Mobile Telecommunications
Sprint Nextel Corporation (S) $4.93 -4.83%
Largest single stock block today printed in Sprint calls on the ISE a few minutes ago when a buyer paid 63cents for 75000 7 strike calls that expire in Jan 2014. ISE data shows the order was marked opening and was marked firm on both side (non customer). Shares are off nearly 5% today near [...]
MetroPCS Communications Inc (PCS) $11.94 +6.12%
MetroPCS (PCS) is up 77 cents to $12.02 in active trading of 6.8 million shares and options action is picking up as well. 4,970 puts and 2,580 calls so far. Oct 12 calls, which are now at-the-money and expiring in 3 weeks, are the most actives. 2,110 traded against 944 in open interest. Oct 12 [...]
Sprint Nextel Corporation (S) $4.91 +2.19%
Large early prints in Sprint Nextel upside Oct 4.5 and 5 strike calls. Looks buyer initiated. Total of nearly 30,000 calls in first 5mins of the day (vs 56 puts) as shares trade up about 1.55 near 4.87. Shares have ranged from $2.12 in January to a 52wk closing high of 5.39 last month.
Vodafone Group (VOD) $29.27 +0.30%
Vodafone call volume of 12K is twice the normal level in the name (vs 552 puts) and dominated by a c`losing firm buyer paying 20c for nearly 10000 Oct 31 calls as shares traded near 29.24. Flow history (try VOD Oct31c then 3 on the menu) shows trade was opened on 8/3 for 40c when [...]
Sprint Nextel Corporation (S) $5.20 +4.21%
Sprint (S) spikes to 52-week highs in active trading of 61.5 million shares Wednesday. The stock is up 24 cents to $5.22 and has more than doubled in value during the past three months. Trading in options on the phone company is busy today as sell. 83,000 calls and 22,000 puts so far. November 6 [...]
Sprint Nextel Corporation (S) $4.80 +4.12%
Sprint (S) adds 21 cents to $4.83 on heavy turnover of 56.5 million shares on news a top merger and acquisition executive is leaving the company. Keith Cowan, President of Strategic Planning, is leaving the company on Sep 30 to pursue other interest. Shares are rallying to 52-week highs and options volume in Sprint through [...]
Vodafone Group (VOD) $29.72 +1.64%
Vodafone (VOD) adds 47 cents to $29.71 and an Oct 30 – 32 call spread trades on the stock at 60 cents, 30000X. The activity probably rolls (selling to close Oct 30 calls at 80 cents) a position in Oct 30 calls opened last week for only 20 cents. The same investor bought 10K Sep [...]
Sprint Nextel Corporation (S) $4.28 +5.67%
Sprint (S) continues its run higher. Shares are up 19 cents to $4.24 today and have rallied 25.8 percent since the company’s earnings report yesterday morning showed stronger-than-expected EPS numbers thanks to strong iPhone sales. Options on the stock are actively traded for a third day. While upside call buyers dominated the flow Wednesday (see [...]
MetroPCS Communications Inc (PCS) $8.85 +3.03%
A 90,000 contract 3way traded in MetroPCS options this morning, as a customer sold the Aug 8-10 call spread 30,000x for 80cents and bought 30K Aug 6 puts for a nickel on the PHLX as a QCC (clean cross) order tied to 2.07Million shares at $8.80. Looks like it closes the trade entered on May [...]
NII Holdings (NIHD) $6.99 +1.16%
NII Holdings (NIHD) adds 9 cents to $7 and 9,000 Dec 7 puts are bought on the stock for $1.35 per contract. It probably adds to positions from yesterday, which resulted in more than 20,000 in new open interest in NIHD Dec 7 puts (see 7/26 color for more). 30-day ATM vols are up another [...]
