No major themes on a strong up day for the markets.
- INTC – Apr 22 calls were the most active line, driven by buyers for most of the day. Around 85k traded at an avg. price of 0.29. Stock unchanged after hours.
- YHOO – Apr 25 calls were the most active line, trading around 22k at an average price of 0.185. Stock down 4% after-hours.
- S – The Aug 10 calls and the May 7 calls both traded over 35k as S continued to move higher, another 2% today.
- ABX – Buyer of 30k of the Jan14 30 calls for 0.38, possibly to close given open interest on that line. ABX was trading near $30 just 2 weeks ago.
- BAC – Stock reports earnings tomorrow morning. The Apr 12.5 calls were the most active, trading almost 50k on the day.
- PFE – The Apr 27 calls, Jul 26 puts, and Jul 30 calls all traded in a package, 10k times. My guess is someone selling to close the Apr 27 calls, and trading the Jul 26/30 risk reversal to open.
- BP – Protection trade in October. Someone sold around 20k of the Oct 41 calls at 1.85, and bought 16k of the Oct 37 puts for 1.16.
- F – The Jan14 12 puts were sold 20k times at 0.88 midday. Separately, the Jan14 15 calls traded 20k times at 0.47.
- ACI – Stock made a new 52 week low today. The Jul 6 puts traded over 13k at an average price of 1.58.
- AAPL – Stock has not breached the low of the year, 419, the past 2 days. Call to put ratio at only 1.2 today. Weekly 425 calls and weekly 420 puts traded around 25k.