Archive for May 15th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 605,972 56.8% 43.2% $553.17 -5.05 CHK Chesapeake Energy Corp 375,674 32.5% 67.5% $14.65 -0.87 JPM JP Morgan Chase and Co 328,141 38.9% 61.1% $36.24 +0.45 C Citigroup Inc New 303,321 57.1% 42.9% $27.79 -0.35 BAC Bank of America Corporation New 238,388 61.1% 38.9% [...]
JP Morgan Chase and Co (JPM) $36.24 +1.26%
JP Morgan (JPM) added 46 cents to $36.25 and was the Dow’s best gainer today after CEO James Dimon tried to offer some soothing remarks at a shareholder meeting. One player in the options market doesn’t seem convinced, however, as a Jun 30 – 33 put spread was bought on the bank this afternoon for [...]
International Game Technology (IGT) $14.46 -1.63%
Sentiment seems to have shifted in International Game Technology (IGT). Jun 16 calls were being bought on the stock yesterday (see 5/14 color). Shares of the Las Vegas electronic gaming equipment maker are down 21 cents to $14.49 in relatively light volume of 2.2 million shares (avg daily is 3.7 mln). Meanwhiile, nearly 10,000 puts [...]
Bruker Corporation (BRKR) $14.93 -2.55%
Bruker Corp (BRKR) loses 41 cents to $14.91 and Sep 12.5 puts on the Billerica, MA scientific instruments company saw a flurry of activity midday, incluiding a 7480-lot for 60 cents per contract. The market was 45 to 70 cents. 8,058 traded against 8,138 in open interest and the flow will likely close out much [...]
Kohls Corporation (KSS) $47.01 -0.53%
Kohl’s (KSS) is off 19 cents to $47.07 and on a four-day 7.5 percent losing skid since earnings were reported on May 10. Midday options trades on the retailer include a multi-exchange sweep of 3691 May 46 puts at the 25-cent asking price. 6,106 contracts and ISEE is hinting at opening customer buyers. May 47 [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C SFI Istar Financial Inc 43,437 1 43437.00 9.47 BRKR Bruker Corporation 8,058 5 1611.60 0.51 VPHM ViroPharma Inc 4,077 15 271.80 2.98 FTR Frontier Communications Corporation 18,252 435 41.96 1.06 TC Thompson Creek Metals Company Inc 5,261 149 35.31 2.23 RDN Radian Group Inc 7,679 255 30.11 [...]
Ascena Retail Group Inc (ASNA) $19.79 -1.59%
Additional activity in ASNA (see 14:21 color), as a Jun – Sep 24 call spread is sold on the retailer at 32 cents, 6500X. The spread is probably rolling as well and taken together, the new position appears to be short Sep 17 – 24 strangle and maybe a bet that the stock will stay [...]
Ascena Retail Group Inc (ASNA) $19.79 -1.59%
Ascena Retail (ASNA) is off 33 cents to $19.78 and has lost 10 percent over the past seven days. The weakness seems to have motivated an investor to adjust a position, as a Jun 20 – Sep 17 put spread trades on the stock for 50 cents, 7700X. Sep 17s are being sold to open. [...]
Morgan Stanley (MS) $14.23 -0.50%
Hefty print in Morgan Stanley after 53,000 October 17 calls were bought on the stock for 83 cents per contract, to open. MS is off 6 cents to $14.24 and the 53k call options are tied to 1.83 million shares at $14.29. The premium purchase comes as shares continue to slide below the multi-month highs [...]
Pandora Media Inc (P) $10.72 +9.16%
Pandora’s rally continues. Shares are up 94 cents to $10.76 in active trading of 3.7 million shares and now up 24.6 percent in just six trading days. Options on the Internet radio operator are busy for a second day. Like yesterday (see 5/14 color), call buyers seem to be dominating the flow. 22,000 calls and [...]
