Oil & Gas
McMoRan Exploration Co (MMR) $13.83 -0.58%
McMoran (MMR) loses 3 cents to $13.88 and a Mar – Apr 12 put spread is apparently bought on the stock for 54 cents, 5700X. The same spread was active yesterday and created about 20,000 in new open interest in the April 12 puts. The action in March appears closing and one more move investors [...]
Halliburton Co (HAL) $38.08 +2.84%
Halliburton (HAL) adds $1.03 to $38.08 and an April 35 – 39 call spread is sold on the stock at $2.30, 3000X and might close a position after the four-day 8.1 percent winning streak in shares. Later, an Apr 42 – 44 call spead is sold on the oil driller at 29 cents, 7000X, and [...]
Continental Resources Inc (CLR) $90.15 +0.76%
Continental Resources (CLR) adds 59 cents to $90.06 and a Mar 80 – 75 (2X1) put ratio spraad is apparently bought on the stock for even money, 3150X ahead of earnings — tomorrow afternoon. Shares rallied 7 percent on 11/3 after earnings were last reported, but fell 14 percent the time before that.
Williams Companies Inc (WMB) $29.48 +1.27%
Pre-earnings action in Williams Brothers suggests a view that shares may see a pop to the upside after numbers are released wednesday post close. Shares are up nearly 1% to 29.35 and a buyer has paid 32cents for nearly 5000 March 30 calls to open a new position. The weekly straddle that expires friday is [...]
Flotek Industries Inc (FTK) $10.29 +0.10%
Flotek (FTK) adds 4 cents to $10.32 and a Feb 10 – 12.5 put spread is bought on the stock for $2.30 and 5,000 Mar 12.5 puts sold for $2.45. Looks like a roll, and closing out a position in a Feb put spread sold-to-open at 62.5 cents, 5000X on 1/11. Shares are down about [...]
Devon Energy Corp (DVN) $74.93 -0.12%
Devon Energy (DVN) loses 10 cents to $74.92 and one strategist sold 4500 Mar 67.5 – 72.5 (1X2) call ratio spreads to buy 4,500 Mar 55 puts, collecting 10 cents on the three way, and probably exiting a position opened a few weeks ago. At the time, the same spread traded for 49 cents (see [...]
Southwestern Energy (SWN) $35.73 +3.47%
Southwest Energy (SWN) adds $1.21 to $35.74 and is on 10-day 17.5 percent winning streak. More than 108,000 call options have traded on the stock Thurdsay. March 34 and 36 calls, which have both traded more than 40000 contracts, are the most actives. Some investors are possibly rolling in-the-money calls to out-of-the-moneys after the stock’s [...]
Northern Oil and Gas Inc (NOG) $23.60 -0.17%
Players have been buying Mar 19 puts on Northern Oil and Gas (NOG). Shares of the Wayzata, MN oil and gas companya are down a dime to $23.54 and the top trade is 1009 for 70 cents on ISE. Data indicate an opening buyer. 1,484 were bought to open so far on ISE. Total volume [...]
Weatherford International Ltd (WFT) $17.32 -2.91%
Big Print in Weatherford (WFT) after 50000 Jan 20 calls traded on the oiil driller at $2.02 on ISE when the market was $2.01 to $2.10. Shares are up 52 cents to $17.32 and data from the ISE indicate an opening position traded firm-to-firm. A block of 2.3 million shares traded at $17.66 within minutes [...]
Southwestern Energy (SWN) $33.63 +0.12%
Call volume in Southwest Energy (SWN) is approaching 100,000 today. 14,000 puts traded on the stock and share volume, at 3.2 million, is only about half the typical volume for the name. Morning trades include a three-way, in which 2,500 February 34 calls were sold on the stock at 68 cents and 7,500 March 31 [...]
