Author Archive: Fred Ruffy

Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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Financial Select Sector (XLF) $24.76 +0.45%

Active trading continues in the SPDR Financial Fund. Shares are up 15c to $24.80 and recent options trades on the ETF include a 136K lot of Sep 26 calls for 26c when the market was 23 to 25c. Then another 6,500 traded for 25c. More than 150K now traded at that line, making it the [...]

June 5, 2015 | 0 Comments More

Hartford Financial Services Group Inc (HIG) $41.54 +0.80%

Higher options volume in Hartford led by deep out-of-the-money puts. The stock is up 36c to $41.57 and Jun 28 puts on the insurance comany are swept across multiple exchanges midday for a penny. 8,512 traded total against 3,283 in open interest. Jun 34, Jun 26 Weekly 35, Jun 34.5, Jun 33, and Jun 32 [...]

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FireEye Inc (FEYE) $50.76 +5.86%

Flurry of activity in FireEye as shares notch 52-week highs. The stock is up nearly 6% to $50.79 on increasing volume of 13M shares amid broader gains in cyber security names after the US Government became victim of a large data breach. Calls on FireEye outpace puts by nearly 4:1, with flow scattered across a [...]

June 5, 2015 | 0 Comments More

Williams Companies Inc (WMB) $49.05 +1.09%

Williams Companies calls outpace puts 16:1. The stock is up 45c to $48.97 and one investor sells a 12.5K lot of Nov 52.5 calls on the natural gas company at $1.27 per contract. A stockholder is possibly overwriting shares with upside Nov calls after a three-week nearly 10% slide in the stock. More than 14K [...]

June 5, 2015 | 0 Comments More

Financial Select Sector (XLF) $24.79 +0.57%

Active trading in SPDR Financials as the sector outperforms Friday. Shares are up 14c to $24.79 and the second best gainers among the SPDR Sector ETFs behind Energy (XLE). On the options front, an investor sells 35.2K Jun 22 puts on the financial fund at one-cent per contract and buys 37K Jul 23 puts for [...]

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Vale SA (VALE) $6.52 +0.62%

Higher put volume in Vale. Shares are up 5c to $6.53 and Jun 6 puts on the Brazilian company have traded nearly 32K, making them the 6th most active equity options contract of the day. Open interest is 107.2K and data from ISEE hint at closing customer buyers. Similar activity is being seen in Jun [...]

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iShares iBoxx Dollar High Yield Corporate Bond (HYG) $89.48 -0.26%

Second day of hefty September put spreads on the High Yield Bond Fund. Shares are down 23c to $89.58 and it looks like a buyer is opening a Sep 82 – 87 put spread on HYG for $1.05, 18500X. Separately, a Sep 82 – 86 put spread on the exchange-traded fund prints at 65c, 10000X, [...]

June 5, 2015 | 0 Comments More

Alcatel Lucent (ALU) $3.82 -3.05%

Alcatel Lucent attracts in-the-money call spreads. The stock is off 10c to $3.84 and the Jun 2.5 – Dec 2.5 call spread on the telecomm trade for 10c, 8000X, and again for 10c, another 8000X. 23K traded total and the flow appears to be rolling long calls to December from June. If so, the investor [...]

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Liberty Global Plc (LBTYA) $55.35 +1.37%

Notable call buyer in Liberty Global. The stock is up 69c to $55.29 and 15K Jan 60 calls on the British TV and telephone company are bought for $3.70 per contract. The $5.6M premium purchase might cover one leg of a three-way spread opened on 9/18/14, when shares traded around $44 and an investor sold [...]

June 5, 2015 | 0 Comments More

Bank of America Corporation (BAC) $17.32 +3.22%

Big call buyer in Bank of America. The stock is up 50c to $17.28 in heavy trading of 51.5M shares and seeing relative strength amid broader gains in the financials. On the options front, an investor buys nearly 50K Nov 18 calls on the bank for 61c per contract. 51.8K traded total, making it the [...]

June 5, 2015 | 0 Comments More