Search Results for 'XEC'
HSBC is down 50 cents to $42.98 in active trading of 1.4 million shares. The bank’s executives are facing a grilling today in front of a Senate subcomittee on allegations HSBC failed to guard against money laundering. The top options trades in the stock are part of a Nov 31 – 35 put spread, for [...]
Duke Energy call volume is 11x normal today with 20,000 contracts trading (and just 117 puts!) as shares trade near flat at 66.47 and flow is dominated by a large call ‘stupid’ on the PHLX in which a cust bought 8905 Oct 70 calls and bought 10K Jan 75 calls for 45cents and 20cents respectively. [...]
First Solar (FSLR) is up $1.07 to $15.24 in active trading and easily the best percentage gainer in the S&P 500 on upbeat comments from NRG’s chief executive. According to Dow Jones, CEO Tom Doyle said that First Solar’s performance in building an Agua Caliente Solar Farm has exceeded all expectations and at 200 megawatts [...]
A large early block in Kinder Morgan today, as an opening buyer paid $1.09 for 7500 Aug 32.5 calls on NYSE-ARCA – untied and crossed by the executing firm. The block exceeds the average daily call volume and will open one of the largest blocks of open interest in the pipeline name.
Yingli Green Energy is seeing heavy call volume this morning, with 4500 July 3 calls trading for an avg price near 13.2cents- and most of that executing on the Boston Options Exchange (BOX) in lot sizes around 200 contracts. Incoming OI was nearly 4000 contracts and most of that was put on for 15-20cents in [...]
Massive put spread on the Financial Sector ETF this morning, as a cust sold 100,000 July 12-14 put spreads for 12cents on the Amex. Executing broker Hamilton crossed the bulk of it, and the trade likely closes the same spread opeend on 5/17 for 47cents when XLF was near 14.12.
Action was mixed into midday, but stock market averages are holding modest gains heading into the final hour Tuesday. The Case Shiller Price Index released early was better-than-expected at -1.9 percent, but had no impact on opening trading. Sluggish action continued after the latest Consumer Confidence data showed a decline to 62 for June, from [...]
Navistar (NAV) loses 76 cents to $26.26 and has lost 10.7 percent during the past four days. Early trades on the stock include an Aug 30 – 35 call spread for $1, 1500X on PHLX. Looks like the initiator bought and the activity is similar to spread trading seen in NAV on Jun 13 (see [...]
A fellow stockbroker introduced me to options trading in the early-90s. I was a rep for a regional firm and he showed me how he created vertical call spreads on stocks that were possibly due to announce stock splits. The idea was to make money on the call spread from the move higher in the [...]