Uni Pixel (UNXL) is under fire and implied volatility in the options on The Woodlands, TX electronics company is spiking today. UNXL is in the midst of a conference call and the stock is down $8.80 to $27.94 on increasing volume of 4.5 million shares. 18,000 calls and 13,000 puts traded in the name, which [...]
Hunstman (HUN) is off 13 cents to $19.16 and, for a second day, an investor is buying May calls on the stock (17s and 18s) to buy the Aug 15 – 18 bearish risk-reverals, 8800X. Today’s open interest confirms the activity in August is opening (see 5/15 color) and so today’s flow looks like a [...]
Hunstman (HUN) adds 53 cents to $19.29 and options volume on the stock is 3.5X the daily average, after an investor bought May 16 calls, sold Aug 18 calls, and bought Aug 15 puts, 9100X on the day. The activity probably closes in May to open a new bearish risk-reversal in August. It’s possibly part [...]
Mosaic (MOS) is up 30 cents to $61.60 and a June 60 – Sept 62.5 call spread is bought on the stock for 60 cents, 5000X on ISE. It might roll a position out from June to September, up 2.5 strikes (although early data from ISE is indicating an opening spread). June 60 calls on [...]
Tronox (TROX) adds 48 cents to $21.38 and a noteworthy options trade on the Stamford, CT titanium producer today is a Nov 22.5 – 30 call spread, bought for $1.70, 9500X. The activity will create the largest blocks of open interest in the name.
Mosaic (MOS) is up $2.32 to $64.54 in active trading of 1.8 million shares after Bloomberg ran a story suggesting the company is “poised to become the industry’s biggest takeover target after hurdles to a deal are lifted later this month.” LINK. 15,000 calls and 3,500 puts traded on the fertilizer company. Sep 70 calls [...]
Dupont (DD) is down 48 cents to $52.89 and the biggest loser in the Dow. Investors are reacting to comments being made at the comapny’s 2013 Investor Day and one player in the options market bought a June 47 – 52.5 put spread on DD for $1.23, 5000X, to open. It might be a type [...]
Axiall Corp (AXLL), an Atlanta-based chemicals company, is down 88 cents to $52.92 and midday trades on the stock include a sweep of 1,428 May 55 calls for $1.10 per contract across multiple exchanges, followed by 4,128 more for $1.23 on ARCA. Volume at that strike is 6,100 against 814 in open interest. ISEE is [...]
Very heavy call volume in Chemical maker Huntsman as a customer rolls 26400 May 19 calls out to June for a 35cent debit as shares traded near 18.35. Flow history (try HUN 4/4 to see it) shows most of the May 19s were opened during several days earlier this month when shares were near 18 [...]
CF Industries (CF) adds $2.29 to $189.38 and an Aug 210 – 230 call spread is bought on the stock for $2.80, 4900X. 5000 now traded and looks opening.