Citi is up 16 cents to $26.17 and one player in the options market seems to think the stock can recapture some of the 31.3 percent plunge suffered over the past two months. 3800 Sep 22 – 24 put spreads (register to read more …) [...]

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Citi (C) loses 59 cents to $27.20 in active trading of 39 million shares and has now suffered a four-day 11.5 percent losing skid. Citi shares are now nearly 30 percent below their late-March multi-month highs. The options order flow (register to read more …) [...]

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JP Morgan (JPM) is off 7.8 percent to $37.56 on heavy volume of 94 million shares and the Dow’s biggest loser after the bank late-Thursday reported a $2 billion trading loss. Options on JP Morgan are seeing heavy trading as (register to read more …) [...]

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The top options trade in the first hour Wednesday is in BofA (BAC) after 50,000 May 7 puts were sold on the stock at a nickel per contract. The stock is up a penny to $8.22 and one of 27 (register to read more …) [...]

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BofA (BAC) is seeing heavy post-earnings trading activity. The stock is up 14 cents to $9.06 on volume of 129 million shares. 321,000 options traded on the bank, including 259,000 calls and 62,000 puts. Today’s most actively traded contract is (register to read more …) [...]

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JP Morgan (JPM) adds 81 cents to $43.77 and is one of 28 Dow stocks moving higher in the first hour Wednesday. Recent options trades on the bank inculde a Sep 30 – 35 put spread, bought for 54 cents, (register to read more …) [...]

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BofA (BAC) adds 8 cents to $9.68 and is bucking the bearish trend today, but volume is 162 million shares and well below the typical volume for the bank (which is about 215 million). Options volume is also light, but (register to read more …) [...]

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Citi (C) is 11 cents higher to $37.01 on light volume of 14 million shares. Weekly 3/23 puts and calls on the stock have some pinning potential, as open interest in the at-the-money 37 straddle is a combined 25,000 contracts. (register to read more …) [...]

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BofA (BAC) made another stab at the $10 “psych” level this morning, but was recently up a nickel to $9.85. Still, sentiment seems bullish as morning trades on the bank include a buyer of 25000 BAC Aug 12 calls for (register to read more …) [...]

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BofA (BAC) has added 18 cents to $9.98 and is approaching $10 for the first time since July of last year. The stock is on a five-day 24.9 percent winning streak and it looks like some investors expect additional gains (register to read more …) [...]

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