Usual suspects dominated volume today. BAC – Buyer of 60k of the Nov 9 puts this morning for 0.21. BAC was able to regain its 50 day ma today, which sits at 11.89. FB – Buyer of …
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Another nothing day in the major indices but some fun things happening in individual names with AAPL’s break below 500 now a reality and investors’ shrug off of the Facebook announcement. Here are the options …
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On a day when the VIX was up more than 10%, a lot of single stock call trading continued. ORCL – Someone rolled their short Dec 33 calls out to the June 35 calls, paying …
Continue readingTrade Update Nov 16th, 2012: This one didn’t go as planned, Sprint never came in and Bid for PCS, and the trade was bust from almost the start. Now with the stock below my short …
Continue readingETFs were more active than single stocks today in options land; here are the top trades: XHB – First large put spread traded in the morning. Trader paid $0.81 for 10k of the March 24 …
Continue readingWe started the Too Many Options post on Oct 8th with the goal of providing valuable color on the most active or interesting options trades each day. Following all of the activity each day might …
Continue readingFor the second straight day, the phone drama dominated U.S. options volume. Coal names also showed a ton of call interest as rotation from year-to-date winners to losers continued: S – Softbank potentially taking a …
Continue readingNokia, MetroPCS, and AT&T with some large trades today, hence the phone theme for today: NOK – A large player bought 44,000 of the Jan14 5 calls for $0.37. The stock is down almost 50% …
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Earlier today I detailed Bernstein’s Upgrade of PCS (below), where they suggested: We believe this presents an attractive opportunity. Investors are, in effect, getting two free options. First,there is a free option on a successful …
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