Financial option volumes picked up ahead of tonight’s stress test results: MS – Large buyer of the weekly 22.5 puts throughout the day, with a total of around 75k trading on the day at an average …
Continue readingTMO
The market opened higher on Italian election results until it turned out Berlusconi still had a chance. The S&P 500 hovered around 1500 until it broke it and broke hard. 1) SPY – taking up …
Continue reading
The market just needed an up day to bring back the heavily skewed call volumes. LVS – Over three times average option volume. There was a buyer of 17,400 May 52.5 calls. Also a buyer …
Continue reading
1. CCL – stock down again today, but ended up only down $.11 despite the company reporting that the Triumph disaster will affect it’s earnings as they will have to cancel at least 12 future …
Continue reading
1. VIX – 115K May 18/25 call spreads went up. Two weeks ago there was a purchase of 150K Apr 20/25 call spreads. Also someone bought 39K Apr 16 straddles and sold 28K Mar 16 …
Continue reading
Quiet stock volumes again, but financials calls were active on a strong day in the sector. BAC – over 150% average volume. The most active line was the Feb 12 calls with over 120K trading. …
Continue reading
On a day that saw the lowest SPY volume since 12/24/2012, index ETFs traded a good bit of protection. AAPL – Call to put ratio near 2 today, as the weekly 500 calls traded around 40k …
Continue reading
The most interesting headline of the day hit this morning, with AAPL opening higher on this news: (Reuters) – Apple Inc. on Thursday confronted its first major challenge from an activist shareholder in years as …
Continue reading
The CBOE Put/Call Ratio closed at 1.05 today (according to Bloomberg), which is the highest close so far for 2013. Otherwise, relatively quiet day in the options market. AAPL – Stock closed lower for the 4th …
Continue reading
Two big prints that were both protective in nature. VIX – buyer of the Apr 20/25 call spread 150,000 times paying 0.70 to open. Quite a big bet, as that involved paying out $10.5 million …
Continue reading