Oil Equipment, Services & Distribution
Kinder Morgan (KMI) is up 73 cents to $38.65 and a 4850-lot of Jan 45 calls trades on the stock for 48 cents per contract on ISE. A customer bought, to open, according to ISEE data. 5,000 traded on the day. May 40 calls on the Houston, TX oil and gas company are seeing interest [...]
Noble Energy (NE) drops $1.21 to $35.01 and a Sep 40 – 46 1X2 call ratio spread trades on the stock for 57 cents, 3000X. It’s being opened ahead of earnings, due out shortly.
Williams Companies (WMB) drops $1.24 to $36.49 and it looks like Aug 33 puts are sold on the natural gas producer at 99 cents to buy Aug 37 – 42 call spreads for $1.53, 9750X, to open. The stock is down today, but has performed well in recent months and is up 11.4 percent year-to-date. [...]
Flotek (FTK) is down 4 cents to $16.11 and options volume on the Houston, TX chemicals company is 8.5X the daily average, being led by a Sep 12.5 – 15 (3X2) put ratio spread. The investor bought 10,000 Sep 15s for $1.20 and sold 15,000 Sep 12.5s at 45 cents each. The same spread traded [...]
Noble Energy (NE) drops 37 cents to $37.56 and options volume on the Swiss-based oil and gas driller is running 6X the daily average, being driven by a hefty 2X3 call ratio spread. The investor bought 24,000 Sep 38 calls on NE for $3.15, sold 36,000 Sep 45 calls at 97 cents each, and is [...]
Noble Energy (NE) is off 22 cents to $37.55 and one investor bought 7000 May 41 calls on the stock and sold the May 43 and May 45 calls, paying 6 cents on the three-way. Why not initiate the May 41 – 44 (1X2) call ratio spread instead? Not sure. It might cost a bit [...]
Transocean (RIG) climbs 31 cents to $50.19 and a Jan 60 – 70 call spread is bought on the oil driller, for $1.25, 5000X, to open. The bullish position is being initiated after a two-month 11.5 percent drop in the underlying.
Kinder Morgan (KMI) ticks 39 cents higher to $39.06 today after announcing plans to invest in its chemicals business. Options volume on the Houston, TX energy company is 2.5X the daily average. 6,535 calls and 1,215 puts traded on the stock so far. May 40 calls are the most active and trading in small lots. [...]
2nd day of bullish call flow in Energy Transfer Partners. Yesterday the Sep 55 calls were in demand, with nearly 12,000 tradin most for 35cents, as shares traded near 49.65. 11K new contracts were opened, making it the largest position in the energy name. Small trading for 40c this morning and block of 7500 Jan [...]
Hercules Offshore (HERO) is up 9 cents to $7.35 and early trades on the Houston, TX oil and gas company include a sweep of 1,807 May 8 calls across multiple exchanges for 35 cents when the market was 25 to 35 cents. 2,570 traded. The same contract saw activity yesterday as well, resulting in 3529 [...]