Old Tech dominated volume again, though more diverse set of names had significant options volume today.
- PCS – Deutsche Telekom indicated that it was going to sweeten terms during the day (and did indeed submit a better offer after the close, and the stock is trading around $11.80). Apr 12 calls and May 12 calls both traded over 50k in the afternoon.
- MSFT – Apr 30 puts traded over 85k, driven by one large afternoon buyer at $0.51. Interestingly, stock is trading down 2% after-hours after a weak PC sales report.
- INTC – Similar flow in INTC. The Apr 22 puts traded over 35k. INTC is also trading down after-hours on the PC report, about 1.5%.
- AAPL – Call to put ratio up to 1.6 as the stock bounced 2%. The weekly 430, 435, and 440 calls all traded over 25k on the day.
- AMTD – Buyer of 30k of the Jan14 26.5 calls for about 0.275, a bullish bet that AMTD can make a new 10 year high (the stock was last above 26 in 2006).
- MBI – Buyer of 20k of the Aug 13/16 call spread for $0.635. The stock hit a high of 13.70 in March.
- FXI – Buyer of about 40k of the Apr 37.5 calls for around 0.13 and 0.14 in the morning. FXI is down about 10% in 2013.
- EFA – Big spread trade, all traded on the bid: 25010 apr 57 puts, 20275 may 55 puts, 20275 may 58 puts, 14750 apr 58 puts
- BAC – Seller of 20k of the Jan15 12 calls at 2.23 in the morning.
- PFE – Buyer of about 20k of the Apr 30 calls, mostly in the morning for 0.18.