Longer-term call buyer in Corning. With shares up 22 cents to $20.69, a 9200-lot of Jan2016 25 calls on the glass-maker is bought for 74 cents per contract. 10,000 traded at that strike against 23,234 in open interest. Looks like repeat activity, as buyers were opening in those same calls on 10/23/13 and 7/29/14.
Cautious action in Intel ahead of tomorrow’s 2014 Investor Meeting. The stock is down 27 cents to $34.44 and the top trade on the chip-maker is a 14,000-lot of Nov 34 puts for 33 cents when the bid-ask was 29 to 33 cents. Nearly 30,000 traded at that strike against 19,205 in open interest. The [...]
Bearish flow in Taiwan Semi, as players size up the Apr 22 puts on the chip-maker. More than 10,600 traded on the day vs. 175 in open interest. The top trade is a 5200-lot for $1.30 when the market was $1.25 to $1.30. Shares are up 30 cents to $22.35 and have added 11.4% since [...]
Blackberry Jan 10 puts attract early buyers, with nearly 7,000 contracts changing hands. The stock is down almost 5% to $10.25 on a Morgan Stanley downgrade and recent trades on the mobile device-maker include a sweep of 1,038 Jan 10 puts for 84 cents when the market was 83 to 84 cents.
17,000 puts and 3,200 calls trade in graphics chip-maker NVIDIA. The stock is up 4 cents to $19.83 and the bulk of the flow is in the December term, including more than 5,000 Dec 17s. Dec 16, Dec 19, and Dec 18 puts are the next most actives in NVDA and 30-day implied volatility in [...]
Broadcom with bullish flow for a second time in three days. Nov 43 and Weekly (11/28) 43 calls on the chip-maker were active Thursday (see 11/13 color). The stock is off 15 cents to $41.96 and buyers were apparently paying 51, 52, 53 and 55 cents for 1,000 lots of Dec 44 calls on BRCM [...]
Nov 50 calls on Microsoft doubled in the first hour of trading Monday. 8,820 contracts were swept shortly after the opening bell for 10 cents across multiple exchanges when the market was 8 to 10 cents. Then a bunch more traded for 16 and 17 cents. Volume at that strike is now 44,000 against 7,135 [...]
Solar Fun Feb 10 calls are drawing interest this morning. With shares down a nickel to $8.90, 1,291 contracts are swept across multiple exchanges for 70 cents and then another 2,942 printed for 75 cents. 5,410 traded at that strike against 105 in open interest. Looks like buyers are opening and the market is now [...]
Early sweeps of Tableau Software Nov 90 calls. With shares down 12 cents to $84.71 per share, 1,910 contracts are swept across multiple exchanges for 55 cents when the bid-ask was 25 to 55 cents. 2,363 traded total and the activity appears to be opening. It seems to be adding to bullish flow in DATA [...]
Bullish flow in NetApp. The stock is up 3.2% to $42.4 in active trading of 3.3 million shares and rebounding from the post-earnings weakness seen yesterday. 13,000 calls and 3,400 puts traded on the storage device-maker. Most of the flow is in the December term and being led by the 46-strike calls. 4,259 traded at [...]