Spike in Ruckus Wireless and repeat options activity. The stock is up 54 cents to $11.54 and 4,390 Mar 12.5 calls traded in the name. Aug 15, May 12.5, and Ap 12.5 calls are the next most actives. 6,772 calls and only 18 puts traded in the name. The stock saw increased options activity last [...]
Investors like Facebook call options Wednesday. The stock is up 93 cents to $79.38 amid strength in some of the social media names (ZNGA, LNKD) and calls on FB outpace puts more than 3:1. Roughly 208,000 calls and 61,000 puts so far. More than 27,000 Weekly (2/27) 80 and 25,000 Mar 80 calls have changed [...]
Active trading in Aruba Networks. The stock was halted for volatility and is up $1.90 to $20.28 on a talk HPQ is looking to acquire the company (unconfirmed). 5,300 calls and 400 puts traded on ARUN. 2,260 Mar 20s have changEd hands. Mar 18, Mar 19, Apr 19 calls are the next most actives.
Second day of bearish flow in NVIDIA. More than 14,100 May 16 puts on the graphics chip-maker were opened yesterday (see 2/25 color). The stock is down 16 cents to $22.15 today and a 10000-lot of Apr 16 puts on NVDA is bought for 6 cents per contract. It opens. Jun 15-strike, Apr 17, and [...]
Pre-earnings position in Catamaran. The stock is up a nickel to $53.03 and the Apr 50 – 55 bullish risk-reversal on the healthcare information technology company is bought for $1.25, 3500x. It opens the largest blocks of open interest in the name and seems to be expressing confidence in CTRX ahead of the profit report, [...]
Active trading in NVIDIA puts. The stock is up 12 cents to $12.28 abnd recent options trades onthe graphic chip-maker includes a 12200-lot of May 16 puts for 9 cents when the bid-ask was 7 to 9 cents. 15,171 traded total and there is n o existing open interest at that strikes. Smaller lots of [...]
Sizable print in Ciena. With the stock up 26 cents to $20.29, a 10000-lot of Mar 20 calls on the networking company is bought for $1.12 per contract. It will create the largest block of open interst in the name and is untied. Mar 19 calls on CIEN are also drawing interest. Bullish flow in [...]
Hefty spread in H-P ahead of earnings. The stock is flat at $38.19 and a buyer is opening the Mar 38.5 – 42 call spread on the computer company for 92 cents, 10000x. It looks tied to 390K shares and the interest comes ahead of a profit report, due out after the close today.
Apple attracts a call fly. The stock is up $2.17 to $131.66 and the Mar 130 – 133 – 138 butterfly spread on AAPL is bought for a dime, 4600X (bot body, sold wings). The 130s might close, as open interest that strike is 76,506 contracts and a total of 35,389 changed hands. The other [...]
Salesforce sees bearish pre-earnings flow. The stock is off 88 cents to $62.86 and 5,068 Mar 57.5 puts on the cloud computing company trades for 77 cents when the bid-ask was 69 to 75 cents. 7,378 have changed hands total against 2,692 in open interest. The market is now 74 to 79 cents. The company [...]