Cheniere Energy Draws Bullish Spread

Cheniere Energy is attracting a huge upside trade even as shares decline today. LNG is down 0.9 percent to $14.38, in the middle of a recent range that is continuing to contract. The liquefied natural-gas company was reached a 52-week high of $18.92 in early May. A trader bought 10,000…

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Bears set their sights on Barnes & Noble

Barnes & Noble is drawing bearish option activity today after a new report showed that its Nook tablet is losing market share.

optionMONSTER’s Depth Charge system shows that 2,127 September 12 puts traded in a strong buying pattern for $0.85 to $0.95. Open interest in the strike was 805 contracts at the start of the session, so this is new activity.

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What’s behind big put spread in Lennar

Lennar is back up to five-year highs, but a large put spread tops today’s option volume in the homebuilder.

LEN is up 1.47 percent to $31.69, not far from the closing high from July 6, which was the highest since August of 2007. The stock has climbed from $12.14 just since last October.

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Call seller is targeting Campbell Soup

Shares of Campbell Soup are popping after an upgrade by Goldman Sachs, but the big call spread does not look overly bullish.

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Will Estee Lauder head back to lows?

Estee Lauder is near the top of its recent trading range, and one investor apparently believes that it is heading back down to support. optionMONSTER’s Depth Charge monitoring program detected the purchase of 2,500 September 55 puts for $2.61. Equal-sized blocks were sold at the same time in the September…

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Trader Looks For Floor In Volatility Fund

The VXX volatility exchange-traded note is just above its lows, but the big trade of the day is looking for a bottom. The iPath S&P 500 VIX Short-Term Futures ETN has just turned positive, now up 0.4 percent to $11.76. It was on pace for its lowest close ever, though…

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Time Warner Cable gets volatility play

TWC is off fractionally at $88.95 in midday trading after touching an all-time intraday highs of $90 on Friday. Shares of the cable provider have been trending higher since the end of November, when they traded just above $57.

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Hartford calls see more room to run

Hartford Financial is rallying off its 2012 lows, and a large option spread appears to be looking for more gains.

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Bears refuse to loosen grip on Avon

Avon Products has been struggling, and the bears are hungry for more downside.

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What’s behind put surge in China ETF

Put buying dominates option trading in the iShares FTSE China 25 Index Fund at its highest level in six weeks, but it could be hedging.

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Starbucks draws call spread at lows

A large call spread tops today’s option activity in Starbucks as it trades near its lowest levels since the beginning of the year.

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What’s behind call selling in Oracle

Oracle is pulling back from resistance again, and one trader is looking for a cap on potential gains.

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