Zynga options lead single stocks with 30,000 contracts trading in first 15 minutes of the day. Shares up nearly 7%, boosted by an upgrade out of UBS (source: TheFlyontheWall.com) and 5 strike calls in Feb and March lead the action. Sweep buyer paid 30c for just over 3000 March 5 calls as shares hit $4.90, [...]
Virnetx Holdings sees higher volumes. The stock is spiking, up 44 cents to $18.40, on volume of 382K shares. Options volume is 2.5X the daily average. 9870 calls and 340 puts so far. Sep 24 and Jun 25 calls are the most actives, but no news on the ticker to explain the action thus far.
Sweep put buyers in Skyworks Solutions. The stock is down 93 cents to $29.32 and 1,435 Mar 28 puts were swept on the chipmaker for 75 cents and, four minutes later, another 1,008 for 80 cents. 3,207 now traded against 72 in open interest. The market is 75 to 85 cents. The company gapped higher [...]
Advance Micro Circuits attracts increased call activity. The stock is down 75 cents to $10.05 and falling to session lows in active trading of 2.2 million shares. Options volume is running 5X the daily average. 6,390 calls and 445 puts so far. Recent trades include a 2000-lot of Mar 12.5s for 25 cents when the [...]
Cisco sees sizable sweep put buyer. The stock is up 15 cents to $21.80 and 11,434 Mar 21s are swept across multiple exchanges for 54 cents and then a 6,047-lot traded for 56 cents on Pcoast. And, just minutes ago, it looks like an investor was selling 12910 Mar 23 calls on Cisco at 40 [...]
Textura shorts getting squeezed ahead of earnings. The company is due to report after the bell and the stock is up $2.7, or 8.3%, to $35.42 in relatively active trading of 877K shares. Recent options trades on the business software company inculde a sweep of 2,000 Feb 35 puts for $2.45 when the bid-ask was [...]
Altera attracts increased call activity. The stock is up 69 cents to $33 in active trading of 4.2 million shares and options volume is running 3X the daily average for the semiconductor equipment-maker. About 12,000 calls and 1,800 puts so far. The top trade is a 2000-lot of Jun 35 calls for $1.35 when the [...]
Symantec sees higher options volume for a second day. The stock is up 26 cents to $23.55 and 2,792 Feb 22 puts as well as 2,081 Feb 23 puts traded on the security software-maker. Mar 25, April 26 and Feb 24 calls are also seeing interest and overall volume includes 12,000 calls and 8600 puts. [...]
Opening action in Fusion IO. The stock is up a nickel to $10.59 and a Sep 12 – 17 call spread is apparently being bought on the storage device-maker for $1.125, 4000X. If so, the new position seems to be expressing confidence that the stock can rebound from recent losses through mid-September. FIO is down [...]
Tessera call buyer as shares lift in face of broad selloff. 1830 calls traded in opening 10mins (vs zero puts) as a buyer paid 50c for Feb 20 calls and 1.175 for Feb 19 calls. Earnings expected 2/5.