Last week on Oct 6th we made the case why weekly XLF puts appeared to be dollar cheap (not in implied volatility terms) considering that 30% of its components were reporting earnings this week. To …
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Next week is a big one for banks stocks as about a third of the weight of the Financial Select etf (XLF) are set to report Q3 earnings: Oct 13th: JPM Oct 14th: BAC &, …
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Last night on CNBC’s Fast Money Dan highlighted some put activity in the XLF, the Financial Sector etf. Watch here: ? Here were Dan’s notes for the segment: Sizzle: put volume was 1.5x average daily volume. …
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Yesterday, an options trade in the XLF caught my eye. When the S&P Select Financial etf was trading $23.19 a trader paid .25 for 25,000 of the Oct 24 calls. Most of these looked to …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. T – total options volume was more than 3x average daily volume with calls making 75% of the volume. The …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. CHK – On Wednesday we saw crazy short dated call buying in UAL (here), and yesterday we see a considerably larger, much longer …
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Here is some generally directional, untied options activity that caught my eye during Tuesdays trading: 1. CBS – when stock was $61 a trader paid 2.45 for 45,000 June 62.50 calls to open. The calls break-even at $64.95, …
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Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. XLF – when the etf was 24.33 a trader paid .21 for 68,000 April 24.50 calls to open (81,000 ended …
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A little more than a month ago we made a short term at the money bearish trade that financial stocks would demonstrate weakness prior to the March 18th FOMC meeting Here was the trade from …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. XLF – the most active single stock or etf option was the June 22 puts, with 84,000 trading on …
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