Large Cap Stocks
Ally Financial attracts a premium seller. With shares up 31 cents to $21.29, the investor sells Jun 20 puts on the financial services company and sells the Jun 22-23 call spread, collecting 85 cents on the package, 10000X. The new position appears to be expressing the view that shares will hold between $20 and $22 [...]
Put buyers are back in NVIDIA. Shares dropped 50 cents to $21.90 and 3,267 Apr 22 puts on the graphics chip-maker traded in the first 20 minutes Wednesday. Weekly (3/27) 22.5 puts, May 22 puts, Weekly (4/24) 21.5, and May 24 puts are also seeing early interest. The largest open interest positions are Jun 15, [...]
Active trading in Petrobras call options. The stock is up 15 cent sto $6.03 after the company struck oil in Brazil’s Santos basin. 7,560 Apr 7 calls traded in the name and another 6,150 Weekly (4/24) 6.5 calls also changed hands. Jul 7 and Apr 8 calls are drawing some interest as well. Total volume [...]
Big print in Exxon late-Tuesday. Shares closed at $84.52 and an investor bought a 42,000-lot of Apr 90 calls on the oil company for 8 cents per contract. It looks tied to 330K shares. Open interest at that strike is now 58,302 and the largest in the name.
Heavy volume in short-term EBAY calls. Shares briefly traded over $60 this afternoon and 42K calls have traded today, versus 9500 puts, with 50% of today’s volume in weeklys that expire this Friday. 59 strike calls lead the action with nearly 11K trading at an average price of 55cents. Earnings expected on April 22nd.
Big spread in Williams Partners. The stock is off 50 cents to $49.22 and the Apr – Jun 55 call spread on the energy infrastructure company is bought for 95 cents, 10000X. It appears to roll a bullish position to June from Apr. Trade history shows the Apr 55 calls were accumulated over the course [...]
Big call writer in Regions Finanical. The stock dropped 13 cents to $9.42 and one player sold 30,000 May 10 calls on the regional bank, down to 12 cents per contract. The position opens the largest block of open interest in RF options and seems tob e expressing the view that shares will see limited [...]
Accenture attracts increased put options activity ahead of earnings. The stock is off $1.46 to $90.08 and 2,493 Weekly (3/27) 90 puts on the management consulting company have changed hands. 1,725 Apr 88 puts also traded in the name and May 87.5 puts have traded 608X. It appears that buyers are driving the flow and [...]
Another big spread in Applied Materials. The stock is up a dime to $24.07 and an investor sells Apr 26 calls on the semiconductor equipment company to buy the Jun 27 – 30 call spread, paying 16 cents, 25000X. Like the activity earlier today (see 12:18 color), the flow likely rolls out to the recently [...]
50K contract block of Intel calls presented as acccount swap. Broker crosses 50K INTC April 34 calls at 6cents on the Amex just after 1pm as shares traded near 30.93. Opens what will be the largest put block in April, but broker noted the trade as an ‘account swap’ which often indicates a customer rolling [...]