Call options on Intel remain actively traded after the stock rallied 9.2% and moved to new multi-year highs on earnings yesterday. More than a half million calls traded on the chipmaker Wednesday. The stock is giving back 1.9% to $34 today and 176,000 calls (79,000 puts) traded in Intel so far. One player bought a [...]
Active trading in Gogo calls. The stock is up 12 cents to $16.25 and 8010 Aug 22s on the onflight internet company are swept across multiple exchanges for 25 cents. 9,677 now traded against 1,746 in open interest. The market has lifted to 35 to 40 cents. Aug 20 calls on GOGO have traded 2,710 [...]
Pre-earnings put spread in Microsoft Weekly (7/25) contracts ahead of a July 22 profit report. The stock is up 86 cents to $44.94 and one of 11 stocks helping the Dow move to new records. The Weekly (7/25) 42 – 43 put spread on the software-maker for 15 cents, 20000X. It might roll a position [...]
Bullish flow in Blackberry. The stock is off 8 cens to $9.89 and a 10000-lot of Sep 12 calls trades on the mobile device-maker for 29 cents on AMEX when the bid-ask was 28 to 29 cents. 22,540 now traded vs. 14,027 in open interest. The market is now 29 to 30 cents. The interest [...]
NOK NOK, who’s there.. Call buyer, BIG call buyer. With less than a minute in the day a sweep buyer paid a penny thru the 45 cent offer for 20K NOK Jan 8 calls to open a new postion. Earnings expected next week.
Big print in Fortinet. The stock is up 15 cents to $24.20 and a 21,500-lot of Jul 24 calls on the security software-maker is sold at 45 cents per contract. It’s tied to stock on a 60 delta (1.3 mln shares) and probably covers positions opened last week for 45 cents. The activity at that [...]
Morning sweep call buyers in RF Micro. The stock is up a nickel to $9.9 and 1,500 Jul 10 calls on the chip-maker are swept across multiple exchanges for 15 cents when the bid-ask was 10 to 15 cents. It might be closing. 2,500 traded total against 5,015 in open interest. 1,000 Aug 10 calls [...]
Noteworthy call activity in Microsoft. The stock is up $1.45 to $43.90 after Intel’s better-than-expected results sparked optimism for tech earnings. Microsoft will report on 7/22. One player seized the strength in MSFT today to sell 21,000 Aug 43 calls on the software-maker at $1.09 and buy 69,000 Aug 45 calls for 34.5 cents. The [...]
Sizable early sweep in Cisco. The stock is up 25 cents to multi-month highs of $25.92 and 10000 Sep 26 calls on the networking giant trade across multiple exchanges for 80 cents when the bid ask was 77c to 80c. Open interest is 17,049 and the flow might be repeat buying from 7/1 when the [...]
Opening activity in MagicJack short term calls. The stock is up 38 cents to $14.33 and 1,590 Jul 12.5s have changed hands. Open interest is 78. Looks like CALL buyers. Earnings due in the first week of August.