Mid Cap Stocks
Herbalife (HLF) adds 75 cents to $44.41 and a Nov 45 – Jan 60 call sprad is bought on the stock for $3.75, 2000X. The spread has traded 5600X on the day and appears to be a repeat of activity Monday, when the same spread was being bought for $3.35 and more than 5000 contracts [...]
JDS Uniphase (JDSU) drops 23 cents to $13.30 in the wake of disappointing earnings from Rackspace (RAX) and morning trades on JDSU include a sweep of 6,700 Jun 13-strike puts for 52 cents per contract. An investor bought, to open, according to data from ISEE. More than 9,500 now traded against 1,454 in open interest. [...]
Peabody Energy (BTU) was up 43 cents to $20.90 yesterday and a Jun 21 -23 call spread was bought on the coal producer in afternoon trading, for 70 cents, 5100X. More than 9000 traded on the day and was opening activity. The stock fell to 52-week lows a few days after earnings were reported on [...]
Tronox (TROX) adds 48 cents to $21.38 and a noteworthy options trade on the Stamford, CT titanium producer today is a Nov 22.5 – 30 call spread, bought for $1.70, 9500X. The activity will create the largest blocks of open interest in the name.
Lamar Advertising (LAMR) touched 52-week highs early, but is down 66 cents to $47.94 in the wake of the company’s earnings report. Trading in the options on the stock is running almost 20X the daily average. One investor apparently bought 9,300 July 45 puts on the stock for $1.50 and sold 10,000 July 38 puts [...]
Owens Corning (OC) ticks 28 cents higher to $43.34 and afternoon options trades on the stock include a sweep of 1,074 Aug 45 calls for $1.55 per contract across multiple exchanges, followed by another 2,256 for $1.60. 4,069 traded total. Open interest at that strike is 4,988 and ISEE data is hinting at opening activity. [...]
Clearwire (CLWR) is flat at $3.37 and an investor in the options market seems to be expecting rangebound trading in the stock. A Sep 3.5 straddle is sold on CLWR today at 55 cent, 20000X, to open.
Chico’s (CHS) is off 35 cents to $18.83 and options order flow on the apparel retailer seems bearish today. 14,000 puts and 690 calls traded in the name so far, or 11.5X the daily average. June 19 puts are the most active. 7,190 traded against 89 contracts in open interest. The flow has been mostly [...]
AngloGold Ashanti (AU) is up 54 cents to $18.92 amid strength in the miners after gold recouped $15 to $1464. On the options front, an investor bought 12,500 Jun 28 calls on AU for a nickel and sold 5800 Oct 21 calls at 90 cents each. 12900 Oct 21 calls now traded on the stock [...]
5,500 puts and 380 calls traded on RR Donnelly (RRD), which is 4X the average daily options volume for the Chicago, IL business services company. Shares are up 18 cents to $12.44 and small lots of Sep $11 puts traded on the stock for 65 and 70 cents, before a 2500-lot printed for 70 cents [...]