Archive for May 21st, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 764,394 61.4% 38.6% $561.28 +30.90 BAC Bank of America Corporation New 410,653 65.9% 34.1% $6.83 -0.19 JPM JP Morgan Chase and Co 356,899 48.6% 51.4% $32.51 -0.98 C Citigroup Inc New 170,730 54.9% 45.1% $26.25 +0.24 MSFT Microsoft Corp 122,648 57.6% 42.4% $29.75 [...]
Near Term Weekly Option Straddle Snapshot
Symbol Expiry Strike Straddle Bid Straddle Ask Total Volume Total OI BAC May 25 7 $0.35 $0.38 48,930 15,193 AAPL May 25 560 $14.85 $15.20 36,608 3,720 AAPL May 25 565 $14.95 $15.55 20,462 2,766 JPM May 25 33 $1.51 $1.54 14,488 7,647 JPM May 25 32 $1.61 $1.65 13,488 1,721 MS May 25 13 [...]
V F Corp (VFC) $136.82 +2.23%
VF Corp (VFC) is up $2.81 to $136.64 and it looks like a call “Tree” is initiated on the stock, with an investor buying the June 140s and selling the next two strikes for $1.10, 1000X. The stock hit a 52-week high of $155.72 on 5/2 before falling in 11 of 12 trading sessions and [...]
CVR Energy Inc (CVI) $31.68 +3.97%
Implied volatility in the options on CVR Energy (CVI) surged today, as shares climb $1.11 to $31.58 and new 52-week highs on light volume of 855K shares (expected is 2.8 million). Options volume is running 2.5X the daily average. 3,450 calls and 5,580 puts so far. The flow has been in smaller lots. The largest [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C ARBA Ariba Inc 4,643 52 89.29 0.47 BMRN BioMarin Pharmac. 5,229 276 18.95 1.47 STP Suntech Power Holdings Co Ltd 11,486 752 15.27 2.53 HST Host Hotels and Resorts Inc 2,727 488 5.59 1.73 CXW Corrections Corporation of America 3,240 591 5.48 0.52 SVNT Savient Pharmaceuticals Inc [...]
Financial Select Sector (XLF) $13.87 +0.72%
SPDR Financials (XLF) have added 9 cents to $13.86 and options volume in the product is lighter than the high levels seen late last-week, but still put volume is outpacing call volume in the ETF more than two-to-one. 142,000 puts and 61,000 calls. The largest trades are part of a Jan 11 – $13 put [...]
Dell Inc (DELL) $14.90 +1.09%
DELL is up 18 cents to $14.92 and options volume is running 3.5X the daily average ahead of this afternoon’s earnings report. 21,000 calls and 30,000 puts traded on the computer-maker. The top trade is a Jan $13 – 15 put spread, apparently bought for 50 cents, 3000X, and is possibly a defensive position ahead [...]
JP Morgan Chase and Co (JPM) $32.59 -2.67%
JP Morgan (JPM) is down 2.6 percent to $32.65 and the Dow’s biggest loser after CEO Jamie Dimon told a conference in New York that a share repurchase program is being suspended in the wake of the bank’s recently disclosed $2 billion trading loss. In options action, the top trades in JPM today include a [...]
Health Care Select Sector (XLV) $36.34 +0.75%
In contrast to last week, when put buyers dominated the flow in the Sector ETFs, a noteworthy trade in the SPDR Healthcare Fund (XLV) Monday is a 23000-lot of Jun 37 calls for 31 cents per contract on ISE. Shares are up 28 cents to $36.35 and a firm initiated the upside call buy to [...]
Guess Inc (GES) $24.64 +0.53%
Call buyers are driving the pre-earnings volume in Guess today, with call volume 6x normal and term structure indicating the expected reaction may relatively large- in line with last quarter 10% gap. On the day, nearly 4000 calls have traded vs 600 puts, with much of the volume in the June 30 strike, where buyers [...]
