Small Cap Stocks
Calls outpace puts in Plug Power by 10:1. The stock is up 9% to $5.16 in active trading of 12 million shares amid relative strength in alternative electrical/battery names (BLDP and FCEL are also rallying). 26,000 calls and 2,600 puts traded in PLUG. 4,800 Weekly (11/7) 5.5 calls traded in the name. Dec 5, Weekly [...]
Associated Estates Dec 20 calls trade 1000X (in a sweep for 50c) ahead of earnings tomorrow afternoon. Looks like an opening buyer, driving overall optoins volume to 42.5X the norm. Shares of the residential REIT are off 9 cents to $19.29 after notching 52-week highs Friday.
Weight Watchers with longer-term deep out-of-the-money put activity. With the stock off 95 cents to $27.94, a 1500-lot orf Jan2017 13 puts on the diet company trades for $3 when the bid-ask was $2.25 to $3. 2000 traded total. Interest in longer-term DOOM puts on WTW is not new. In fact, Jan2016 10 and 15 [...]
Ziopharm Oncology is up 3 cents to $3.27 after gaining 25% Thursday and Friday. The strength is possibly motivating upside call buying in the biotech, as 4,100 Jan 5s have traded in the name so far. Smaller lots printed for 50 cents before a 3,077-block traded for 55 cents when the bid-ask was 45 to [...]
Diana Shipping draws repeat call buying despite a downgrade. Shares are off 6.8% to $8.07 after Deutsche Bank cut the stock to Hold with a $10 price target. One player seized the weakness to buy a 3000-lot of Nov 9 calls on DSX for 13 cents per contract. 3,185 traded total. Today’s flow appears to [...]
Timely put buyer in NQ Mobile before Muddy Waters Research whacked the stock with another negative mention. Shares were trading for $10.35 this morning after the company filed its 20-F with the SEC and 1,365 Jan 5 puts on the mobile internet company were swept across muliple exchanges for 30 cents. The rally has run [...]
Big spike in Digital River motivates increased call activity. The stock is up $8.16 to $25.54 on reports the company is being acquired by an investor led group for $26 per share in cash. Nov 18 calls are the most actives in the name. 5,397 traded and it appears that investors are liquidating positions. The [...]
Dryships draws a sizable put write. The stock is down 25% to $1.50 after the company announced a stock offering and a 20000-lot of Jan2016 1 puts on the shipping company is being sold-to-open at 20 cents per contract. 20,300 traded total against 107 in open interest. The new position seems to be expressing the [...]
AK Steel expiring weekly calls are seeing opening activity. With shares down 6 cents to $7.13, 1,000 Weekly (10/24) 7.5 calls are swept across multiple exchanges for an average of 3.6 cents. 1,027 taded against 701 in open interest and the market is 1 to 4 cents. Looks like buying.
Dreamworks call volume 9x normal as shares lift 3.3% to 22.94 in light spot volume. Buyer paid 1.40 for 5000 Dec 24 calls tied to a block of 220K shares at 22.80. Options open a new position in front of earnings, due next Weds 10/29. Recall a $32/share deal with Softbank earlier this year fizzled [...]