Small Cap Stocks
Relative strength and bullish order flow in Zulily. The stock hit a morning low of $13.19 after Goldman downgraded it to Neutral, but is now up 15c to $14.12 and 7% off its worst levels. On the options front, a 2.2K lot of Aug 14th Weekly 15 calls on the retailer was bought to open [...]
Increased put activity in Peabody Energy driven by one ratio spread. The stock is up 7c to $1.20 and an investor sells 20.1K Jan 1.5 puts on the coal company at 65c and buys 40.9K Jan 1 puts for 34c each. The flow appears to be rolling some positions opened on 7/1 when the stock [...]
AMD puts remain actively traded. 25.3K Jan 1.5 puts on the chip-maker were opened yesterday and the flow was rolling out of Oct 2 puts. The stock is down 1c to $1.79 today and 11.6K Oct 2 puts on AMD were swept across multiple exchanges in early trading for 37c per contract. A customer is [...]
Notable call buyer in Memorial Production Partners. The stock is off 46c to $12.21 and 9.8K Oct 15-strike calls on the oil and gas company trades for 15c on ISE. A customer is buying-to-open. 10K traded total and the bullish flow comes ahead of earnings, due around 8/5.
Caesars Entertainment volatility near 300% ahead of crucial bankruptcy ruling. Shares near $6.54 and traders are bracing for a massive move later this week as a judge rules on Caesar’s exposure to a subsidiary that has been in bankruptcy since January. Over the past week shares have climbed nearly 11% from lows near $6.09, while [...]
Windstream with bearish flow in its longer-term options. The stock is up 12c to $5.42 and small lots of Jan2017 3 puts on the communications company are swept across multiple exchanges for 54c and then 8K printed for 56c when the market was 30 to 54c. More than 10K changed hands at that strike and [...]
AMD attracts a big ratio spread. With shares flat at $1.79, an investor sells 10K Oct 2 puts on the chip-maker at 32c to buy 20K Jan 1.5 puts for 16c. The activity might roll in-the-money Oct puts to a large block of out-of-the-money Jan puts and, if so, the adjustment is expressing concerns about [...]
AK Steel attracts 4.5X daily average volume, driven by a hefty put spread. The stock is off 22c to $2.68 and falling to 11.5 year lows. An investor sells 16.4K Sep 3 puts on the steel-maker to buy 32.2K Jan 2 puts for 24c each. The flow probably rolls a block of in-the-money Sep puts [...]
Apollo Aug 14 calls are seeing some interest. The stock is up 26c to $13.95 and saw a morning uptick on increasing volume amid LOPE-for-APOL chatter. 1.2K Aug 14 call options on the education company traded across multiple exchanges for 55c when the stock was at $13.81. 4.8K traded total.
Aeropostale attracts increased options action, driven by one block of long-term options. The stock is off 4c to $1.55 and 35K Jan2017 1 calls on the retailer trade for 90c per contract when the market was 75 to 90c. A buyer is opening a position, tied to 2M shares, as shares probe 52-week lows. Earnings [...]