Food & Beverage
Mondelez International Inc (MDLZ) $27.44 +0.48%
Mondelez Intl (MDLZ) ticks 9 cents higher to $27.40 and early trades on the Deerfield, IL packaged foods company includes a 5000-lot of June 24 puts for 27 cents per contract. It’s opening buyer and tied to 65K shares for $27.43. The stock has performed well lately, up 8.6 percent in the past two weeks. [...]
Constellation Brands (STZ) $36.04 -0.06%
Constellation Brands (STZ), which saw bearish trading yesterday in front of earnings this morning, has come under fire in recent trade and is down a penny to $36.05. The biggest options trades on the stock continue to reflect bearish sentiment after on investor sold 5,000 Apr 45 calls on STZ at 40 cents per contract [...]
Constellation Brands (STZ) $35.20 -3.32%
Implied volatility in Constellation Brands (STZ) is racing higher ahead of earnings. The Victor, NY beverage company is due to report tomorrow morning. The stock dropped $1.26 to $35.15 ahead of the news and put volume is outpacing call activity by a ratio of almost ten-to-one, as 14K puts and 1,450 calls have traded on [...]
Smithfield Foods (SFD) $22.30 +3.38%
Smithfield Foods (SFD) adds 73 cents to $22.30 and a multi-exchange sweep of 2000 Feb 23 calls traded on the stock today for 75 cents per contract after BMO upgraded the stock to Outperform. The market was 60 to 75 cents per contract at the time. More than 2,100 Feb 23 calls now traded on [...]
ConAgra Foods Inc (CAG) $29.03 -0.58%
Conagra (CAG) drops 17 cents to $29.03 and 1875 Jan 30 calls traded on the food company for 15 cents per contract when the market was 10 to 15. Most traded on the AMEX. Open interest is 6,676 and the largest block of open interest in the name. So, the activity is possibly closing after [...]
Herbalife (HLF) Higher, Draws Call Spread Buyer
Herbalife (HLF) is up $1.92 to $30.22 in active trading of 9.3 million shares and is on a three-day 26 percent run higher after being pummeled last week and falling to 52-week lows Monday on reports Pershing Square’s Bill Ackman was short 20 million shares. On the options front, active trading in Herbalife continues. 27,000 [...]
Medifast Inc (MED) $25.53 -13.04%
Medifast (MED) implied volatility is up sharply on news the company’s CFO is resigning. Shares of the Owings Mills, MD specialty retailer are down $3.80 to $25.56 in very active trading of 508K shares (typical volume through the first hour is about 35K shares). Meanwhile, 3,800 puts and 115 calls traded in MED. Mar 21 [...]
Herbalife Ltd (HLF) $25.42 -6.78%
Overall market volume very light on the pre-xmas short day. Among single stocks, AAPL, RIMM, and BAC lead the most actives- nothing unusual there, but of not is the 4th place stock, Herbalife- normally 44th, with nearly 50K contracts trading in the first hour as shares continue their Ackman-fueled meltdown ($45 to $25 in 8 [...]
Ackman Vs. Herbalife (HLF) $26.92 -20.12%
Herbalife (HLF) is reeling again today, down $6.58 to $27.12, on heavy volume of 36.5 million shares and is seeing higher volumes/volatility for the third time this week, ever since reports surfaced that Bill Ackman was short the stock on Wednesday. Pershing Square launched a web site called factsaboutherbalife today. Meanwhile, Herbalife has responded with [...]
Herbalife Ltd (HLF) $37.41 -11.98%
Herblife (HLF) came under pressure Wednesday afternoon and implied volatility in the options on the stock saw an impressive spike after CNBC reported that Pershing’s Bill Ackman is short the stock. Ackman is expected to present his thesis tomorrow morning. Although the company’s CEO is out defending the stock on CNBC and alleging “market manipulation”, [...]
