Small Cap Stocks
Oasis Petroleum option volume heavy and directionally bearish. Nearly 50K contracts have traded today with puts leading calls 2:1 as shares slide nearly 8% to 12.72 in heavy spot volume of 20M shares. Large spreads driving much of the flow, including a seller of the Aug 16-19 call spread several thousand times for 70 to [...]
American Capital Agency attracts a hefty call write. The stock is up 13 cents to $21.92 and a 21000-lot of Apr 22 calls on the residential REIT is sold at 11 cents per contract, to open. It’s tied to shares on a 29 delta and maybe replacing 17000 Mar 22 calls on AGNC that came [...]
Sizable long-term spread in Scientific Games. The stock is off 14 cents to $10.93 and a Jan2017 20 – 30 call spread on the gaming technolgoy company is bought for $1.25, 10000X (tied on a 20 delta). 31,500 traded total and there’s more than 90K in open interest at both lines. So today might be [...]
Ceasers sees higher call volume led by spread trading. With shares up 28 cents to $9.72, the investor pays 30 cents for the Weekly (3/27) – Weekly (4/2) call spread on the casino operator, 5000X. The action appears to be rolling a block of calls to 4/2 from 3/27 and expressing the view that shares [...]
Sandridge Jan 2 calls trade 10490X. The stock is up 6 cents to $1.70 and the flow has been multi-exchange sweeps for 30 cents when the bid-ask was 29 to 30 cents. Data from ISEE reporting opening-customer-sellers. If so, it might repeat from 3/19 and 3/20 and is possibly over-writing against shares of the oil [...]
AuRico Gold attRacts an opening put buyer. The stock is up 8 cents to $3.06 and a 12000-lot of Sep 3 puts on the gold miner trades for 52.5 cents. It might be a hedge and or replacing some of the 15,744 of open interest in Mar 4 puts on AUQ that are expiring today.
Call buyer in Five Below as shares pop 30c. Buyer paid a nickel through the $1 offer for 1775 May 35 calls as shares traded 31.59 this morning. Opens a new position in the retailer who will report earnings next week.
Increasing volume in Immunodemics led by a time spread. The stock is off 4 cents to $4.10 and the May – Aug 5 call spread on the biotech trades for 62 cents, 2500X on ISE. A customer bought the spread and is opening both legs, according to ISEE data. If so, the new position is [...]
17000-lot of May 6 calls on Cliff Natural Resources is opened as shares fall to 10-year lows. The stock is off 15 cents to $4.39 and the investor is apparently buying the calls to open, maybe on the view tha the 35.8% month-to-date slide in shares of the metals and minerals company is overdone. Meanwhile, [...]
Goodrich Pete with early put buyers. The stock is off 15 cents to $2.88 and 1,131 Apr 2.5 puts on the energy company are swept across multiple exchanges for 30 cents when the market was 20 to 30 cents. It’s opening. Buyers are apparently opening in Apr 3 puts on GDP as well. 2,184 contracts [...]