Mid Cap Stocks

Pinnacle Entertain (PNK) $36.46 +1.50%

Repeat action in Pinnacle Entertainment as shares move to new highs. The stock is up 57 cents to $36.49 and an investor is apparently selling Sep 32 puts to buy Sep 36 – 41 call spreads, paying 80 cents, 1000X. Flow is similar, but smaller size, as activity seen in the Sep 29 puts, Sep [...]

April 2, 2015 | 0 Comments More

American Capital Ltd (ACAS) $14.76 -0.20%

Stupid spreads drive heavy call volume in American Capital. Shares little changed near $14.71 and a customer bought two 3-legged call stupids, paying $3.15 for 7200 of the Nov 16-17-18 and Jan 15-17-20 calls (bought all strikes) against a sale of 1,152,000 shares at 14.65. Novembers all open, and based on flow history the January [...]

April 1, 2015 | 0 Comments More

Rowan Companies Inc (RDC) $18.07 +2.03%

Big print in Rowan Company. The stock is up 37 cents to $18.08 and a 10000-lot of Jan 13 puts on the oil driller is bought for 95 cents per contract. It opens the largest block of open interest in the name and is maybe part of a hedging strategy.

April 1, 2015 | 0 Comments More

Pilgrims Pride Corp (PPC) $23.53 +4.16%

Relative strength and increased options action in Pilgrims Pride. The stock is up $1 to $23.59 after Bloomberg reported the company might look to make acquisitions. The top trade on the meat company is a 2472 May 25 calls for 75 cents, just after the opening bell, on CBOE. 4,160 traded total. May 26, May [...]

April 1, 2015 | 0 Comments More

Swift Transportation Company (SWFT) $25.88 -0.54%

Swift Transportation sees notable put volume yesterday. The stock was off 2.6% to $26.02 and a 15000-lot of Nov 23 puts on the trucking company is opened for $1.70 when the market was 1.30 to 1.75. It was tied to 420K shares at $26.30 and seems to be expressing the view that shares might remain [...]

April 1, 2015 | 0 Comments More

Lions Gate Entertainment Corp (LGF) $33.85 +1.77%

Relative strength and upside call buying in Lion Gate Entertainment. The stock is up 2% to $33.90 after the company announced a partnership with Dubai Parks and Resorts for Hunger Games theme park attractions. Afternoon options trades on the entertainment company inlcude a sweep of 2,238 May 35 calls for 85 cents when the market [...]

March 31, 2015 | 0 Comments More

SINA com (SINA) $32.15 -0.56%

Sizable spread in SINA. Wtih shares down 18 cents to $32.15, the Jan 22.5 – Jan2017 20 put spread on the Chinese online media company is bought for 88 cents, 4500X. Open interest is sufficient to cover in both strikes, but the diagaonal spread is maybe a roll of (long) puts to 2017 from the [...]

March 31, 2015 | 0 Comments More

Skechers USA (SKX) $72.95 +2.13%

Deep out-of-the-money put buyers in Skechers as shares scoot to 52-week highs. The stock hit $74.25 today and is up $1.60 to $73.03. The top options trade on the footwear-maker is a sweep of 10650 Jan 40 puts for 72 cents per contract when the market was 55 to 75 cents. Smaller lots traded for [...]

March 31, 2015 | 0 Comments More

J C Penney Company Inc (JCP) $8.15 +4.09%

Second day of active trading in JC Penney call options. 8-strike calls in the Weekly (4/2) and April terms saw noteworthy flow yesterday (see 3/30 color). The stock is up 33 cents to $8.16 and gapped higher at the open after Piper Jaffray raised their price target on the retailer. Some positions in the Weekly [...]

March 31, 2015 | 0 Comments More

H and R Block Inc (HRB) $31.93 +0.69%

Higher call volume in H&R Block with shares trading up 22 cents to $31.93. A sweep of 2,047 Jul 31 calls on the tax preparation company trades for $2.25 when the market as 2 to 2.25. it opens. More than 3,000 traded at that strike. Bullish flow in HRB today comes two weeks before the [...]

March 31, 2015 | 0 Comments More