Earnings
Dell Inc (DELL) $12.28 -0.41%
Dell drops 6 cents to $12.28 and 16,550 Sep 13 calls are bought on the stock for 30 cents per contract. Looks opening and is tied to 526K shares at $12.27. Earnings due Aug 21.
Ericsson (ERIC) $9.51 -0.94%
Ericsson (ERIC) loses 8 cents to $9.52 and a 20000-lot of Oct 9 calls trades on the stock for 85 cents when the market was 75 to 85 cents. The block traded electronic on CBOE and possibly closes a position from July 18 — the day the company reported earnings — when 20,000 were apparently [...]
SINA com (SINA) $51.92 +0.29%
SINA adds 31 cents to $52.08 and early trades on the Chinese Internet company include an Aug 45 – 55 bullish risk-reversal for 95 cents, 2500X. It looks opening and is possibly a play on earnings. The company is due to report after the closing bell tomorrow. Shares gained 11.1 percent on 5/16 when the [...]
WhatsTrading.com Options Recap — 08/13/2012
Stock market averages slipped into midday, but are well off session lows heading into the final hour Monday. A report showing Japan’s GDP growing at a slower-than-expected 1.4 percent annual pace during the most recent three-month period adds to anxiety about a worldwide economic slowdown. And BofA/Merrill lowered China’s economic growth forecast to 7.7%. Yet, [...]
Delta Air Lines Inc (DAL) $9.25 +2.10%
12,000 calls and 1,400 puts traded in Delta Airlines (DAL) options today. Shares are up 21 cents to $9.27 and one player bought 1,500 Dec 12 calls on the airliner for 25 cents and sold 4,500 Dec 15 calls at an average of 4.5 cents. Open interest is sufficient to cover in the Dec 12s [...]
Stillwater Mining (SWC) $9.55 +0.63%
About 12,000 calls and 100 puts traded on Stillwater Mining (SWC) today. Shares are up 8 cents to $9.57 and Aug 10 calls, which are 4.5 percent OTM and expiring at the end of the week, are the most actives. 9,370 traded against 1,152 in open itnerst. Aug 11 calls are also seeing some interest. [...]
Groupon Inc (GRPN) $7.79 +4.70%
Groupon (GRPN) is up 53 cents to $7.97 and seeing relative strength today ahead of earnings. The company reports after the bell. After gaining 11.9 percent Friday, the stock is up nearly 7.5 percent Monday morning. Early order flow includes 4,200 puts and 2,810 calls. Aug 6 puts are the most actives. 3,190 traded (91 [...]
WhatsTrading.com Options Recap — 08/10/2012
Stock market averages are limping into the final hour little changed in listless action late-Friday. Disappointing Chinese export data, which showed a modest 1percent uptick for July, seemed to rekindle investor concerns about a worldwide economic slowdown. Yet, modest losses across Asia’s equity markets were followed by small and orderly declines across European equity markets. [...]
Estee Lauder Companies Inc (EL) $55.25 -0.02%
Estee Lauder (EL) is flat at $55.27 and a Sep 50 – 52.5 – 55 put “tree” trades on the stock for a dime, 2500X on ISE. The investor bought the 55s and sold the next two, possibly looking for the stock to fall to $52.5 (~5%) through the Sept expiration (six weeks). Earnings come [...]
Focus Media Holding Ltd (FMCN) $22.25 +2.39%
Focus Media (FMCN) adds 57 cents to $22.30 and early trades on the stock, when shares were trading for 21.69 and 2.7% below current levels, was a sweep of 773 Sep 22 calls for $2.25 per contract. 3,330 now traded against 942 in open interest and the market is $2.90 to $3. No news to [...]
