Relative weakness in FireEye motivates a call buyer to open a 7K lot. The stock is down $1.20 to $27.45 and 7K Nov 30 calls on the security software-maker are bought for $1.17 per contract. The investor also sold 250K shares and the interest comes ahead of earnings on 11/4. 8.5K Nov 30 calls and [...]
Applied Materials attracts an in-the-money put writer. The stock is flat at $16.53 and 20K Jan 18-strike puts on the chip equipment company are sold down to $1.85 per contract. The $3.7M in premium is untied to shares and opens a position struck 9% above the spot price. It comes a few days after Goldman [...]
Morning put buyers in Corning. Shares are up a nickel to $18.87 and 5.7K Jan 19 puts on the specialty glass-maker trade for $1.08 on ISE. A customer is buying-to-open, according to ISEE data. 10.1K traded total against 5.8K in open interest. Bearish flow in Corning comes after a two-day 8.2% post-earnings spike in shares.
Relative weakness and early interest in Intel puts. The stock is down nearly 2% to $34 and a 6.5K block of Jan 34 puts on the chip-maker trades for $1.74 on ISE when the bid-ask was $1.68 to 1.75. More than 16.5K traded at that line, as buyers appear to be opening positions. Weekly and [...]
KLA Tencor options volume is 8X daily average driven by a deep out-of-the-money put buyer. The stock is up 42c to $65.76 and 20K Mar 25 puts on the chip equipment company are bought for 5c per contract. The unusual new position opens the largest block of open interest in the name and is struck [...]
Arista Networks put:call ratio tops 400 early in the session as shares slip. Shares near $65.26 and 5000 Nov 60 puts were bought this morning, from 1.70 up to 1.85 in two big sweeps. Opens a new position struck 8% out of the money, with earnings set for next week.
Deep out-of-the-money call buyers jumping into Juniper options. The stock is off 16c to $31.38 and 3.5K Jan 35 calls on the networking company trade for 34c when the bid-ask was 28 to 36c. 4K traded at that strike and the activity is opening. 2.1K Dec 34 calls also changed hands. Bullish flow comes ahead [...]
Long term call buyer takes advantage of 10% post-earnings selloff in Twitter. Shares near $28 and a buyer paid 59c for 6600 Jan-17 55 calls, just a few minutes after similar size traded in the Jan-17 60 calls for 36c. Total volume of 75K contracts in the first 15min of the day is 6x normal [...]
Put sellers express confidence in Brightcove ahead of earnings. The stock is off 10c to $5.20 and 12.5K Nov 5 puts on the cloud-computing company traded at 15c on ISE. A customer is selling-to-open, according to ISEE data. 19.5K traded on PHLX as well. 33.3K changed hands total against 13.3K in open interest. Put selling [...]
Juicy Apple trade ahead of earnings. The stock is up 35c to $115.63 and the Nov 124 – 125 call spread on the tech company trades for 20c, 40000X on ISE. A customer bought-to-open the spread, untied. The action represents the two largest options blocks traded across the market today and is expressing an aggressively [...]