Volatility for Anadarko Petroleum has been dropping, and today’s big options trade looks for that trend to continue.Read more »
The biggest options trade of the day in Nokia is a bet that last month’s lows will not be broken.
NOK surged 8.60 percent to $3.35 in morning trading, and has more than doubled from its 15-year low of $1.63 in July. The stock is now at its highest level since early May as it trended down from a 52-week high above $7 late last year.Read more »
The S&P 500 is pausing after a big run, but one investor expects a strong end to the year.
optionMONSTER’s Heat Seeker monitoring program detected a large bullish call buy in the SPDR S&P 500 exchange-traded fund, which tracks the index.Read more »
Ancestry.com has pulled back after ripping higher, and the bulls are stepping in.
optionMONSTER’s Heat Seeker monitoring system detected the purchase of 2,500 October 30 calls for $2.85 and the sale of an equal number of October 35 calls for $0.75. Volume was above open interest at both strikes, indicating a new position was initiated.Read more »
SNA has managed to hold on to recent gains. The stock is hovering just under its all-time highs set in late July around the $70.85 level. If SNA can breakout shares could easily make a run towards $75 or higher. The P&F chart is bullish and forecasting a $79 target.Read more »
One trader is positioning for downside in small-caps stock with a big put spread in the iShares Russell 2000 Fund.
IWM fell 0.50 percent to $81.07 in late morning trading. It’s been climbing for more than two months, but recently was unable to follow larger-cap indexes like the S&P 500 and Nasdaq 100 to make new 52-week highs. That suggests sentiment is weaker toward the fund.Read more »
Puts dominate activity in the iShares Taiwan Fund, which is parked at a three-month high.
More than 10,000 option contracts have traded so far, versus the daily average of 1,600. Almost all of the volume occurred in a single second, when 4,846 of the September 12 puts were sold for $0.07 and block of 5,270 of March 12 puts were bough for $0.75. Volume was below open interest in September but not March.Read more »
Silver has been basing out, and investors think it’s going higher. optionMONSTER’s tracking systems detected a strong bullish tone in the iShares Silver exchange-traded fund. Put selling is the strongest theme as trades accept income now in return for betting that the recent lows will hold. The September 27 puts…Read more »
A large trader is making a long-term bet on the coal industry with Consol Energy.
optionMONSTER’s Heat Seeker monitoring program detected the purchase of 6,000 January 39 calls for $1.08 and the sale of 3,000 January 29 puts for $2.48. The transaction accounted for almost all the volume in the Pennsylvania-based company so far today.Read more »
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…Read more »
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.Read more »
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.Read more »