Pandora (P) loses 19 cents to $10.39 and two 7500-lots of Oct 9 calls (15000 total) traded for $1.65 per contract when the market was $1.55 to $1.65. Looks like opening buying and possibly rolling out of Sep 10 calls, which have traded almost 15000 contracts against 28,107 in open interest (2nd largest in Pandora [...]
Gannett (GCI) is up 42 cents to $18.42 and new 52-week highs on heavy volume of 8.8 million shares. The stock strengthened and call volume picked up in the McClean, VA newspaper publishing company heading into a presentation at Goldman Conference at 3:45 eastern time today. A multi-exchange sweep of 5,413 Oct 19 calls traded [...]
DISH Networks loses 27 cents to $31.08 and one player dialed in to a 10000-lot of Jan14 45 calls on the stock for $1.60 per contract when the market was $1.45 to $1.60. It might add to positions opened on July 26 and 30 when the same contract was being bought for $1.30 (10000) and [...]
McGraw Hills (MHP) is up 65 cents to $54.25 and options volume on the stock is running 7.5X the daily average, with 2,780 calls and only 25 puts traded on the parent company of Standard & Poor’s so far. The flow includes a multi-exchange sweep of 1,635 Nov 55 calls for $1.40 when the market [...]
Comcast (CMCSA) adds 11 cents to $35.36 and notches 52-week highs and an 8000-lot of Jan14 25 puts trades on the stock for $1.37 per contract on ISE when the market was $1.29 to $1.37. ISEE indicating an opening position traded firm-to-firm.
CBS is up 73 cents to $36.89 and a 45000-lot of Jan 42 calls trades on the media company for 55 cents per contract when the market was 45 to 55 cents. Looks opening and tied to 885K shares at $36.74.
Lamar Advertising (LAMR) is off 29 cents to $31.79 and an Oct 29 – 32 risk-reversal trades on the stock at 60 cents, 6350X. It might close, but looks tied to 645K shares for $31.75 and possibly part of a collar strategy on the stock.
Lamar Advertising (LAMR) adds 13 cents to $32.91 and an 8700-lot of Sep 34 calls is bought on the stock for 45 cents per contract on AMEX. 11,719 traded against just 34 contracts in open interest. The stock gapped higher and rallied 9.2 percent to 52-week highs on 8/8, but hasn’t done much since that [...]
Largest block of puts seen in Viacom in more than a year, as 10000 Jan45 puts were crossed mid-market on the ISE to open a new position. Block was tied to 260K at 49.92 and exchange data shows trade was marked open firm on both sides.
Pandora (P) slips 7 cents to $9.98 and a three-way spread traded on the stock, with 391 Dec 8 puts traded at 84 cents, 391 Oct12 calls for 57 cents, and 391 Dec 15 calls at 33 cents, all on ISE. Data indicate Dec 8 puts sold to buy the Oct12- Dec 15 call spread [...]