Eight of the ten most active equity options in the first 15 minutes Friday are in BofA (the other two are calls on AAPL). The six most active stock options so far are calls on the bank. Shares are up (register to read more …) [...]

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Citi (C) adds 66 cents to $35.87 and has recovered 53.2 percent of the loss suffered Wednesday on the heels of the stress-test results Tuesday afternoon. Recent options trades on the bank include a spread, in which 22,000 Mar 35 (register to read more …) [...]

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JP Morgan (JPM) adds fuel to the fire after announcing a dividend increase to 30 cents from 20 cents and a $15 billion share repurchase program. The news broke less than an hour after the post-FOMC statement and helped lift (register to read more …) [...]

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Some investors seem to be bracing for heightened volatility in Zions Bancorp (ZION). Shares of the Salt Lake City-based bank are up 19 cents to $28.50 today and a Mar 18 – 19 strangle was bought on the stock today (register to read more …) [...]

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Banco Santander (STD) is up a penny to $8.40 and morning trades on the Spanish bank include a multi-exchange sweep of 4,045 Mar 9 calls for 10 cents when the market was 5 to 10 cents. 4,574 now traded against (register to read more …) [...]

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Top trade in BofA (BAC) so far today is a 23000-lot of Mar 10 calls at 12 cents on ISE when the market was 12 to 13 cents. Data from ISE is reporting an opening position traded firm-to-firm. Looks tied (register to read more …) [...]

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JP Morgan (JPM) loses 24 cents to $38.22 and 25,500 April 39 calls are sold on the stock at $1.16 per contract. Like the big prints in BAC this week (see 2/21 and 2/22 color), the activity might close a (register to read more …) [...]

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BofA (BAC) adds 7 cents to $8.09 and 50000 Apr 8 calls are sold on the bank at 61 cents per contract. More than 70,000 traded and might liquidate positions opened earlier this month for 37 and 38 cents (see (register to read more …) [...]

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Second most active single stock (after AAPL) is BofA, on track for a million contracts with April 7 Calls leading the most actives. Largest block was a sale of 72,000 of these for 1.50 vs 5.8M shares at 8.27 (register to read more …) [...]

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Hefty prints in BofA (BAC) late. Shares are up 29 cents to $8.12 and continuing the 2012 surge. In late day options action, 128,000 April 7 calls traded on the $1.38 bid on PHLX and possibly part of an overwriting (register to read more …) [...]

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