Here are some of the large options trades that caught our attention today: 1. SPY – there was a buyer of the Feb 170/162 Put Spread 35,000x paying .85, trade breaks-even down at 169.15 …
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1. XLF – Short dated call volume continues to dominate the flow. The Dec 27th weekly 21 calls continue to be bought as over 100,000 traded today with lots trading for .43, after yesterday’s action that …
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1. ORCL – Stock traded at 6 month highs this morning, just a couple weeks away from their estimated fiscal Q2 earnings on Dec 18th. A trader bought 15,000 of the Dec 34 puts …
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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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1. XLF – largest single option block that traded today was a buy of 161,000 Dec 22 calls with the buyer paying .13 to open when the stock was 21.57 when the etf was just …
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MorningWord 11/26/13: Here is a news flash to regular readers of this space – I have not been a raging bull in this raging bull market. But readers of the site know that our real …
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Yesterday in the MorningWord we detailed the out-performance of U.S. banks vs the Euro Banks in the first half of the year, and then the subsequent flip flop since July. With JPM’s monster DOJ settlement out …
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MorningWord 11/20/13: One of the least noticed aspects of the global market rally since the low in late June has been the leadership of European financials. After nearly 2 years of sideways price action, the …
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CSCO – stock got drilled today, down nearly 11% on what amounted to disastrous revenue guidance for the current quarter, below the 4% yoy consensus for growth to down 8-10%. Options activity was …
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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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