Here is some generally directional, untied options activity that caught my eye during Wednesdays trading: 1. AIG – saw a very large bullish roll when the stock was $55.28 a trader sold to close 43,000 Jan16 …
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Single stock options moved back to the forefront as realized volatility in the major indices has been quite light in the past week. 1. INTC – The Oct 36 calls traded 45k for 0.34 at the …
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Momentum stocks took a beating once again, led by TWTR, which was the most active stock among single stock options. 1. TWTR – The options traded more than 5 times average 1 month volume. Weekly and …
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Index or ETF-related options dominated volumes on Tuesday, but Wednesday was the smallest intraday range for the S&P 500 in 2014. As a result, single stock options were much more active. 1. BAC – Stock rallied …
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Since initiating this bullish calendar call spread a couple weeks ago GM shares have risen 5%, and remain almost 3% off of the recent 52 week highs made earlier this week. Investors appear excited about …
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Earlier this morning GM was up nearly 4% on media reports that Kyle Bass, hedge fund manager who runs Hayman Capital in Dallas Texas took a stake in the automaker as he sees “at least …
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1. AIG – stock continues to decline, now down 8% since its earnings results last week and now essentially trading at the low from early October. A trader made a fairly large upside bet in …
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Last week AIG reported Q3 results that by most accounts were a mixed bag with a murky outlook that sent the shares down 6.5% on Thursday. The one day decline was the largest in more …
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With GM not breaking, we’re going to close this position entirely and look for another entry in the thesis down the road. Action: Sold to Close half of GM ($35.37 ) Oct 37/33 Put Spread …
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Earlier this week GM announced their Sept sales that were far worse than expected, and showed relative weakness to the better than expected results by F and Chrysler. Almost a month ago I bought …
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