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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Avanir Pharmaceuticals Inc ($AVNR) $6.71 -0.15%

Mixed sentiment in Avanir Pharmaceuticals today. The stock has been in and out of positive territory and is now flat at $6.72 after moving to multi-year highs Thursday. On the options front, an Oct 5 – 6 put spread on AVNR is bought-to-open this afternoon for 37.5 cents, 15000X. Earlier in the day, however, Oct [...]

September 12, 2014 | 0 Comments More

Molson Coors Brewing Company (TAP) $71.39 -0.27%

Early call buyers tap into Molson Coors Brewing. Shares are off 36 cents to $71.22 and 1378 Oct 72.5 calls on the beverage company trades for $1.70 across multiple exchanges when the market was $1.50 to $1.70. It’s opening. 2,250 Oct 75 calls also changed hands. Bullish trading comes three days after BTIG downgraded TAP [...]

September 12, 2014 | 0 Comments More

21Vianet Group Inc (VNET) $26.20 -4.41%

Bearish trading continues in 21Vianet. The stock is down $1.03 to $26.38 and Sep 25 puts are the most active options on the Chinese internet company Tuesday. 1,834 traded. Sep 30 and Sep 22.5 puts are the next most actives. Players opened new positions in the Sep 22.5, Sep 25, and Sep 30 puts on [...]

September 9, 2014 | 0 Comments More

SPDR S&P 500 (SPY) $200.14 -0.04%

Top options trade so far today is a block of deep out-of-the-money puts on the SPDR 500 Trust. The ETF is off 57 cents to $199.64 in the wake of disappointing jobs numbers. A 22600-lot of Feb 160 puts on SPY trades for 96 cents. It appears to be a buyer and maybe adding to [...]

September 5, 2014 | 0 Comments More

Alcoa Inc (AA) $16.55 +0.73%

Alcoa attracts an opening call writer. With the stock up 12 cents to $16.55, a 13000-lot of Sep 16 calls on the aluminum-maker is sold at 81 cents. 13,500 traded total against 7,351 in open interest. Weekly (8/22) 16, Sep 17, Sep 17.5, Sep 16.5, and Jan 17 calls on Alcoa are also seeing interest [...]

August 20, 2014 | 0 Comments More

CBS Corp (CBS) $60.52 -0.36%

Sizable spread in CBS. The stock is down 26 cents to $60.48 and the Dec 65 – 70 (1X2) call ratio spread trades on the media company for 65 cents, 6600X. If opening (the Dec 65s might close), the new position is targeting a move to $70 through the December expiration. The stock’s 52-week high [...]

August 20, 2014 | 0 Comments More

Crestwood Midstream Partners LP New (CMLP) $22.18 +3.50%

Call buyer in Crestwood Mideast Partners. Shares are up 81 cents to $22.64 and a 2428-lot of CMLP Oct 22.5 calls trades for 75 cents on ISE. It’s an opening customer buyer, according to ISEE data. 4,200 contracts now traded. Shares are up 10% in the past two weeks. Earnings were reported on 8/6, two [...]

August 20, 2014 | 0 Comments More

Molycorp Inc (MCP) $1.93 -4.93%

Molycorp is down 5% to $1.93 and back within striking distance of its 7/18 closing low of $1.87. Options order flow on the rare earth materials company is bearish today as well. 17,000 puts and 3,800 calls. The top trade is a 4450-lot of Jan2016 1 puts, bought for 37 cents per contract, to open. [...]

August 20, 2014 | 0 Comments More

Microsoft Corporation (MSFT) $44.94 -0.86%

Microsoft is off 36 cents to $44.97 and an investor sells 9,500 Sep 44 calls on the software-maker at $1.42 to buy 12,000 Oct 45 calls for $1.18. The ratio spread might roll a position a block of calls out one month and up one strike. Separately, Oct 48 calls on MSFT are apparenty being [...]

August 20, 2014 | 0 Comments More

AstraZeneca PLC (AZN) $71.00 +0.68%

Astrazeneca attracts a put buyer. The stock is up 44 cents to $70.96 and a 10000-lot of Oct 65s on the drug-maker is bought for $1 per contract. It might close one leg of an Oct 65 – 75 bullish risk-reversal opened 10000X three months ago when the stock was near $72 (see 5/20 color). [...]

August 20, 2014 | 0 Comments More
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