Objective Real Time Market Intelligence
Best Buy (BBY) is up 72 cents to $41.17 and options volume is 3X the recent average daily after Goldman upgraded shares to Buy from Neutral. March 41 calls are the most actives after 17K traded ahead of the expiration. Beyond that, the top trade is a block of 3218 April 44 calls at 57 [...]
Bank of America (BAC) was trading around $17.15 in pre-market, but opened at $17 and is now down 13 cents to $16.95 (session lows) in active early trading Friday. In the options market, BAC April 13 puts are the most actively traded contract in the first 15 minutes. More than 31K traded including a multi-exchange [...]
Huge Print in Citi (C) today after an investor sold 217,000 April 4 puts at an average of 16 cents per contract. Citi is flat at $4.05 and this appears to be a new position, as open interest is 189K. 266,500 Citigroup April 4 puts now traded.
Boston Scientific (BSX) shares are down 4 cents to $6.91 and BSX puts seeing some interest early Thursday after the FDA recommends that doctors not use BSX medical devices. The FDA is not urging explants and is now aware of safety concerns, but advises against the use of devices until changes are approved. Recall that [...]
Alcoa (AA) shares rallied nearly 7 percent to $14.75 and are easily the best gainers in the Dow Jones Industrial Average on reports the company might begin to get discounts on power supplies in Italy. Alcoa said in November that it would temporarily idle smelters in Sardinia and Venice. However, under a new decree Sardinia [...]
GE, which saw more than 68,500 Mar 17.5 calls traded yesterday, is up 63 cents to $17.92 today and heading to session highs after the Fed stood pat on rates and said it expects rates to stay low for quite some time. GE shares were already higher ahead of the announcement after the company said [...]
Starbuck’s (SBUX), gapped up, touched a new 52-week high, and was recently 81 cents higher to $25.23 after UBS upgraded the stock to Buy. Options action picked up as well, with 12,000 calls and 7,000 puts traded so far. March 25 and 26 calls, which have three days of life remaining after today, are the [...]
Baidu.com (BIDU) shares have been volatile today, hitting a high of $628.50 on uncertainty about Google’s (GOOG) plans for China. Flyonthewall says we’re likely to see increasing interest in a GOOG – BIDU pairs trade, where investors sell Google and buy Baidu on the idea that what’s bad for Google Internet search is good for [...]
GE is flat at $17.04 and March 17.5 calls are busy Monday. More than 43K traded and some of the action might be closing. Open interest is 181.4K and the biggest OI position of any GE contract. However, the top trade is a block of 2738 contracts at 17 cents on the ISE, which traded [...]
Walmart (WMT) is up $1.05 to $54.95 and Mar 55 calls are among the most actives early Monday after Citigroup upgraded the stock to Buy. 13.1K traded (20% Bid / 27% Mid / 53% Ask). Another 8500 April 55 calls also changed hands. Implied volatility in WMT is steady around 14.25 as the stock runs [...]