Event: Alocoa (AA) reports Q1 results tonight after the close. The options market is implying about a 7% one day post earnings move which is rich to its 4 qtr avg move of about 4.25% …
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Last night on CNBC’s Fast Money I highlighted unusually high call volume in Alcoa (AA) a day before the company was to report their Q2 results (watch here). Well, the report is tonight, and the …
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In a little more than a year shares of Alcoa rallied 130% from the 52 week lows ($7.70), to its recent 3 year high of ($17.75): The uptrend was a work of art. That was …
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Event: AA reports its Q3 earnings today after the close. The options market is implying about a 5% one day move, which is slightly above the 4 qtr avg of about 4.25%, and well above …
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VIX spot closed above 12.50 for only the second time over the past 6 weeks. Options volumes were focused on ETFs. 1. XLF – Two large opening trades: looks like 56,000 Oct 20 puts bought for …
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Options volumes in the single stock arena were light, with most of the trading focused on weekly macro ETFs. Here were a few of the exceptions: 1. SUNE – Trader rolled 40k of the Apr19th 20 …
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1) AA – prior to last week’s disappointing Q4 results, the stock was trading at the highest levels in almost two years. Today a trader rolled calls up and out by selling 45,000 Jan 10 calls …
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The S&P 500 index traded in a tight 20 point range all of last week. Single stock options activity on Friday included some rarely traded stocks. 1. AA – Alcoa stock declined 5.5% on Friday after …
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Quiet volumes on the half day session on Christmas Eve, with a few tech standouts for options. 1. EBAY – Trader sold more than 50k of the Jan18th 55 calls to close at an average price …
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Daily Options volume continued to be light heading into Thanksgiving tomorrow and half day of trading on Friday. Total options volume trailed the recent average by almost 20%. Despite quiet trading, these were the large …
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