SPLS – There was a large print in the September 20 calls. The trade was reported as a buy-write meaning they were sold vs. shares bought in the stock. The curious thing is that the options were printed at .45 on a market that was .35 x .45 at the time. The stock was higher today following a morning upgrade at UBS who said the shares will likely trade based on the Office Depot deal. A deal that UBS analysts believe is “more likely than not.”
XRT – Right before the bell (and possibly corrected afterwards) was a mess of a trade in XRT to try to sort out. It looks like a 1×2 put spread was bought where a trader bought 5000 of the April 101 puts. (there was also a print of nearly 15k that was cancelled). The 5000 print had a price of 1.14 when the market on that strike was 1.20 x 1.23. The April 97 puts were printed at .26 10,00 times when the bid on that strike was .25. The cancelled trade of nearly 15k of the 101 puts was originally printed at 1.15. Who knows what was going on here but I assume the 5000 x 10000 prices are correct and it was perhaps agreed upon on price and the market moved before it could be printed within the current spreads on the screen.