Software & Computer Services
Yahoo Options set new volume record as BABA completes IPO. 1.3M contracts have traded at midsession which puts YHOO on track for well over 2million contracts- beating the 2008 record by 50%. Calls lead puts consistent with the runnup into the BABA IPO over the past two weeks.
Oracle is down 4.6% to $33.64 in active trading of15 million shares on earnings and news that Larry Ellison is stepping down as CEO. Early options trades on the software-maker included a 12000-lot of Weekly (9/26) 39 puts for 18 cents when the bid ask was 16-18 cents. It’s possibly closing from 8/15 when the [...]
Yahoo options see busiest week since 2008 into Alibaba IPO. YHOO leads the single stock space today with 600K contracts trading by 1:30PM ET as shares trade down 1.4% near $42, after setting new all-time highs above $44 earlier this week. Nearly 3 million YHOO contracts are expected to trade this week, nearly triple the [...]
Bearish three-way spread in Yahoo this afternoon ahead of the BABA IPO Friday. The stock is flat at $42.71 and the investor sells Oct 47 calls on YHOO and buys Oct 37 – 42 put spreads, paying 62 cents for the package, 9015X on ISE. The position is opening for a customer account, according to [...]
FireEye Sep 30 calls draw interest. The stock has seen an afternoon spike and, with shares at $35.37, the Sep 30s were being swept for 60 cents per contract, 10000X. The stock is now up 6.70% to $35.87 and 17,326 contracts traded against 2,100 in open interest. The market is now 85 cents to 95 [...]
Bears are back in 21Vianet. The stock is down 29 cents to $19.91 and recent trades on the Chinese internet company include a 1679-lot of Oct 20 puts for $2.60 when the bid-ask was $2.55 to $2.60. 4,550 traded total, 3,760 Oct 17.5 puts also traded in the name. VNET saw increased put activity multiple [...]
Big print in Yahoo as a player opens a position in Sep options ahead of the Alibaba IPO. The stock is off 31 cents to $42.24 and a 30000-lot of Sep 39 puts on the Internet company trades for 36 cents when the market was 33 to 36 cents. It’s tied to 600K shares for [...]
Web Com Sep 22.5 calls are swept across multiple exchanges for 16 cents, 1300X. The market was 0 to 5 cents early and is now 0 to 10 cents. 2,020 traded total against 2,116 in open interest. Today’s apparent buying might cover from 8/18 when the same calls were trading at 15 cents when the [...]
Fortinet Oct 27 – 29 call spread for 51 cents, 1000X. The stock is up 14 cents to $26.19 and it looks like a buyer is opening. The new position in the security software company is possibly a play on hacks and breaches that have made headlines in recent weeks.
Butterfly in AutoDesk is 5x daily call volume. Initiator paid 75cents for the Oct 55-60-65 call fly 5000x on NYSE-ARCA (Pcoast) as shares traded near 53.17 this morning. Executing broker crossed the entire trade, and it may adjust existing open interest in the 55 and 65s. 65s were active in July when a buyer paid [...]