Volume Spike Investor

Magellan Midstream Holdings, L.P. (NYSE: MGG) rarely makes the most active list of options trades. Back on June 17 we noticed what appeared to be an options roll-out trade on roughly 20,000 contracts from June to July in the $22.50 PUTS. We are now seeing this trade roll-out all the way to September (~60 days) [...]

Magellan Midstream Holdings, L.P. (NYSE: MGG) has seen an options roll-out trade today.  The trade itself isn’t all that interesting, but the size is. The JUN-09 $22.50 PUTS had some 20,026 contracts trade hands, and the open interest was    24,848 contracts.  If you go further out by only a month to the JUL-09 $22.50 PUTS [...]