Software & Computer Services
Bearish trading continues in 21Vianet. The stock is down $1.03 to $26.38 and Sep 25 puts are the most active options on the Chinese internet company Tuesday. 1,834 traded. Sep 30 and Sep 22.5 puts are the next most actives. Players opened new positions in the Sep 22.5, Sep 25, and Sep 30 puts on [...]
Repeat activity in Microsoft. With the stock up 30 cents to $44.57, the Aug 35 – Nov 39 call spread on the software maker trades for $3.97, 60587X. The action is similar to the Aug 35 – Nov 37 call spread that traded on Monday, 62000X, which rolled a block of short calls to Nov [...]
Deep call buyer may be crying uncle in Facebook. Paid $24.65 for 1000 Jan 50 calls a moment ago with shares near $74. Trade history shows several large blocks opened last fall when FB shares were below $50 and sellers were collecting near $9 for these calls.
FireEye Sep 37 – Dec 33 call spread for $3.625, 3000X. With the stock up 92 cents to $31.92 today, but down 21.3% since June, the investor is apparently liquidating a position in Sep 37 calls on the cybersecurity sofware-maker while opening a new block of Dec 33 calls. If so, the adjustment is expressing [...]
Another big print in NQ Mobile. With the stock flat at $6.48, the Jan 6 – 7 call spread on the mobile internet company is apparently being bought for 45 cents, 42,400X. The Jan 6s (for $2.10 today) open a new position. The Jan 7s (at $1.65) probably close from last week when the same [...]
Rackspace Dec 33 – 40 call spread is bought for $1.475, 2000X. The position is opening and seems to be expressing a bullish view for the cloud computing company for the months ahead. The stock is up 2 cents to $29.52 today, but down 22.4% from two months ago. It was down on earnings yesterday.
Compuware Nov 9 – Feb 11 bearish risk-reversal trades for even money, 3000X. It’s opening and tied to 165K shares. The stock is up 5 cents to $9.15 and the new position seems to be expressing the view that shares of the software company will see incrased volatility in the months ahead.
Sizable sweep of Symantec put options. With shares up 3 cents to $24.32, 5,291 Aug 24 puts on the security software-maker are swept across multiple exchanges for 14 cents when the bid-ask was 9 to 14 cents. 8,572 traded total against 2,963 in open interest. The contract expires in a few days. SYMC reported earnigns [...]
Heavy early call volume in Twitter as shares lift 3.% to $44.70. 30K calls on tape in opening ten minutes, vs 6000 puts, with upside strikes in August leading the flow. Large block of Aug 45 calls are set to expire this Friday, 43K contracts, most of which were opened on July 29 pre-earnings when [...]
Big prints in Microsoft. With the stock down 2 cents to $43.18, the investor buys 62,200 Aug 35 calls on the software giant for $8.20 and sells 62,200 Nov 37 calls at $6.25. The spread, for $1.95, probably rolls a block of in-the-money Aug calls ahead of the expiration to a new short position in [...]