Technology
Symantec Corp (SYMC) $18.76 +3.30%
Symantec (SYMC) is up 63 cents to $18.79 and options order flow on the security software-maker is interesting, as about 11,000 calls and 600 puts traded on the stock so far. A multi-exchange sweep of 3,715 February 19 calls traded for 81 cents per contract when the market was 78 to 81 cents. It’s an [...]
BMC Software Inc (BMC) $39.57 +0.03%
Software call volume spiked to an impressive 14x normal on a ratio spread that printed on NYSE-ARCA (old Pcoast) a few minutes ago as shares traded near 39.53. Initiator bought 10K jan 50 calls for 5cents and sold 12500 Jan 45 calls for 8.5cents, in a package that likely closes a big ($1.5Million) loser opened [...]
Marvell Technology (MRVL) $7.11 -0.84%
Marvel Tech (MRVL), which lost 15.5 percent last week on news a jury returned a verdict against the company and other defendants, is down another 3 cents to $7.14 to start the week. Trading in the options on the chipmaker is busy. 13,000 calls and 1,300 puts so far, a ratio of ten-to-one. The top [...]
EMC Corp (EMC) $25.01 +0.72%
EMC adds 17 cents to $25 and one investor seems to be anticipating heightened volatility in shares of the storage device-maker through the first half of 2013, as a July 25 – 26 strangle is bought on the stock for $3.74, 5000X on AMEX, to open. It’s not tied to stock. Earnings due out again [...]
Zynga Inc (ZNGA) $2.36 +1.29%
Heavy early volume in Zynga on the last day of the year, with 6200 contracts trading in the first 30mins (80% above normal for the interval) and IV lifting 5 pts to near 70% while upside skew bends to an extreme level with 25delta calls trading well above 25d puts for all listed terms (try [...]
Marvell Technology (MRVL) $7.37 -10.67%
Marvell Tech (MRVL) has come under fire and options volume on the stock is 6X the daily average after a jury returned a verdict in favor of Carnegie Mellon and against MRVL, other defendants. The stock is down 88 cents to $7.37 on heavy volume of 28 million shares. 10,000 calls and 18,000 puts traded [...]
Symantec Corp (SYMC) $18.28 -0.76%
Symantec (SYMC) hit a morning high of $18.61, but gave up the gains and is now down 16 cents to $18.26. The stock is probing session lows and 2,290 Jan 17.5 puts have traded on the security software maker. The biggest trade is a 396-lot of Jan 17.5 puts at 20 cents per contract on [...]
Facebook Inc (FB) $26.25 -4.08%
Facebook (FB) drops 98 cents to $26.38 and is set to close at its lowest levels in weeks after a three-day 4.6 percent skid. Some investors are possibly looking for a rebound next week, as 28 calls that expire on 12/28 are seeing interest. Recent trades include a sweep of 1,860 contracts for 15 cents [...]
Xerox Corp (XRX) $6.95 -2.59%
Xerox (XRX) drops 19 cents to $6.94 and 10,300 Apr 7 calls traded on the stock against 3,710 in open interest. The top trade is a 6040-lot at 47 cents per contract and was sold, to open, according to ISEE data. The premium selling might be part of an over-write on XRX with at-the-money options [...]
NationStar Mortgage Holdings Inc (NSM) $31.50 -1.53%
Nationstar Mortgage (NSM) drops 55 cents to $31.44 and a July 40 – 45 call spread trades on the stock for $1.20, 9650X. Looks like the spread was bought and possibly adding to positions opened yesterday (see 12/20 color).
