Archive for May 16th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 874,486 52.5% 47.5% $546.075 -7.09 BAC Bank of America Corporation New 469,756 70.4% 29.6% $7.11 -0.19 C Citigroup Inc New 251,550 66.0% 34.0% $26.92 -0.87 CHK Chesapeake Energy Corp 242,948 30.0% 70.0% $14.04 -0.61 MS Morgan Stanley 234,126 71.7% 28.3% $13.54 -0.60 MSFT [...]
Bristol Myers Squibb Co (BMY) $33.02 +0.12%
Bristol Meyers (BMY) May 33 calls are seeing interest for a third day. Open interest in the contract has increased by 17,383 contracts, to 30,560 and the largest in the name, over the past two trading sessions. Another 12,249 traded today at a VWAP of 33.1 cents and ISEE is pointing to additional opening activity, [...]
Citigroup Inc New (C) $27.01 -2.81%
Citi (C) loses 59 cents to $27.20 in active trading of 39 million shares and has now suffered a four-day 11.5 percent losing skid. Citi shares are now nearly 30 percent below their late-March multi-month highs. The options order flow doesn’t reflect the bearish underlying tone, however, as 153,000 calls and 73,000 puts traded on [...]
Staples Inc (SPLS) $13.95 -5.42%
Staples (SPLS) loses 76 cents to $13.99 on earnings news, but that didn’t stop one investor from buying 16,232 Jan 17 calls that expire in 2014 for $1.15 per contract on ISE. It’s an opening customer buyer, according to ISEE. Looks tied to 190K shares at $13.83. 18,926 SPLS Jan14 17 calls were bought-to-open on [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C SLM SLM Corporation 6,730 146 46.10 1.66 SKS Saks Inc 6,399 165 38.78 1.90 OI Owens Illinois Inc 3,790 115 32.96 1.20 EL Estee Lauder Companies Inc 4,530 140 32.36 0.91 ITRI Itron Inc 5,020 194 25.88 1.10 SHW Sherwin Williams 4,377 376 11.64 0.91 RRD RR [...]
Herbalife Ltd (HLF) $43.92 +3.49%
Herbalife option volume and volatility has been elevated since David Einhorn raised questions during the firm’s May 1 earnings call, and traders are bracing for more fireworks this afternoon when Einhorn presents at the Ira Sohn conference in New York. While well below their pre-earnings $70 level, HLF is up nearly 3% on the day, [...]
Morgan Stanley (MS) $13.86 -1.98%
Morgan Stanley (MS) has erased early gains and is now off 34 cents to $13.80 in active trading of 24.5 million shares. Call options on the stock are busy for a second day. Yesterday’s flow created more than 53,000 in new open interest in Oct 17 calls (see 5/15 color), as a massive block was [...]
Bank of America Corporation New (BAC) $7.18 -1.58%
BofA (BAC) is off 16 cents to $7.14 and 62,500 Jun 10 calls are sold on the stock for 2 pennies and 125,000 Jun 12 calls bought for 1 penny. The strategist came out even on the 1X2 and is likely closing a position. The Jun 10s were possibly opened on 4/12 when 62,500 traded [...]
SPDR Gold Trust (GLD) $149.13 -0.41%
A seemingly bold trade in SPDR Gold Trust (GLD), which is down 27 cents to $149.27 following another day of losses in the yellow metal. Gold was recently off $15 to $1542 an ounce. There’s been no flight-to-safety bid helping the metal during the latest market turmoil, as gold has given up 7.3 percent month-to-date. [...]
Darden Restaurants Inc (DRI) $54.85 +6.48%
Darden Restaurants (DRI) sees a midday spike and is up $4.11 to $55.62 on heavy turnover of 4 million shares. Options volume is 25X the daily average, being driven by May, June and July 55 call buyers. 17,000 calls and 2,500 puts traded on the stock and 30-day ATM vols surged 78 percent to 43.5! [...]
