Mid Cap Stocks
Bulls are all over Burlington like a cheap suit. The stock is down 13 cents to $39.64 and a 7383-lot of Dec 40 calls on the retailer trades for $3.20 when the market was $2.80 to $3.40. 8,254 now traded at that strike. Another 5,100 Dec 35 calls also traded against 5,500 in open interest. [...]
Aercap Holdings call buyer opens large position. Initiator paid 1.30 for 5000 Jan 47.5 calls TIED to 145K shares at 43.30, crossed by the executing broker on the AMEX. Opens and is the largest call block to trade all year. Strike is 8.7% above spot and breakeven is just above the all-time high for shares [...]
Bullish ratio trade in China social media platform YY this morning as shares lift 3%. 3way trade on the PHLX involved a sale of the Oct 65-70 put spread (on a 2020×2530 ratio) against a buy of 630 Oct 85 calls. Net premium is near zero and the 70s may close a purchase from 9/18 [...]
Northstar Realty collar trade starting out well. Shares up 3.4% near 17.74 on word of a possible REIT reclassification and yesterday’s 5000 lot Nov 16-18 risk reversal trade (buying call) for a 20cent debit looks pretty smart as shares approach the long call strike. Yesterday’s total volume near 17K contracts was triple the normal level [...]
Put bomber hits Gold Fields Ltd this morning. Seller collected 20c on 14K Nov 4 puts to open a new position as shares traded near $4.14. Traded outright and will create the largest block of put open interest in the gold miner.
Bearish theme in the natural gas/coal producers continues. Peabody Energy is off another 45 cents to $12.84 and an investor bought a 9000-lot of Mar 11 puts on the stock. They also sold 1,088 Jan 13 puts and 3,381 Mar 13 puts. $43K was collected on the three-way and the activity probably rolls in-the-money 13-strike [...]
Staples Oct 13 puts are swept across multiple exchanges for 40 cents, 10000X. It’s opening. The market was 40 to 55 cents. The stock is up a nickel to $13.10 and the same player that sold 10000 Sep 13 puts on office supplies retailer last week is possibly opening in October after the Septermber options [...]
Bearish flow in Peabody Energy. The stock is off 12 cents to $13.37 and one player bought a 10000-lot of Mar 10 puts on the natural gas/coal producer for 31.5 cents per contract. Separately, 4,000 Mar 12 puts on the stock were swept across multiple exchanges for 75 cents and is an opening buyer (firm, [...]
Janus Capital Dec 12 puts for $1.30, 6221X. Looks like an opening buyer. 7,209 traded on the day. JNS saw a lot of put activity in July and August, which resulted in substantial open interest in Sep 12, Oct 11, and Dec 10 puts. Today’s appears to repeat the same bearish theme.
AMD attracts increased put activity. The stock is up 6 cents to $3.88 and one player bought a 30000-lot of Jan 4 puts on the chip-maker for 44 cents per contract (tied to 1.5 million shares). Open interest is sufficient to cover, but the activity is possibly repeat buying. Players were buying the same Jan [...]