After gapping down nearly 1%, the SPX clawed back to nearly unchanged by the close. Options volumes lighter than last week (Note: the VIX trade referenced earlier was a fat finger, so that trade was …
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Commodity-related ETFs and stocks dominated options volume yesterday. Otherwise, options market volumes were quite low. 1. EWZ – The Brazilian ETF bounced back above the critical $46 support level yesterday, after briefly touching its lowest level since …
Continue readingSPY had its lightest volume day since the half day session prior to the 4th of July holiday. Options volumes were similarly light (SPY options traded about 70% of the 1 month average volume). 1. …
Continue readingHere is a list of the some of the large options flow that caught our eye in an otherwise quiet day on a volume basis: 1. GM – had one of its worst days in …
Continue readingAAPL dominated single stock volumes on its big down day. AAPL – Call to put ratio at 1.9, quite high for such a precipitous drop in the stock. The weekly 470 and 475 calls were the …
Continue readingETFs were more active than single stock options, continuing the trend in September. EEM – Buyer of 50k of the Sept 37 puts for 0.06, likely to close (200k of open interest). The Nov 40 straddle …
Continue reading1. VALE: the Brazilian miner has been up over 15% in the last week in a straight line, now trading at new 2 month highs and quickly approaching an important technical resistance level $16, which …
Continue readingThere is a growing dichotomy building in financial markets worldwide, one that we’ve touched on extensively over the past month. China is sending multiple signals of distress, both economic and market-based signals, while most other …
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