Blackstone July 34 calls see early interest. The stock is up 28 cents to $33.08 and 2209 recently printed for 22 cents on CBOE when the bid-ask was 20 to 22 cents. 2,549 now traded against 4,923 in open interest. The calls expire in a few days and will capture 7/17 earnings. Sep 34 calls [...]
Hefty spread in Cheniere Energy. The stock is 95 cents to $72.07 and 50000 Jan2016 75 – 85 call spreads on the natural gas company are sold at $3.30. It appears to be closing positions opened on 4/14 when the same spread was being bought to open for $1.85. The stock is up 32.5% since [...]
Afternoon sweeps of Gannett puts. The stock is down 13 cents to $29.36 and Jul 29 puts on the newspaper company are swept for 60, 65 and 70 cents per contract. Volume at that strike is 5,739 against 195 in open interest. Bearish flow in GCI comes after a two-month 13% advance in shares. The [...]
Bearish flow in Argentian oil and gas company YPF Sociedata Anonima. The stock is up 5.3% to $33.82 on reports President Fernandez wants to negotiate with creditors about debt payments. On the options front, one player seems to be bracing for negative fallout, however, as a 3950-lot of Jul 25 puts on YPF is bought-to-open [...]
Brazilian steel maker Companhia Siderurgica sees bearish flow. The stock is flat at $4.17 and most of the options actiivty is in Dec 4 puts after 10000 were swept across multiple exchanges for 50 cents when the bid ask was 35 to 50 cents. Open interest is 3,555.
Active trading in AMD today. The stock is down 25 cents to $4.11 on increasing volume of 36 million shares. Roughly 20,000 calls and 79,000 puts traded on the chip-maker. More than 32,400 Jul 4 puts traded in the name. Jul 3.5 have traded 30,700 contracts and 30-day implied volatility in the options on the [...]
Bullish three-way in Rockwood. The stock is up 62 cents to $74.72 and the investor is apparently selling 2000 Jan 60 puts on the chemicals company at $1.45 to buy 2000 Jan 80 – 90 call spreads for $2.60. The new position is being opened after several months of choppy action in ROC. The sock [...]
Kinross Gold sees higher call volume. The stock is off 13 cents to $4.29 after rallying along with other names in the sector on higher gold prices yesterday. A 40,044-lot of Nov 5 calls trades on the gold miner for 20 cents per contract on ISE. Data from the exchange is reporting an opening seller, [...]
Big print Sprint. The stock is down 17 cents to $8.29 and a 40000-lot of Jul 8 calls trades on the telecomm for 62 cents per contract. Looks like an opening buyer and tied to 2.6 million shares at $8.36, maybe stock replacement after a three-week 14.3% skid in the underlying.
Tibco sees heavy trading. The stock is down $1.16 to $19.66 on volume of 7.1 million shares on the heels of the software maker’s earnings report. However, the stock is climbing off session lows after a CNBC commentator mentioned the stock could be an acquisition target for IBM or SAP. 28,000 calls and 6,700 puts [...]