All Stocks
JP Morgan Chase and Company (JPM) Draws May Put Buyers
JP Morgan (JPM) drops 26 cents to $48.78 and May 48 puts on the bank are seeing interest today. Recent trades included a 10626-lot for 26 cents per contract when the market was 24 to 26 cents. A 12,000-lot traded earlier today for 27 cents per contract. More than 27K now changed hands against 36,333 [...]
DANG: Unusual Options Activity
Ecommerce China DangDang (DANG) is up 5 percent to $4.56 and in the midst of a DANG one-week 20.9 percent rally. Trading is heavy, with more than 2.3 million DANG shares trading. Meanwhile, there’s an uptick in DANG options activity as well. 6,350 DANG puts and only 200 DANG puts so far. The flow is [...]
Big Move in Barnes and Noble (BKS) Draws Call Buyers
Barnes and Noble (BKS) gapped higher at the open and is up $2.70 to $20.47 on surging volume of 9 million shares after Microsoft (MSFT) said it wants to buy the bookseller’s digital assets of Nook media and a college book joint venture for $1 billion. Options on BKS are seeing brisk trading as well. [...]
Early Birds Like Baidu (BIDU) Call Options
Baidu (BIDU) sees early call buying Wednesday. Shares of the Chinese Internet company are up 99 cents to $90.29 and making a move above an 50-day moving average, on no news. Meanwhile, Weekly 92.5 calls, which expire 5/24, are the most active in BIDU. 2,195 traded against 1,706 in open interest. May 92.5 and Weekly [...]
Spread Trader Reaps Massive Win in MBIA (MBI)
MBIA shares gapped up and halted three times this afternoon, peaking near $15 (a 50% increase) on details of the settlement with BofA. While the litigation was widely watched, the magnitude of the payment is a positive surprise for shares, and appears to have netted one trader about $3.2 million on the largest call position [...]
Trouble Brewing for Green Mountain Coffee Roasters (GMCR)?
Green Mountain Coffee Roasters (GMCR) options order flow seems bearish ahead of earnings. The company is due to report on May 8 after market. The stock is up 86 cents to $58.61 and the top trade is a bearish risk-reversal after an investor sold 3,000 Sep 70 calls on GMCR at $3.20 to buy 4,000 [...]
Caterpillar Inc (CAT) Helps Lift Dow to 15K
Caterpillar (CAT) adds $2.52 to $86.78 and is the Dow’s best gainer, helping to lift the 117-year old stock market average beyond 15,000 for the first time ever. One investor in the options market might be looking to hedge recent gains in CAT, as it appears that 16,100 May 87.5 calls are sold on the [...]
Bull Exits Expeditors International (EXPD) After Earnings
Expeditors International (EXPD) is up $2.47 to $37.79 after the company delivered in-line earnings after the close yesterday. Revenues fell short of expectations. Still, the stock is rallying and EXPD May 37.5 calls are seeing interest. Two 2500-lots (5000 total) traded at 90 cents when the market was 90 cents to $1. More than 10,600 [...]
Yikes! EBIX Vol Spike..
EBIX drops $1 to $19.60 on heavy volume of 3 million shares on unconfirmed talk the company is being probed related to accounting practices — LINK TO STORY. The stock, which was up yesterday on reports Goldman is buying the Atlanta-based business software company for $20 per share, is under fire and options volume is [...]
Angies List (ANGI) Gets Dissed
Options on Angie’s List (ANGI) remain actively traded. As noted Monday, open interest in puts on the consumer service directory company has been building in recent days (see 4/29 color – LINK) amid defensive positioning. Today, the stock is down $1.15 to $23.09 on the heels of a negative Citron Research note, saying it is [...]
