Cisco Nov 24 puts see interest for a second day. One player apparently bought-to-open 20,700 contracts for 26 cents yesterday morning. 26,800 traded total and open interest increased by more than 23K. Shares are off 3 cents to $25.23 this morning and 4,700 of the same puts were swept across multiple exchanges for 22 cents. [...]
Twitter options volume twice normal with earnings an hour away. On pace for 400K contracts today with calls leading puts 4:3 and 61% of today’s volume in weeklys that expire this Friday. Shares near 48.60, the center of their 52wk range of 30.50 to 73.31, and today’s volume is on track for the best since [...]
FireEye Weekly (11/7) 32 calls trade 3086 contracts. With the stock up 20 cents to $31.08, the top trade is a 2000-lot for $1.70 on PHLX when bid-ask was $1.45 to $1.70. Looks like a new position and will capture a Nov 4 earnings report.
Followup on Logitech call flow. Buyer paid 65c for 2323 Nov 13 calls in a sweep at 2:06ET when shares were 12.69, then paid 70c for another 2300 on the PHLX several minutes later when shares were 12.76. Nearly 5900 calls have traded today, 200x normal for the stock, with flow opening the largest block [...]
Longer-term call buyer in Corning. The stock is off 6 cents to $18.47 and a 10000-lot of Jan2016 22 calls on the specialty glass-maker is bought for 88 cents per contract. Open interest is sufficient to cover, but today appears to be repeat buying. Trade history shows the same calls were being bought-to-open on 10/29/2013, [...]
Logitech call buyer snaps up 2300 calls ahead of earnings. Paid 65c for 2300 Nov 13 calls to open a new position. Trade is 100x the average daily call volume in the computer peripherals maker. Nov straddle priced near 13% of spot suggests a reaction in line with the recent four quarters which were all [...]
Call buying in King Entertainment. With the stock off a nickel to $11.39, 2,447 Nov 12.54 calls on the entertainment company are swept across multiple exchanges for 60 cents when the bid-ask was 50 to 60 cents. A customer bought-to-open, according to ISEE data. 3,264 changed hands total. The flow will open one of the [...]
NetApp calls lead puts 10:1 in heavy volume as shares lift. Shares near $40 (+1.8%) and 12K calls have traded at midday, with 13% out-of-the-money Nov 45s leading the activity and buyers paying 20 to 25c. Earnings expected Nov 12.
Cisco calls are seeing interest Tuesday. With the stock up 2.7% to $23.55, recent trades on the networking company include a sweep of 2,020 Nov 25s for 19 cents when the bid-ask was 17 to 19 cents. Meanwhile, Weekly (10/31) 24 calls are the most actives in Cisco, with more than 13K traded. Weekly (11/14) [...]
Calls dominate Yahoo options trading with earnings about an hour away. Shares up nearly 2% at 40.06 and 230K calls have traded by 3pm ET, vs 95K puts, with 32% of the flow involving weeklys that expire this Friday. 40 strike straddle is trading near 5.8% of spot, suggesting a move in line with last [...]