Williams Companies (WMB) drops $1.24 to $36.49 and it looks like Aug 33 puts are sold on the natural gas producer at 99 cents to buy Aug 37 – 42 call spreads for $1.53, 9750X, to open. The stock is down today, but has performed well in recent months and is up 11.4 percent year-to-date. [...]
Exelixis (EXEL) loses 17 cents to $4.86 and a 5000-lot of Aug 4 puts trades on the San Francisco, CA biotech for 22 cents per contract when the market was 15 to 25 cents. It might add to positions opened Thursday when 5000 traded for 25 cents. Open interest in Aug 4 puts is 5,460 [...]
Headwaters (HW) drops 72 cents to $9.57 and one investor seems to view the drop as an opportunity to buy a May 10 – 11 call spread on the South Jordan, UT building materials company for 35 cents, 1200X, to open. It might be an earnings play, earnings due out around 4/25.
Cemex (CX) is off 60 cents to $11.64 and a 9600-lot of Jan 7 puts trades on the stock for 41 cents per contract on ISE. A customer bought, to open, according to ISEE data. 10,000 now traded and the flow will add to positions opened Thursday, when 10,000 were bought for 35 cents per [...]
Lowe’s (LOW) drops 59 cents to $38.33 and it looks like 2000 Jan 50 calls are sold on the home improvement retailer at 35 cents, to buy Jan 25 – 30 put spreads, for 65 cents, 2000X. A similar trade surfaced on 4/1 when 7000 Jan 50 calls were sold to buy 2000 Jan 25 [...]
Applied Materials (AMAT) drops 37 cents to $13.26 and early trades on the chip equipment maker include a sweep of 4880 Apr 13 puts for 6 cents per contract across multiple exchanges. An investor bought, to open, according to ISEE data. 6,270 now traded against 36.6K in open interest, which is the largest in the [...]
BofA (BAC) is off 10 cents to $12.06 and the top options trades on the bank today: July 10 – 14 bearish risk-reversal at 2 cents, 15000X on ISE. A firm bought the bearish combo, to open, according to ISEE data. The bank will report earnings Wednesday morning.
Cypress Semi (CY) is off 25 cents to $10.98 and options volume on the stock is running 2X the daily average. 6,400 puts and 1,330 calls so far. April 10 puts, which are 8.9 percent out-of-the-money and expiring in four days, are the most active in CY today after a 5000-lot traded for 9 cents [...]
Youku (YOKU) hit a morning high of $17.50, but is now down 48 cents to $16.91 in active trading of 1.3 million shares. Options volume on the Chinese Internet television company is running 2X the daily average. 3,220 calls and 280 puts so far. Players are showing interest in Apr 18, Apr 19, May 19 [...]
Viacom (VIAB) drops $1.42 to $65.08 and players in the options market are nibbling at May 70 calls on the stock Monday morning. 11,395 contracts traded against 337 in open interest. Several small lots printed early for 65, 67 and 70 cents, before a 8586-lot printed for 70 cents per contract on CBOE. The market [...]