Mid Cap Stocks
Pandora (P) is notching new 52-week highs and implied volatility in the options on the Internet radio company is elevated ahead of earnings. The stock is up 45 cents to $16.93 in brisk trading of 6 million shares. Meanwhile, about 45,000 calls and 7,200 puts traded on the stock so far. June 21 calls, which [...]
CBOE Holdings adds 47 cents to $39.78, new record highs, and a sweep of 500 May 40 calls trades on the stock for 30 cents, followed by another 500 for 34 cents. 1,084 now traded against 202 in open interest. Jun 28.25, Sep 40 and Sep 35 calls on CBOE Holdings are seeing interest as [...]
Green Mountain Coffee Roasters (GMCR) options order flow seems bearish ahead of earnings. The company is due to report on May 8 after market. The stock is up 86 cents to $58.61 and the top trade is a bearish risk-reversal after an investor sold 3,000 Sep 70 calls on GMCR at $3.20 to buy 4,000 [...]
Expeditors International (EXPD) is up $2.47 to $37.79 after the company delivered in-line earnings after the close yesterday. Revenues fell short of expectations. Still, the stock is rallying and EXPD May 37.5 calls are seeing interest. Two 2500-lots (5000 total) traded at 90 cents when the market was 90 cents to $1. More than 10,600 [...]
Blackberry (BBRY) adds 49 cents to $16.1 in active trading of 3.4 million shares and options action is picking up in the mobile device-maker Tuesday morning. 14,000 calls and 3,665 puts so far. Weekly 16 and 16.5 calls, expiring 5/3, are the most actives. May 16, Weekly 14, and Jun 15 calls also seeing some [...]
SINA rallies $6.90 to $57.20 after announcing a strategic ecommerce partnership with Alibaba. Options on the stock are busy as well, being led by a Sep 70 – 85 call spread on SINA for $1.80, 2000X on ISE. A customer bought the spread, to open, according to ISEE data. 3,000 now traded on the day.
Zynga (ZNGA) is up 20 cents to $3.33 and has erased neary all of the post-earnings loss suffered the day before. Options on the San Francisco, CA social media company remain busy as well. Recent trades include a sweep of 800 Weekly 3 calls (expiring 5/3) for 34 cents when the market was 30 to [...]
Alcatel Lucent (ALU) is up a penny to $1.41 and a 9200-lot of Jan 1.5 calls is bought on the stock for 35 cents per contract. 10,000 now traded against 7,027 in open interest. 2,300 Jun 1.5 calls also traded on the stock today. Interest in upside calls on ALU might be an earnings play, [...]
CBOE apparently having system problems. Delayed open outcry. Not time frame given. C2 is trading.
Rite Aid (RAD) adds a penny to $2.50 and 50000 Jul 2.5 straddles are sold on the stock at 47.5 cents per straddle. Looks like a new position and not tied to stock (although, last-Tuesday saw a whale of trade after a 71 million share block of RAD printed for $2.20). Today’s at-the-money straddle write [...]