Archive for May 4th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 914,561 55.7% 44.3% $565.25 -16.57 SNY Sanofi 415,594 99.4% 0.6% $37.8 -0.71 BAC Bank of America Corporation New 326,552 67.0% 33.0% $7.74 -0.26 INTC Intel Corporation 222,053 70.3% 29.7% $27.9 -0.66 CHK Chesapeake Energy Corp 140,290 73.5% 26.5% $17.39 +0.20 GMCR Green Mountain [...]
Near Term Weekly Option Straddle Snapshot
Symbol Expiry Strike Straddle Bid Straddle Ask Total Volume Total OI BAC May 11 8 $0.40 $0.43 28,544 7,807 PFE May 11 22 $0.61 $0.65 17,544 10,741 INTC May 11 28 $0.77 $0.82 14,665 3,646 AAPL May 11 565 $16.70 $17.25 10,538 837 C May 11 32 $1.21 $1.25 7,048 542 AIG May 11 33 [...]
Select Sector SPDR Energy Fund (XLE) $68.45 -2.07%
SPDR Energy Fund (XLE) loses $1.45 to $68.45 on a rough day for energy-related names after the sell-off in crude oil intensified and the commodity lost 6 percent on the week. Recent options trades on XLE is a three-way, in which 5,000 May 72 calls were apparently sold on the ETF to buy a May [...]
Arch Coal (ACI) $8.06 -1.95%
Arch Coal (ACI) is down 17 cents to $8.05 and new 52-week lows after losing three quarters of its value over the past twelve months. Midday options trades on the St. Louis, MO coal producer include a May 10 – Jun 7 (3X4) put ratio spread. Looks like 9000 May 10 puts were sold to [...]
Market Vectors Gold Miners (GDX) $44.05 +0.39%
Market Vectors Gold Mining Fund (GDX) ticks 21 cents higher to $44.09 on relative strength in the miners after gold benefits from the flight-to-safety trade. The yellow metal has added almost $10 to $1644.50 an ounce. In options action, one player bought a May 48 – 51 call spread on GDX for 12 cents, 19000X [...]
Diamond Foods Inc (DMND) $21.53 +3.95%
Diamond Foods (DMDN) sees and an afternoon spike to $22.2 and is now up 93 cents to $21.64 on increasing volume of 644K shares. Options action is picking up as well. 5,440 calls and 1,280 puts traded on DMND so far. Jun 29 calls, which are 34 percent OTM and expiring in 42 days, are [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C PHH PHH Corporation 7,500 4 1875.00 0.83 CTCM CTC Media Inc 3,239 25 129.56 23.90 APH Amphenol Corp 3,760 34 110.59 0.89 SNV Synovus Financial Corporation 5,161 65 79.40 1.65 CI Cigna Corporation 35,775 548 65.28 0.72 THLD Threshold Pharmaceuticals Inc 3,005 147 20.44 1.60 QIHU Qihoo [...]
Cognizant Technology Solutions Corp (CTSH) $69.74 -1.90%
Cognizant Tech (CTSH) is off $1.35 to $69.74 and recent trades on the stock include a three-way, with the investor apparently selling 1000 May 75 calls at 70 cents to buy a May 60 – 67.5 (2X1) put ratio spread for $1.20, 1000X. Bearish spread trading is possibly a short-term hedge ahead of the software-makers [...]
BP Plc (BP) $41.01 -2.41%
BP loses $1 to $41.02 after crude oil prices shed $4 to $98.54 per barrel. Recent options trades on the oil giant seem to reflect expectations for another leg higher, however, after an Oct 45 – 50 (1X2) call ratio spread is apparently bought on BP for 50 cents, 4950X, on CBOE to open.Separately, a [...]
iShares MSCI Emerging Markets Index Fund (EEM) $41.42 -1.61%
iShares Emerging Markets Fund (EEM) is down 62 cents to $41.48 and a noteworthy trade on the ETF is buyer of 100,000 Jun 39 puts for 66 cents per contract. It’s not clear if the hefty put purchase was tied to stock, but is opening and possibly a bet that volatility across global equity markets [...]
