Aruba Networks Oct 24 puts trade 8,900 contracts vs. 1,642 in open interest. Looks like a dime is being paid to maybe hedge stock. H-P struck a deal to buy ARUN in late-Feb.
Second day of bearish flow in Integrated Device Tech. Jun 21, Jun 21, May 19 puts on the 35-year old semiconductor company saw opening activity yesterday (see 4/23 color). Shares are off 43 cents to $19.26 and smaller lots of Jun 20 puts on IDTI trade for $1.90, $1.95 and $2 before 3,348 contracts are [...]
Bullish early options flow in Nuance Comm. The stock is up 27 cents to $15.24 and 1872 Jul 16 calls on the app software company trades for 65 cents when the bid ask was 55 to 65 cents. 9,220 traded at that strike against 1,763 in open interest. The market is now 70 to 75 [...]
Sizable trade in Taiwan Semi. With the stock up 62 cents to $24.92, a 10000-lot of July 25 puts on TSM is bought for $1.50 per contract. It opens and is maybe a hedging strategy against a position in shares.
Higher options volume in VASCO Data Security. The stock is up 65 cents to $25.76 and smaller lots of Jun 35 calls on the security software company are swept across multiple exchanges in morning trading for 45, 50 and 55 cents. 4,194 traded at that strike against 2,401 in open interest. May and Jun 30 [...]
Integrated Device Tech sees bearish flow. The stock is off $1.04 to $19.60 amid weakness in the tech sector after Texas Instruments missed on earnings. A 5000-lot of Jun 20 puts on IDTI is bought for $1.55 per conrtract in early trading. 8,860 traded at that strike against zero open interet. 2,480 Jun 21 puts [...]
Active trading in Salesforce.com options as shares move higher Thursday. The stock is up 74 cents to $68.45 after a morning spike to $68.82. 12,000 calls and 2,850 puts traded on the cloud computing company. More than 3,000 Weekly (4/24) 68 calls traded in the name. Wekely (4/24) 69 calls, Weekly (5/1) 69 calls, Weekly [...]
Sizable volatility play in Cisco options. With shares off 6 cents to $28.63, the May 28.5 – 29 strangle on the networking company is bought for $1.32, 15000X. It’s not tied and appears to be a new position (the puts are opening, calls might close). The position will likely capture earnings, due around 5/13.
Micron puts outpace calls by 3:1. The stock is up 94 cents to $29.49 in active trading of 16.6 million shares amid broader gains in the semiconductor sector. 78,000 calls and 25,000 puts traded on the memory chip-maker. June 30 calls have traded 20,609 contracts against 20,521 in open interest and data from ISE indicate [...]
Heavy post-earnings option volume in Cree as shares sink. Shares off nearly 9% at $35.40, in line with last nights $3 straddle, and 15K contracts have traded in the first 30 minutes of the day, with 2day weeklys making up 65% of the flow. Blocks include a sale of 2K Apr. 24 33.5 puts for [...]