Here is some untied, generally directional options activity that caught my eye during Monday’s trading:
1. C – saw some way out of the money call buying in the morning when stock was 48.
2. CAT – saw heavy put volume,
3. COH – a theme in front of this morning’s earnings was call selling and put buying. There were two trades that caught my eye: When the stock was 37.29 a trader sold 12,300 May 37 calls at 2.45 to close. And when stock was 37.
4. OAS – Shares of the E&
5. ATML – there was a large block of calls bought, tied to stock that caught my eye for one because options generally trade by appointment in this $3.5 billion market cap Semiconductor company. When the stock was 8.55 a trader paid .35 for 9,000 Mat 10 calls to open and sold 270,000 shares. This block of calls makes up half of the entire open interest in the options of the stock. Weird that this block traded with stock as normally stock replacement trades usually command a closer to the money higher delta option.