Archive for May 14th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg MSFT Microsoft Corp 1,376,487 97.3% 2.7% $30.68 -0.48 SUN Sunoco Inc 540,004 99.6% 0.4% $48.6 -0.47 AAPL Apple Inc 434,971 54.4% 45.6% $558.22 -8.49 JPM JP Morgan Chase and Co 298,573 49.5% 50.5% $35.79 -1.17 CHK Chesapeake Energy Corp 271,131 35.8% 64.2% $15.52 +0.71 BAC Bank [...]
Warner Chilcott PLC (WCRX) $21.85 +2.15%
Warner Chilcott (WCRX) with relative strength and increasing call volume on unconfirmed chatter the company canceled out of a conference (Briefing). WCRX is up 56 cents to $21.95 on volume of 5.6 million shares. 5,440 calls and 985 puts traded on the stock. The flow is scattered, with May 22, 23, and 25 calls at [...]
Level 3 Communications Inc (LVLT) $23.89 -1.61%
Level3 (LVLT) loses 29 cents to $23.99 and a 3845-lot of Jun 23 puts trades on the Broomfield, CO internet communications comany for $1 on CBOE when the market was 85 cents to $1. Separately, another 3260 traded for $1.05 on ISE and was an opening customer buyer, according to ISEE. More than 8,000 LVLT [...]
Pandora Media Inc (P) $9.77 +5.45%
Pandora Media (P) has been grinding higher throughout the day on relatively light volume of 1.3 million (avg. daily is 2.1 million) and is now up 44 cents to $9.70. Options volume is running 3X the daily average, with call volume trouncing put volume by a ratio of more than ten-to-one. 9,700 calls and 950 [...]
Morgan Stanley (MS) $14.49 -3.08%
Morgan Stanley (MS) loses 45 cents to $14.50 and a Jan 13 – 15 put spread is sold on the investment bank at $1.01, 10000X. Looks tied to 250K shares at $14.45 and might close. Separately, a May – Jun 16 put spread is apparently sold on the stock at 27 cents, 20000X, and probably [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C GGC Georgia Gulf Corp 9,000 6 1500.00 0.17 SFI Istar Financial Inc 10,900 33 330.30 8.07 SID Companhia Siderugica Hacional 5,242 28 187.21 1.47 NRG NRG Energy Inc 7,396 53 139.55 1.63 CIT CIT Group Inc 4,642 40 116.05 1.49 CQB Chiquita Brands International Inc 6,032 156 [...]
Groupon Inc (GRPN) $11.99 +21.11%
Groupon shares are nearly 20% higher, near $12 ahead of earnings, due in a few hours. Implied vol is also higher, with 30day ATMIV near 137%, an all time record for the stock. Total option volume is approaching 80,000 contracts, 4x the typical level, on track fora another record, with calls and puts evenly matched [...]
MetroPCS Communications Inc (PCS) $6.74 -4.26%
Another big three-way spread in MetroPCS (PCS), similar to the one seen last week (see 5/10 color), after one strategist sold 30,000 Nov 5 puts to buy 30,000 Nov 8 – 10 call spreads, paying 5 cents for the package and opening a new position. It’s tied to 1.2 million shares at $6.93. PCS rallied [...]
iShares MSCI Spain Index Fund (EWP) $24.33 -2.33%
?Arriba! Call volume in the iShares Spain ETF spiked to a 1yr high as shares traded near a a 2y low of 24.32 today, with a buyer paying 50cents for a total of 14,000 July 27 calls in a few tranches around midday to open a new position that is more than triple the size [...]
Tesla Motors Inc (TSLA) $30.92 -4.12%
Tesla Motors (TSLA) loses $1.40 to $30.85 and order flow on the San Carlos, CA electric car-maker is bearish today. Morning trades include Jan 30 – 38 bearish risk-reversals traded across multiple exchanges, including 450 on ISE. A customer was selling calls to buy puts, according to ISEE, and paying approximately $4.45 to open a [...]
