USO Feb 23 – 26.5 put spread for 70 cents, 15000X. Looks like a buyer is opening with shares up 22 cents to $28.47. The bearish position comes one week from an OPEC meeting.
SPY Nov 207 calls are today’s most active option. Shares are down 37 cents to $205.18 and easing off ther record highs set yeserday. 130,000 Nov 207 calls have raded on the ETF against 46,246 in open interest. It looks like buyers were paying 13 and 14 cents this morning. The market is now 9 [...]
Nov 55.5 calls on the WisdomTree Japan ETF sold at 20 cents, 18640X. With shares up 7 cents to $54.71, the action might close a position. Open interest at that strike increased by nearly 40K to 44,979 after a buyer paid 25 cents for 20K yesterday (see 11/18 color).
SPDR Energy Fund Dec 75 puts, bought for 30 cents per contact, 43400X. With shares up 29 cents to $86.12, the action might close one leg of Dec 75 – 82 put spreads opened for $1.46 last month (see 10/14 color). The Dec 82 puts are apparently being left open.
US Oil Fund puts are actively traded ahead of Weekly Inventory Data (10:30). The ETF is up 12 cents to $28.32 and system detected early sweeps of Dec 18, 19 and 20 puts on USO. 10,000 puts and 7,170 calls already changed hands in the product. December options also capture the Nov 27 OPEC meeting. [...]
Noteworthy spread in the SPYders as the S&P breaks out to record highs Tuesday. The ETF is up $1.27 to $205.64 and an investor sells 28,800 Dec 210 calls on SPY at 78 cents to buy 70,300 Jan 220 calls for 16 cents. The action appears to roll some of the Dec 210 calls opened [...]
Trader takes a loss in Consumer Staples ETF puts. Sold 20K Jan 47 puts at 46c a moment ago as XLP traded near all time highs of $48.28. Appears to close the largest block of puts in the product, which were opened two weeks ago on 11/4 when a buyer paid 96c for 20K tied [...]
Large buyer in short term Wisdomtree Japan ETF calls. Customer paid 25c for 20K Nov 55.5 calls as EWJ traded $54.47 just before noon ET. May add to the very large block of open interest in Nov 55s, which a customer bought last week in the 60cent range when EWJ was near 54.33. Briefing.com noted [...]
SPDR Homebulder ETF Mar 33 calls for $1.06, 10000X. Looks like an opening buyer and the new position is being opened after the latest NAHB index of homebuilder sentiment improved to 58 for November, from 54 last month and 3 points better than economist estimates. Yet, XHB is flat at $32.17 despite the strong data.
Massive short-term put buyer in SPDR Energy ETF. Initiator paid 91c for 120K 12/5 83 puts tied delta-neutral to 3 million shares at $85.95. Opens a new position in struck nearly 3% below spot. Top holdings in XLE include XOM, CVX, and SLB.