Bears Take the Wheel at Carmax

Carmax has been rallying for the last two months, but the options paper is bearish.

Read more »

Trades See SBA Communications Standing Tall

Investors think there is no going back for SBA Communications.

optionMONSTER’s monitoring systems detected the sale of 10,000 March 50 puts for $0.80. Volume was more than 15 times previous open interest at the strike.

Read more »

How One Trader Is Playing Anadarko

Volatility for Anadarko Petroleum has been dropping, and today’s big options trade looks for that trend to continue.

Read more »

Nokia Shares Get Vote of Confidence

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 »

Big Index Trade Looks For Rally Into Year End

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 »

Bulls seek their roots with 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 »

New Directional Call Plays – SNA

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 »

Small Cap Fund Draws Large Bearish Play

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 »

Strategy Looks to Guard Taiwan Position

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 »

Bulls think it’s time for silver to shine

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 »

Long-term bullish bet on Consol Energy

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 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…

Read more »