Mid Cap Stocks
Digital Realty Trust (DLR) attacts put buyers. The ETF drops $1.15 to $45.52 amid weakness in REITs after bond yields jumped on jobs data Friday. Smaller sweeps of Apr 40 puts traded on DLR for $2.30, $2.40 and $2.50 per contract, before a 3430-lot traded for $2.50 on ISE. A customer bought, to open, according [...]
US Airways call volume running 4x normal this morning. Shares up nearly 4% to 22.92 and upside calls are the focus, with 12,000 Dec 23 calls on the tape in buyer-initiated flow, including a chunk of 8858 just bought for 1.56 outright. Weeklys also active with a buyer of 4600 11/29 23.5-25 call spreads for [...]
Zynga (ZNGA) sees call selling. The stock is down 24c to $3.46, as Twitter gets all of the love in the social media space today. Most other names in the sector are lower, incluiding ZNGA, and 35K Nov 4 calls have traded on the stock so far. Open interest at that strike is 50,460. Some [...]
Nobel flow turns to premium buying. Fred noted a call seller 20,000x in Jan 45 calls earlier today when shares were near 37.92 (likely closing part of the Jan 40-45 call spread), more recent flow is a buyer paying 39c for 2300 straddles that expire tomorrow, struck at 38- that looks like it closes a [...]
DR Horton (DHI) sees a hefty call spread buyer. The stock is off 19c to $18.50 and a Jan 20 – 21 cs is bought on the homebuilder for 28.5 cents, 15000X. It’s opening and comes ahead of earnings next week. DHI is due to report on Nov 12 and the stock has been underperforming [...]
Bearish trading in HMA. The stock is down 52c to $12.13 in active trading of 5.3 million shares and one player bought the Dec 11 – 13 risk-reversal on the stock for 20 cents, 9500X. Separately, Nov and Feb 12 puts on the stock are drawing interest and volume in the Dec 11 puts is [...]
Noble Corp (NE) sees call selling. The stock is up 75c to $38.34 and the investor sold a 20000-lot of Jan 45 calls at 7 cents per contract. It’s probably a closer. Open interest is 36,876 contracts.
The stock is off 36 cents to $9.62 and a Weekly 9 – 10 put spread trades onthe stock at 50 cents, 10000X on ISE. An investor is selling, to close, according to ISEE data. It might cover from earlier this week when three-way spreads (also selling Weekly 12 calls) traded on GRPN (see 11/4 [...]
Early call buying in Joy Global (JOY). The stock is up 94c to $58.47 in relatively active trading of 950K shares. 8,775 calls and 1,680 puts traded on the stock. The flow is scattered across a handful of Weekly and Nov calls and 30-day vols are up 11 percent to 30 on takeover chatter (Briefing).
Crown Holdings call buying this morning. Shares up nearly 1.5% to 43.91 and opening buyers active in April 44 and 45 calls.