Archive for September 19th, 2009

Weekend Review: Options Flag in FormFactor (FORM)

FormFactor Inc. (NASDAQ: FORM) is not a highly active stock by almost any measure for almost any stock exchange.  It is also not an active stock in the realm of options trading.  In our weekend review, this one stood out handily for a stock that has rarely, if ever, crossed our path for big weekend [...]

Potash Options Rolls, Bullish Bias (POT)

Potash Corp. of Saskatchewan, Inc. (NYSE: POT) saw not very unusual trading in the stock this Friday, but there were some options roll trades that went off that flagged this one for unusual options activity.  A screen showed that almost 50,000 contracts in all traded.  Here were the roll-out OCT-2009 PUT and CALL transactions. CALL$   [...]

Unusual Stock/Options in Sprint Nextel (S, DT)

After a weekend review and screen in stock and options, Sprint Nextel Corp. (NYSE: S) stood out as a very unusual stock and also unusual in its options trading on Friday.  Most likely this was traders throwing on upside bets in case the Deutsche Telekom (NYSE: DT) bidders come in. It might seem odd that [...]

Options Flag in Freeport-McMoRan (FCX)

With $1,000 gold and with some speculating on who might be acquired in the space, it may be of little surprise that Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) was so active in stock options Friday.  But the common share trading volume was ‘only’ 13.8 million shares compared to an average daily volume of over [...]

Weekend Review: Big Options Roll Activity in Arena (ARNA)

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) was the dark horse winner Friday after gapping down big and closing up over 5% at $5.18.  At first, this looked like a win for VIVUS and Orexigen but the data here ended up being good enough as an alternative.  The CEO also gave a very impressive interview on CNBC [...]

Strange Friday for Office Depot Options (ODP)

Office Depot, Inc. (NYSE: ODP) has almost never come up with a highly unusual options screen.  Friday was a very active volume day with over 13 million shares traded versus 8.2 million on an average day.  And the 1% drop to $6.31 was much better than things were looking early Friday when this was down [...]

Stock & Options Volume Review in E*TRADE (ETFC)

E*TRADE Financial Corporation (NASDAQ: ETFC) has been very active in both common shares and in options.  Friday’s 300+ million shares came to 300% its average trading volume and this is now the highest close since June 12 and May 8 where this closed at $1.97 each day.  We would also note that there were 10 [...]

Unusual Friday Options Trading Review: Eastman Kodak (EK)

Eastman Kodak Co. (NYSE: EK) was one of this week’s more unusual options traders.   We think that this financing deal from KKR, which we may now jokingly call Kodak Kodak & Rubbish, is a two-sided deal, and that sword can cut both ways.  If Kodak does not get its act together over the next year [...]