Mid Cap Stocks
MannKind put buyer opens large position. Customer bought a total of 20K March 10 puts for 3.90 tied to 6.46 stock, 1up. Opens the largest put position in the name that is expected to report earnings Feb 17.
Hefty trade in Frontier Communciations. The stock is up 6.2% to $7.13 and a 21000-lot of May 8 call options on the wireless company is sold at 8 cents per contract. 20,453 traded total against 571 in open interest. The new position appears to be stating the view that shares aren’t likely to rally beyond [...]
Cameron calls outpace puts by more than 100:1. Roughly 17,000 calls and 160 puts trade on the oil and gas company. The flow includes a morning buyer of 4430 Mar 47.5 calls for $1.55 on AMEX. Later, a 6000-lot of Feb 47.5 calls traded for 80 cents when the market was 65 to 85 cents. [...]
Marvell Tech calls outpace puts nearly 50:1. Roughly 22,000 puts and 450 calls traded on the chip-maker. The stock is up 33 cents to $15.60 and seeing relative strength today on renewed M&A chatter (FlyOnTheWall). 6,200 expiring Weekly (1/30) 15.5 calls traded in the name. Mar 15, Weekly (2/6) 15.5, and Mar 17 calls are [...]
Ashland April calls attract interest Friday. The stock is off 20 cents to $117.18 and a 10000-lot of Apr 115s on the chemicals company trades at $5.40 on ISE when the market was 5.40 to 5.60. Looks like a seller and ISEE data indicating an opening position, traded firm-to-firm. 12,000 now traded at that strike. [...]
Big print in shipping company Golar LNG. The stock is off 45 cents to $29 and an investor buys a 10000-lot of Jan2016 35 calls on GLNG for $4.925 per contract. It opens and we’re hearing the options are tied to shares (on 52 delta). An investor is possibly replacing stock with upside 2016 calls [...]
Late rush in ADT calls. Shares near 34.76 and buyer(s) just paid 25c for 1600 April 43 calls, followed quickly by 30cents for 1400 more.
Spirit Airlines sees higher call volume. The stock is up $2.83 to $79.74 anbd total options volume is roughly 6,500 calls/250 puts. Feb 75 calls have traded 3,568 contracts, including a 2000-lot for $5.30. Feb 95, Mar 80, Feb 80 calls are the next most actives in the name. Bullish flow comes as shares rally [...]
Opening activity in Weekly calls on 3D Systems that expire tomorrow. The stock is off 4 cents to $29 after 6-month 45.5% skid. Trade Alert systems detected an afternoon sweep of 3,504 Weekly (1/30) 30 calls for 8 cents when the bid-ask was 4 to 8 cents. 3,858 traded total against 1,203 in open interest. [...]
Avis attracts increased call activity. The stock is down $1.41 to $57.65 amid weakness in the auto rental names (HTZ, URI) and an investor pays 80 cents for the Feb – Mar 62.5 call spread on CAR, 8593X. The activity appears to roll a block of (long) calls out to Mar from Feb and, if [...]