Automobiles & Parts
Call Buyers Ride General Motors (GM)
GM is up 63 cents to $30.48, new 52-week highs, even as Ford shares slip into negative territory on the heels of its earnings report. Recent options trades on GM include a sweep of 20000 Weekly 31 calls for 18 cents per contract, when the market was 13 to 15 cents. Looks like an opening [...]
General Motors Company (GM) $29.17 +0.07%
General Motors (GM) drops 4 cents to $29.11 and a 7800-lot of Jun 30 calls is sold on the auto-maker at 91 cents per contract. An investor sold and might be closing after several months of lackluster trading in GM. The stock is up 1 percent year-to-date. 25,252 Jun 30 calls traded on the stock [...]
Who’s Driving the High Put Volumes in GM?
GM is up 35 cents to $29.26 and some investors are showing interest in deep out-of-the-money Jan 20 puts on the auto-maker today. Several small lots printed for 45 cents per contract and then 12,150 traded for 46 cents per contract on CBOE when the market was 42 to 47 cents. 12,977 now changed hands [...]
Delphi Automotive Plc (DLPH) $42.75 +1.02%
Delphi Automotive (DLPH) adds 63 cents to $42.95 and a 5000-lot of May 40 calls trades on the stock for $3.60 per contract. Open interest at that strike is 30,495 (about 60% of the total OI in the name) and today’s activity (looks like a purchase) might cover some positions opened on 2/13, when 10K [...]
Tesla Motors Inc (TSLA) $43.78 +0.44%
Tesla (TSLA) ticks 16 cents higher to $43.75 and a 13500-lot of Jan15 $30 calls is bought on the electric care maker for $7 per contract. The hefty premium purchase is possibly a long-term protective put play on the stock after the recent one-month 11.5 percent climb. 14800 contracts now traded aginast 365 in open [...]
Ford Motor Company (F) $13.47 -0.57%
Ford (F) drops 7 cents to $13.47 and a 20000-lot of Weekly (4/26) $14 calls is bought on the automaker for 8 cents per contract. It’s opening and was well-timed, as the market is now 11 to 12 cents. The tsock is up 15 cents since the trade printed. 21,900 Weekly (4/26) 14 calls traded [...]
General Motors Company (GM) $28.79 +1.48%
GM adds 38 cents to $28.75 and a 1500-lot of Jan 30 calls trades on the stock for $2.19 when the market was $2.14 to $2.19. Meanwhile, May 27 calls are the most actives in the auto-maker. More than 5,000 traded, including a 185-lot for $1.97 per contract, then a few smaller lots for $2.16, [...]
Big Call Buyer Looks for Goodyear Tire (GT) to Roll Higher
Goodyear Tire (GT) adds 4 cents to $12.20 and several small lots of May 13 calls traded on the tire-manufacturer this morning for 30 and 35 cents, then a 14000-lot printed for 35 cents per contract when the market was 30 to 40 cents. Opening call buyers appear to be driving the flow in the [...]
Tesla Motors Inc (TSLA) $44.88 +2.16%
Tesla (TSLA) continues to see heavy trading. Shares rallied nearly 17 percent yesterday after the company updated guidance before the opening bell. The stock is up another 24 cents to $44.17 today in active trading of 3.6 million shares ahead of a company announcement after the closing bell. Last week, company founder and CEO Elon [...]
Tesla Motors (TSLA) Guidance Triggers Short Squeeze
Tesla shares are zooming higher this morning, up nearly 13% to a new all-time high above $42 on better-than-expected sales figures and one of the largest trades from last week is doing well, as the 5000 April 40-45 call spreads bought on 3/27 for 57.5 cents when shares were near $38 is now $2 in [...]
