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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Maxim Integrated Products Inc (MXIM) $33.90 -4.40%

Second day of interest in Maxim Integrated Apr 35 calls. 2273 traded yesterday and the flow created 2,036 of open interest at that strike. The stock is down $1.57 to $33.89 and reeling with other chip stocks today. Recent options trades include a sweep of 1965 MXIM Apr 35 calls for 40 cents. Looks like [...]

March 25, 2015 | 0 Comments More

Microsoft Corporation (MSFT) $41.48 -3.31%

Microsoft draws a big put spread. The stock is off $1.38 to $41.52 and the biggest loser among 28 Dow stocks trading lower late-Wednesday (only oil names XOM and CVX are holding gains within the industrial average). In morning options trading, the Weekly (3/27) – May 44 put spread on MSFT is sold at 56 [...]

March 25, 2015 | 0 Comments More

Micron Technology Inc (MU) $26.45 -5.40%

Heavy trading in Micron as shares drop $1.46 to $26.50 on volume of 27.5 million shares. 55,000 calls and 77,000 puts traded on the memory chip-maker. Jul 25 puts on MU have traded 10,860 contracts. Apr 26.5 and Apr 27 puts are the next most actives in the name. The flow is part of a [...]

March 25, 2015 | 0 Comments More

Total SA (TOT) $50.88 -0.37%

Oil company Total options volume is 8X the daily average, being led by 8,000 May 55 calls. The stock is off 20 cents to $50.87 and the top trade is a 3500-lot for 60 cents when the bid-ask was 45 to 60 cents. Bullish flow comes in the wake of earnings from Total Gabon earlier [...]

March 25, 2015 | 0 Comments More

McDonalds Corp (MCD) $98.49 -0.88%

McDonald’s May 100 – 105 call spread for $1.53, 4000X. Looks like an opening buyer as shares drop 85 cents to $98.50. The stock is giving back recent gains heading a meeting tomorrow. According to a company spokesperson, the meeting is an informal Q&A session with analysts and shareholders. The company will not offer any [...]

March 25, 2015 | 0 Comments More

Idera Pharmaceuticals Incorporated (IDRA) $3.52 -11.56%

Opening action in Idera Pharm calls. The stock is off 11.5% to $3.52 and 2500 May 4 calls on the biotech are swept across multiple exchanges this morning for 65 cents when the market was 35 to 65 cents. 3,735 traded at that strike total. another 500 Apr 4.5 calls also traded in the name. [...]

March 25, 2015 | 0 Comments More

Youku Tudou Inc (YOKU) $13.97 +2.12%

Big print in Youku Tudou as shares buck today’s bearish trend. YOKU is up 27 cents to $13.95 and a 30800-lot of Apr 15-strike calls on the Chinese internet company is bought for 15 cents per contract (tied on a 15 delta). 31,375 traded total against 230 in open interest. Bullish trading comes as the [...]

March 25, 2015 | 0 Comments More

Jive Software Inc (JIVE) $5.02 -1.38%

Jive Software sees an opening premium seller. With shares off 6 cents to $5.03, an 11500-lot of May 5 puts on the software company is sold at 30 cents per contract. 15,768 traded total and the action will probably open the largest block of open interest, surpassing the biggest existing position of 15,141 OI in [...]

March 25, 2015 | 0 Comments More

Rite Aid Corp (RAD) $8.36 +1.83%

Relative strength and higher call volume in Rite Aid. The stock is up 2.2% to $8.39 and moving to session highs. A 10000-lot of May 8 calls on the retailer prints for 87 cents when the market was 75 to 85 cents. Then, 6100 May 9 calls traded for 45 cents when the bid-ask was [...]

March 25, 2015 | 0 Comments More

Stryker Corp (SYK) $92.66 -0.81%

Stryker with 8X daily average options volume, led by a ratio spread. The stock drops 83 cents to $92.59 and the Apr 90 – 92.5 (2X1) put spread on the medical appliance company is bought for 15 cents, 3500X. It might roll (short) puts down to the 90 line from the 92.5s, while increasing position [...]

March 25, 2015 | 0 Comments More