Here is some untied, generally directional options activity that caught my eye during Thursday’s trading:
1. DG – There was a buyer of 10,
2. RIG – The stock apparently has no bottom, down 65% on the year on its way to 20 year lows. Options volume ran almost 2x avg daily with 90% of the volume in puts. When the stock was 17.02 there was a bearish roll where a trader sold 4k feb 21 puts to close at 4.
3. C – Call volume was 3x that of puts yesterday, with the largest trade a buyer of 20,000 Feb 60 calls for 1.60 to open when stock was $55.
4. URBN – After posting than expected same store sales results, the stock was up 10%, before settle in a bit, closing more than $1 from the highs. Call volume was 3x avg daily with the most actives 3400 of the jan 36 calls trading and 2700 jan 35 calls trading
5. EBAY – Options volume ran 8x average daily volume, with calls dominating as investors get focused on the company’s plan to split into two units in the new year. The largest trade on the day was a buy of 17,
6. INFY – Saw a bearish roll down in puts,
8. GDX – Trader paid up to .
9. FCX – Bullish three way where a trader sold 1,000 Jan 21 puts to buy 2,000 of the Jan 25/27 call spread, collecting .03 for the structure. Looked to be a toll down in calls, where trader sold the Jan 27 calls to close and bout the Jan 25 calls to open when the stock was 23.04.
10. XOP – Sees large call spread purchase,