Consumer Services

Southwest Airlines Co (LUV) $34.47 -0.35%

Southwest Airlines Nov 33 – 37 – 39 call butterfly spread trades 8000X today. Shares are down 9 cents to $34.50 and the spread is being sold at $1.35 4000X and again at $1.35 on 4000 more. The fly might be an adjustment. That is, the investor is selling the Nov 33 – 37 call [...]

October 22, 2014 | 0 Comments More

Express Inc (EXPR) $14.35 +0.14%

Call volume heavy on likely roll from Jan to April. Shares of the clothing retailer are little changed near 14.36 and first hour call volume is nearly 10x normal with 4700 contracts trading, vs 11 puts. Initial flow was an opening buyer of 1624 April 17.5 calls for 1.15 as shares traded near 14.47. A [...]

October 22, 2014 | 0 Comments More

Burger King Worldwide Inc (BKW) $30.03 +2.56%

Burger King draws a new put spread. With shares up 66 cents to $29.94, the investor buys 3,000 Dec 30 puts on the fast food company for $2.55 and sells 4,500 Nov 28 put at 70 cents. The new position seems to be expressing the view that shares might fall through mid-December, but probably not [...]

October 21, 2014 | 0 Comments More

EBay Inc (EBAY) $50.31 +2.26%

EBAY attracts a hefty ratio spread. With shares up $1.07 to $50.27, an investor is apparently selling 15,300 Weekly (11/7) 49.5 calls on the online auctioneer at $1.51 to buy 20,420 Weekly (11/28) 51 calls for $1.29. The activity in the 11/28 Weeklys appears to be a new position. Meanwhile, the in-the-money 49.5 calls might [...]

October 21, 2014 | 0 Comments More

American Airlines Group Inc (AAL) $37.11 +5.37%

Airlines see relative strength and options on AAL are actively traded early Tuesday. The stock is up $1.75 to $36.97 and 11,000 calls already traded in the name. Weekly (11/7) 37s are the most actives. 3,187 changed hands. Nov 33, Jan 40, and Weekly (10/31) 38 calls are drawing interest as well.

October 21, 2014 | 0 Comments More

H and R Block Inc (HRB) $30.10 +0.64%

H&R Block draws a 5-way trade. The stock is up 22 cents to $30.12 and it looks like the investor is selling the following: 5,615 Jan 28 puts at 60 cents, 9,235 Jan 28 puts at 85 cents, and 3,072 Jan 29 puts at $1.15 while buying this: 7,435 Jan 30 calls for $1.65 and [...]

October 20, 2014 | 0 Comments More

American Eagle Outfitters Inc (AEO) $13.33 -2.77%

American Eagle attracts increased put activity. With shares off 36 cents to $13.35, a 4000-lot of Nov 12 puts on the apparel retailer trades for 25 cents when the bid-ask was 20 to 25 cents. Earlier, 1800 more traded for 25 cents. 6,300 now changed hands at that strike against 1,531 in open interest. A [...]

October 20, 2014 | 0 Comments More

Delta Air Lines Inc (DAL) $34.87 +4.65%

Another hefty ratio spread in the airline space. With Delta up $1.52 to $34.84, a Dec 40 – 43 (1X2) call ratio spread on the airliner was opened for 9 cents, 20000X. The spread has traded 40000X on the day (80K at the 43 line) and is similar to the 1X2 in American Airlines yesterday [...]

October 17, 2014 | 0 Comments More

ITT Educational Services Inc (ESI) $10.02 +79.89%

Nice timing for 20cents call buyer in ITT Education. Shares up 100% this morning to $11 and call volume yesterday was 6x normal with most of the volume printing in Oct 6 calls as shares traded near 5.50. 3400 traded total, resultijng in 2100 contracts of new open interest. Shares near $10 this morning puts [...]

October 17, 2014 | 0 Comments More

American Airlines Group Inc (AAL) $32.76 +3.38%

Hefty ratio spread in American Airlines. With the stock up $1.10 to $32.79, the investor is apparently buying 20,000 Jan 35 calls on the airliner for $2.83 and selling 40,000 Jan 41s at 95 cents. The 1X2 has taded 23000X and, if opening, would be targeting a rebound to $41 by mid-Jan. It’s possibly a [...]

October 16, 2014 | 0 Comments More
s2Member®