-week highs after a 13.4 percent year-to-date advance. An investor might be looking to hedge recent gains with a spread, as 12,500 Aug 32 puts were [...]
Industrial Select Sector (XLI) $34.68 -0.34%
SPDR Industrials (XLI) are off 10 cents to $34.70 and set to finish May with a month-to-date loss of 6.3 percent. One player in the options market seems to be anticipating adidional weakness and bought 44,500 Sep 29 puts on the ETF today for 67 cents per contract. It’s opening. Delta = -.15 and notional [...]
iPath Dow Jones UBS Copper Subindex Total Return E (JJC) $42.80 -0.63%
iPath DJ UBS Copper Subindex Fund (JJC), which represents an unleveraged futures position in the physical commmodity, is off 27 cents to $42.80 and one player initiates a three-way spread in JJC, apparently selling 1,000 Jul 45 calls at 80 cents to buy a Jul 38 – 43 put spread for $2.30. The position looks [...]
Goodyear Tire and Rubber Company (GT) $10.24 -1.06%
A large bullish risk reversal in Goodyear Tire has option volume running 6x normal today as shares trade down 1.15% near 10.23, the low end of their 52wk range of 9.37 (Oct) to 17.89 (July). Trading as a QCC (clean cross) on the PHLX, the initiator bought 6000 July 11 calls and sold 6000 July [...]
