Archive for the ‘Options’ Category

Apple Options Volume Overshadows Stock Volume (AAPL)

There is a rare event today that has not been seen on many occasions.  Apple Inc. (NASDAQ: AAPL) is seeing more stock option trading interest today in its stock options on a fully leveraged basis than its shares are seeing.  The stock volume is actually anemic at 4.53 million shares as of 12:05 PM EST [...]

Molycorp Options Surge As Speculators Find Alternatives (MCP)

Molycorp, Inc. (NYSE: MCP) is new enough that many will not even think of it being an “option alert” stock.  Still, the exponential gainer in rare earths is seeing a large jump in its shares on a mine restart and it seeing considerable options volume as well as investors look for any way to “play [...]

Daily Double: 10X Volume Alert in InterMune (ITMN)

InterMune Inc. (NASDAQ: ITMN) is soaring with more than a double on key news of its EMA recommendation of market ing approval in its idiopathic pulmonary fibrosis drug called Esbriet (pirfenidone).  The full news and analysis is available at BioHealthInvestor.com in the quest for potential ten-baggers. What traders need to know is that at 10:20 [...]

Massive Exponential Volume in Tenet Options & Stock, More to Come? (THC)

Tenet Healthcare Corp. (NYSE: THC) is trading more volume than we can recall ever seeing.  While the company has never really recovered its former glory, the hospital told Community Health Systems Inc. (NYSE: CYH) no to its $6.00 buyout offer.  The common belief now is that Community Health will have to raise its offer price [...]

Stock Option Volume Explosion in Great Atlantic & Pacific (GAP)

The Great Atlantic & Pacific Tea Company, Inc. (NYSE: GAP) is widely reported as getting ready for a bankruptcy  Check out the options trading in DECEMBER-2010: CALL$    Volume    OpInt 0.50    2,598    5 1.50    5,238    10 2.00    2,201    35 PUT$    Volume    OpInt 1.00    4,940    1,280 1.50    666    1,035 2.00    6,411    2,873 2.50    1,345    7,749 Here is [...]

Talbots Killed, Yet Options Alerts Matter (TLB)

The Talbots Inc. (NYSE: TLB) is having an awful day in the markets and on very strong volume.  The earnings report and the guidance are to blame.  While profits rose 17%, lower revenue and lower guidance is a drag and then some. Earnings were $0.27 EPS and revenue was $299.1 million, while Thomson Reuters was [...]

Bullish Options Bets in Tiffany (TIF)

Tiffany & Co. (NYSE: TIF) may have only closed up $0.10 at $63.30 on a normal day with 2.52 million shares on Friday.  The issue is that the 52-week range is $35.81 to $63.65 and average volume is 2.1 million shares. The real activity was seen in the call option buying with a standout trading [...]

Unusual Gold LEAPS Option Alerts (GLD)

Gold is at a crossroads and the options trading is showing some unusual activity out in the long-dated LEAPS for the SPDR Gold Shares. The JAN-2012 $150.00 GLD CALLS have traded 7,479 contracts today versus an open interest of 27,030 contracts.  Last trade was $9.55.  If you go out farther in the LEAPS, the JAN-2013 [...]

Amazon Speculators Move to Options (AMZN)

It looks as though equity traders in high-priced shares are becoming speculative options traders.  Look no further than Amazon.com Inc. (NASDAQ: AMZN) today.  At Noon EST the stock itself is up almost 0.6% at $178.23 and we have already hit 5.7 million shares. Here is the volume in DEC-2010 CALLS as of NOON EST, with [...]

Options Alert: Dividend Capture in Coke & McDonalds (KO, MCD)

McDonald’s Corporation (NYSE: MCD) and The Coca-Cola Company (NYSE: KO) are not stocks we generally associate with dividend capture trades, or dividend stripping trades.  On Friday, there were two major groupings of large call options trades out in January 2011 expiration. We confirmed with Joe Kunkle of OptionsHawk.com that these were dividend stripping trades.  It [...]