Chemicals
Huntsman Corporation (HUN) $17.33 +2.24%
Hunstman (HUN) adds 34 cents to $17.29 and 45 cents is collected on the Aug 15 – 18 bearish risk-reversal, 2500X. It’s possibly a closing trade, as the Aug 15 puts and 18 calls are already the two largest open positions in the chemicals company.
LyondellBasell Industries NV (LYB) $43.21 +1.11%
LyondellBassell Industries (LYB), a Rotterdam-based specialty chemicals company, adds 49 cents to $43.23 and the Jun 39 – 41 call spread is sold at $1.675, 10000X. Looks like a roll up in strikes and closing out a position opened on May 17 as part of a Jun 39 – Sep 45 call spread (see 5/17 [...]
International Flavors and Fragrances Inc (IFF) $62.74 -0.93%
Steve Smith notes today that: International Flavor and Fragrance shares are off 50c to $62.80 and sees notable trade as the June $65 calls trades a 13,000 contract block at the 30c bid price in what looks like an opening sale.
International Flavors and Fragrances Inc (IFF) $62.84 -0.77%
International Flavor and Fragrance shares are off 50c to $62.80 and sees notable trade as the June $65 calls trades a 13,000 contract block at the 30c bid price in what looks like an opening sale.
Huntsman Corporation (HUN) $19.09 +1.22%
Huntsman (HUN) shares lost 4 cents to $18.86 yesterday and, prior to today, have suffered a five-day 9.8 percent skid. A notewhorthy spread traded in the chemical maker midday Tuesday after an investor bought 15,100 May 17 calls, sold 15,100 June 18 calls, and bought 15,1000 June 15 puts. They paid a net debit of [...]
LyondellBasell Industries NV (LYB) $38.95 +2.23%
LyondellBassell Industries (LYB), a Rotterdam-based specialty chemicals company, finished the day up 85 cents to $38.95 and two noteworthy spread trades surfaced in the name Tuesay. One investor initiated a Sep 40 – 46 (1X2) call ratio spread at $1 even, 6500X. The spread looks opening and was not tied to stock. Another player bought [...]
Huntsman Corporation (HUN) $19.84 -1.73%
Huntsman (HUN) loses 54 cents to $19.65 and options volume is approaching 10X the average daily, being driven by a three-way spread. 12000 May 18 calls traded at $1.85 while the June 16 – 19 risk reversal trades at $1.25, 12000X. It’s very similar to a trade seen one month ago, when an investor bought [...]
Dow Chemical Co (DOW) $40.65 +1.99%
Large ratio put spread trades in Dow Chemical on the Pcoast (NYSE-Arca) exchange a few minutes ago, as a customer sold 30,000 Jun 35 Puts against a buy of 10,000 Sep 37 puts of a net debit of 81cents. Junes likely close a protective put position put on March 14th when paper bought 10k for [...]
Mosaic Company (MOS) $71.16 +0.44%
Mosaic (MOS) adds 17 cents to $71.02 and a ratio spread is initiated after an investor buys 5,800 May 75 calls at 86 cents and sells 11,200 May 80 calls at 24 cents. Open interest is sufficient to cover, but this might be a bullish short-term trade after a one-month 14.2 percent slide in the [...]
Dow Chemical Co (DOW) $40.79 +0.20%
29,000 calls and 2,600 puts traded in Dow Chemical (DOW) today. Shares are up a penny to $40.72 and the May 38, May 42 and Jan13 35 calls are actively traded. The top trade of the day is a May 39 – 41 call spread at $1.34, 8700X on ISE. It might roll a position [...]
