Archive for May 29th, 2012
Option Volume Leaders as of 4:21 PM
Symbol Name Contracts Calls Puts Spot (Delayed) Spot Chg AAPL Apple Inc 486,219 60.4% 39.6% $572.27 +9.98 FB Facebook Inc 364,794 44.5% 55.5% $28.84 -3.07 BAC Bank of America Corporation New 234,661 60.2% 39.8% $7.44 +0.29 CHK Chesapeake Energy Corp 159,525 42.1% 57.9% $16.35 +0.54 JPM JP Morgan Chase and Co 145,049 56.5% 43.5% $33.63 [...]
Near Term Weekly Option Straddle Snapshot
Symbol Expiry Strike Straddle Bid Straddle Ask Total Volume Total OI AAPL Jun 1 570 $12.60 $12.90 46,934 5,983 BAC Jun 1 7 $0.46 $0.50 28,299 11,881 AAPL Jun 1 575 $12.30 $12.75 27,218 3,475 JPM Jun 1 33 $1.11 $1.15 10,198 2,801 RIMM Jun 1 11 $0.55 $0.59 9,370 4,154 BAC Jun 1 8 [...]
SPDR S&P 500 (SPY) $133.45 +1.02%
SPY June 124 – 128 – 132 put fly for 58 cents, just traded 10000X on ISE. Shares are up $1.28 to $133.38 on light turnover over 121 million. Projected options volume is 1.6 million for today and less than two-thirds of the recent average.
Amarin Corp PLC (AMRN) $12.31 +6.58%
Amarin (AMRN) sees an afternoon spike to $12.8 on heavy volume of more than 9.5 million shares. The stock is now up 70 cents to $12.25 and options action is heating up as well. 9,700 calls and 3,670 puts. Sep 20, Jun 13, Jun 12, and Jun 11 calls are the most actives. Vols are [...]
Western Digital (WDC) $33.15 -3.11%
Western Digital (WDC) is down $1.07 to $33.14 and seeing relative weakness today after Barclay’s downgraded the stock to EqualWeight from OverWeight. One player in the options market seems to view the weakness as an opportunity for a substantial bullish three-way on WDC, as it appears that 13,600 July 26 puts were sold on the [...]
Put/Call Ratio Leaders* as of 3:01 PM
Symbol Name Puts Calls RealTime P/C Avg P/C ITUB Itau Unibanco Banco Holding SA 13,615 177 76.92 3.76 PBI Pitney Bowes Inc 41,044 539 76.15 0.88 WPX WPX Energy Inc 4,454 165 26.99 7.41 PCP Precision Castparts Corp 3,084 118 26.14 1.62 NFX Newfield Exploration Co 30,720 2,680 11.46 2.16 CS Credit Suisse Group 3,530 [...]
Pitney Bowes Inc (PBI) $13.99 +0.43%
Pitney Bowes (PBI) adds 4 cents to $14 and a Jul 14 – Jan $12 put spread is bought on the stock for 32.5 cents, 19000X. The spread likely exits a position in Jul 14 puts at 80 cents, which was opened on May 8 for 55 cents (out of May 16 puts). Shares are [...]
Interoil Corporation (IOC) $65.71 +2.00%
Interoil (IOC) adds $1.62 and one strategist is apparently rolling a bullish position from June to September. 24,000 Jun 77.5 calls were sold on the stock while 6,000 Jun 65 calls plus 800 Jun 60 puts were bought on the Australian oil and gas refiner. The activity probably closes out positions opened on May 3 [...]
James River Coal Company (JRCC) $3.00 -3.28%
James River Coal (JRCC) gives up early gains and is down 10 cents to $3 despite positive commentary from Goldman Sachs about the coal sector today. Market Vectors Coal Fund (KOL) is up 3.2 percent. However, JRCC, which has already been smoked for an 86.9 percent loss since a year ago, is not participating and [...]
IMAX Corporation (IMAX) $21.52 +0.33%
IMAX adds 3 cents to $21.48 and a 5400-lot of Sep 25 calls trades on the stock for $1.30 when the market was $1.15 to $1.30. Looks opening and tied to 194K shares at $21.78. The stock’s 52-week high of $37.26 dates back to Jun 2 of last year.
