Citrix Systems Inc (CTXS) $70.68 +0.23%

Citrix Systems block leads single stocks at midday. Initiator sold 20,300 Nov 65 puts for 92.5cents tied to 477K shares at $70.40 to open a large position that will nearly double the put open interest on the cloud-focused technology company. Shares staged a steady climb over the past 6 weeks, topping out near 72.75 last [...]

September 23, 2014 | 0 Comments More

Spansion Inc (CODE) $23.29 +1.88%

Heavy call activity in Spansion. The stock is up 42 cents to $23.30 and, with shares at $22.90, 4,000 Nov 30 calls traded on PHLX for 75 cents when the bid-ask was 60 to 75 cents. It might close. 7,044 traded at that strike against 14,524 in open interest. Nov 29 calls have traded 3,567 [...]

September 23, 2014 | 0 Comments More

NQ Mobile Inc (NQ) $6.45 +11.79%

NQ Mobile calls surge amid deal speculation. 10K calls in the first two hours (vs 800 puts) as shares lift 12% to 6.47 on reports Benzinga that Bison Capital is interested. Implied vol spiking from 11 points to 122% and most of today’s flow is in 6.5 and 7 strike calls expiring Friday. NQ is [...]

September 23, 2014 | 0 Comments More

YY Inc (YY) $78.62 +3.53%

Bullish ratio trade in China social media platform YY this morning as shares lift 3%. 3way trade on the PHLX involved a sale of the Oct 65-70 put spread (on a 2020×2530 ratio) against a buy of 630 Oct 85 calls. Net premium is near zero and the 70s may close a purchase from 9/18 [...]

September 23, 2014 | 0 Comments More

EMC Corp (EMC) $29.77 +0.81%

72,000 calls traded in EMC. The stock hit multi-year highs of $30.18 earlier today on reports the company held failed merger talks with H-P. Shares of the storage device-maker are now up 22 cents to $29.75 and the top trade in EMC optionS is an 11,870-lot of Oct 31.5 calls, sold at 14 cents. 17,700 [...]

September 22, 2014 | 0 Comments More

Apple Inc (AAPL) $101.75 -0.04%

Top trades in Apple today are part of a three-way spread. The stock is up 7 cents to $101.86 on a quiet day for Apple as BABA grabs all the headlines. On the options front, an investor bought 20,000 Oct 95 puts on AAPL for 48 cents, bought 20,000 Weekly (10/24) 103 calls for $2.64, [...]

September 19, 2014 | 0 Comments More

Yahoo Inc (YHOO) $40.40 -4.00%

Yahoo Options set new volume record as BABA completes IPO. 1.3M contracts have traded at midsession which puts YHOO on track for well over 2million contracts- beating the 2008 record by 50%. Calls lead puts consistent with the runnup into the BABA IPO over the past two weeks.

September 19, 2014 | 0 Comments More

Oracle Corp (ORCL) $39.82 -4.16%

Oracle is down 4.6% to $33.64 in active trading of15 million shares on earnings and news that Larry Ellison is stepping down as CEO. Early options trades on the software-maker included a 12000-lot of Weekly (9/26) 39 puts for 18 cents when the bid ask was 16-18 cents. It’s possibly closing from 8/15 when the [...]

September 19, 2014 | 0 Comments More

Advanced Micro Devices Inc (AMD) $3.88 +1.57%

AMD attracts increased put activity. The stock is up 6 cents to $3.88 and one player bought a 30000-lot of Jan 4 puts on the chip-maker for 44 cents per contract (tied to 1.5 million shares). Open interest is sufficient to cover, but the activity is possibly repeat buying. Players were buying the same Jan [...]

September 18, 2014 | 0 Comments More

Yahoo Inc (YHOO) $41.98 -1.43%

Yahoo options see busiest week since 2008 into Alibaba IPO. YHOO leads the single stock space today with 600K contracts trading by 1:30PM ET as shares trade down 1.4% near $42, after setting new all-time highs above $44 earlier this week. Nearly 3 million YHOO contracts are expected to trade this week, nearly triple the [...]

September 18, 2014 | 0 Comments More