Earnings
KLA Tencor Corporation (KLAC) $52.74 +0.86%
KLA Tencor (KLAC) adds 49 cents to $52.78 and a Sep – Jan 55 call spread trades on the stock at $1.90, 13750X on ISE. Data from the ISEE indicate that a customer bought-to-close 15,870 Sep 55 calls on KLAC so far today and sold-to-open 17,960 Jan 55s. The flow probably closes positions opened in [...]
Goodyear Tire and Rubber Company (GT) $11.68 +0.26%
Goodyear Tire (GT) adds a nickel to $11.70 and an 18000-lot of Sep 11 puts trades on the stock for 30 cents when the market was 25 to 30 cents. It might close a position from Aug 3 when 18,000 GT Sep 11 puts traded on the 60-cent bid. Shares are up 4.7 percent since [...]
Staples Inc (SPLS) $11.03 -18.06%
Staples (SPLS) is off $2.37 to $11.09 in very heavy trading of 45 million shares after the office supplies retailer reported earnings of 18 cents per share, which was 4 cents worse than Street estimates. Revenues also fell short of expectations and the company lowered guidance for the 2013 fiscal year. Shares are reeling on [...]
Limited Brands Inc (LTD) $48.99 -0.92%
5,445 puts and 575 calls traded in theLimited (LTD) ahead its earnings release. The retailer reports after the closing bell tomorrow. Shares are off 36 cents to $49.09 and Aug 49 puts are the most actives. The flow includes an a multi-exchange sweep of 2510 contracts for 75 cents per contract. A customer bought-to-open, according [...]
WhatsTrading.com Options Recap — 08/14/2012
Better-than-expected Retail Sales numbers failed to spark much of a rally and market action has been mostly rangebound heading into the final hour of trading Tuesday. Data released this morning showed Retail Sales up .8 percent in July, and .6 percent better-than-expected. PPI was up .3 percent and .1 percent more than expected. Bonds took [...]
Groupon Inc (GRPN) $5.59 -25.97%
Groupon (GRPN) is off $2, or 26.5 percent, to $5.55 on heavy volume of 47 million shares after the company posted better-than-expected EPS numbers, but revenues fell short of expectations. Guidance was in-line. Options on the stock are busy for a second day. 37,000 calls and 51,000 puts so far today. Like yesterday, August 6 [...]
Lennar Corp (LEN) $31.36 +0.42%
Lennar (LEN) adds 15 cents to $31.38 and an Aug 31 – Nov 30 put spread trades on the stock for $1.63, 6131X. The activity probably rolls a position out three months and down one strike. The Aug 31s might have been opened on July 9 when 6,800 traded for $1.65 per contract. Shares are [...]
Abercrombie and Fitch Co (ANF) $32.29 -0.55%
Abercrombie (ANF) adds 6 cents to $32.53 and 1200 Aug 35 calls are apparently sold on the retailer at 72 cents to buy an Aug 30 – 32 put spread for 75 cents, 1200X. The three-way, for 3 cents, is probably to hedge earnings risk. The company reports tomorrow morning and the stock tumbled 13 [...]
Staples Inc (SPLS) $13.44 +0.60%
Staples (SPLS) adds 8 cents to $13.44 and one investor sold 15,000 Aug 15 calls on the stock at 10 cents, to buy 15,000 Aug 12 – 13 (2X1) put ratio spread for 15 cents. The three-way, for a nickel, is tied to 360K shares at $13.58 and appears to be a bearish short-term play [...]
Cisco Systems Inc (CSCO) $17.25 -0.51%
Cisco (CSCO) slips 7 cents to $17.27 and is one of 14 Dow stocks trading lower on a day of mixed market action Tuesday. Options on the networking giant are busy. 111,000 calls and 38,000 puts in the first two hours of trading. The projected volume, of about 370K, represents 4X the daily average for [...]
