Posts Tagged ‘unusual options activity’

Price/Volume/Options Spike: Urban Outfitters (URBN)

Urban Outfitters Inc. (NASDAQ: URBN) is seeing a lot of trading activity, and some of it may be a result of the stock options.  As of 2:54 PM EST we have seen 11.8 million shares trade hands and the stock is now up over 7% at $16.27.  Shares had been down until the market rallied, [...]

El Paso, The Exponential Options Volume Play of the Day

El Paso Corp. (NYSE: EP) isn’t just seeing large and unusual options activity today.  It is seeing exponential options activity ahead of an industry presentation today.  As of 1:58 PM EST we have seen over 100,000 contracts in the OCT-08 $17.00 CALLS.  Before today, the open interest was only 4,528 contracts. While this looks paltry [...]

Major Options Spike: Akamai Tech (AKAM)

Akamai Technologies Inc. (NASDAQ: AKAM) is seeing a very unusual options trading pattern today.  We have seen many call options trade hands as of 1:20 PM today, and it might actually be enough to get the watchers out who look for unusual options activity in battered tech stocks.  That is even more so the case [...]

Alcoa Call Option Activity Raises The Flags (AA)

We have seen some very unusual options trading in the options for ALCOA INC. (NYSE: AA) today.  In fact, these are the sort of trades that make traders yell out “buyout speculation” or that start rumors.  We do not know if that is the case or not, but this is the sort of trading that [...]

Elevated Options Trading in Washington Mutual (WM)

While you never know what the exact bets are, we are seeing some continued elevated trading volume in the Washington Mutual Inc. (NYSE: WM) Call options.  Some of the volume is in the current expiration month and some is very far out on the curve.  You can see the volume aith the corresponding open interest: [...]

Crown Holdings Sees Options Spike (CCK)

A company called Crown Holdings Inc. (NYSE: CCK) is leading the options trading activity today.  This is rarely an options volume leader so we wanted to dig down into this. We have seen 6,779 option contracts trade in the OCT08 $30.00 CALLS and the prior day’s open interest was already 15,118.  It is always possible [...]

Volume Explosion: Hansen Options Before Earnings (HANS)

There is a high amount of options activity ahead of Hansen Natural Corp. (NASDAQ: HANS) earnings today.  The trade may just be a close-out of an old straddle play that had been put on and was closed out, but the open interest data we have doesn’t entirely add up for that as you will see [...]

Kraft Stock & Options Still Under Sharp Focus (KFT)

We are still seeing high options trading in Kraft Foods Inc. (NYSE: KFT).  We’d ask traders to pay close attention to these today even though these were yesterday’s most active contracts yet again.  The initial trade was a directionless trade meant to capture some spread arbitrage but now it is obvious that speculators have also [...]

Silver Wheaton Call Options Surge Ahead of Earnings (SLW)

We love looking for very unusual options trading to look for flags that might now show up in the trading volume.  Silver Wheaton Corp. (NYSE: SLW) is a name that almost never shows up on a the most active call options list.  But as of 12:45 PM EST this Monday we have seen this silver [...]

Late After-Hours Spike: Teva/Barr (TEVA, BRL)

We are seeing highly unusual volume trading in Barr Pharmaceuticals Inc. (NYSE: BRL) in late after-hours trading tonight.  The culprit is a report (possible rumor) that Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) is in talks to buy the US-generic drug maker. Barr Labs closed up 1.6% today at $46.82, but its market cap at that [...]