Technology

Twitter Inc (TWTR) $38.44 +1.34%

Twitter option volume leading Facebook heading into earnings. On track for 300K contracts, double normal, with calls slightly ahead of puts and 41% of today’s flow in weeklys that expire Aug 1. Aug 40 calls, currently 1.60 out of the money, dominate the activity with 14K trading – most for $1.72. /egap twtr shows straddle [...]

July 29, 2014 | 0 Comments More

RF Micro Devices Inc (RFMD) $11.19 +2.47%

Bullish trading continues in RF Micro. Players were closing out Aug 11 calls and opening Jan 12 calls on the chipmaker yesterday (see 7/28 color). The stock is up 27 cents to $11.19 this morning and the focus is on Aug 12 calls today. A sweep of 2,459 contracts recently printed for 15 cents. It’s [...]

July 29, 2014 | 0 Comments More

Applied Materials Inc (AMAT) $21.37 +0.66%

Applied Materials, which attracted a late call buyer Friday (see 7/25 color), sees interest again this afternoon. An investor bought a 9,500-lot of Jan 26 calls on the chip equipment maker for 52 cents per contract. 9,554 traded at that strike against 2,950 in open interest. Aug 22.5 and Jan 25 calls on AMAT are [...]

July 28, 2014 | 0 Comments More

RF Micro Devices Inc (RFMD) $10.90 +0.09%

Rolling action in RF Micro. An investor is apparently covering a losing position in Aug 11 calls on the chipmaker opened 10000X for 45 and 50 cents on 7/22 ahead of earnings. The stock was up to new multi-year highs of $11.21 in the wake of the report Friday, but vols came down and a [...]

July 28, 2014 | 0 Comments More

NQ Mobile Inc (NQ) $6.90 +3.45%

Noteworthy spread trade in NQ Mobile. The stock is up 22 cents to $6.89 and has now rallied nearly 60% since 7/17. The big options print this morning is a Dec 5 – Jan 8 call spread on the mobile internet company at 95 cents, 35000X on AMEX. It appears to roll a block of [...]

July 28, 2014 | 0 Comments More

Applied Materials Inc (AMAT) $21.24 -2.37%

Applied Material attracts a late call buyer. The stock is down 54 cents to $21.22 and 15,100 Jan 25 calls on the chip equipment company are bought for 67 cents each. 20,220 traded total. It might close. Jan 22, Jan 23, and Aug 20.5 calls are the next most actives in the name. 59K calls [...]

July 25, 2014 | 0 Comments More

Microsoft Corporation (MSFT) $44.50 +0.23%

Microsoft sees another big call buy. The stock is up 8 cents to $44.48 and one player bought a 20000-lot of Sep 48s on the software giant for 21 cents per contract. 31,700 now traded at that strike against 1,590 in open interest. Looks like repeat buying. Aug 47 calls on the stock were being [...]

July 25, 2014 | 0 Comments More

Qihoo 360 Technology Co Ltd (QIHU) $99.77 +4.35%

34,000 calls and 5,670 puts traded in Qihoo 360 Tech. The stock is up 5.2% to $99.60 on Baidu’s (BIDU) good results and positive commentary on several Chinese net stocks from Citi analysts. The top trades in QIHU are ratio calendar spreads, as the investor was apparently buying 2,188 Weekly (8/29) 110 calls on the [...]

July 25, 2014 | 0 Comments More

Vringo Inc (VRNG) $3.27 -1.21%

Vringo sees higher options volume on spread trading. The stock is down a nickel to $3.26 and the Aug – Sep 3.5 put spread on the New York, NY patents and property rights company trades for 24 cents, 4000X. Looks like a roll out to Sep from Aug and extending a bearish outlook in VRNG [...]

July 25, 2014 | 0 Comments More

BlackBerry Limited (BBRY) $9.91 +0.81%

19,000 calls already traded in Blackberry. The stock is up 12 cents to $9.95 in active trading of 3.5 million shares on renewed Samsung takeout chatter (Briefing). Weekly (7/25) 10 calls on BBRY have traded 4,428 contracts. Weekly (8/1) 10.5, Aug 9, and Weekly (7/25) 10.5 calls are the next most actives in the name.

July 24, 2014 | 0 Comments More
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