Friday, April 15, 2011

Option Flow Recap April 15th

Macro / Thematic

SPY SPDR S&P 500 ETF – An investor bought 195,000 June 145 calls for $0.06 and sold 15,000 June 119 puts at $0.78, a 1X13 bullish ratio risk reversal. It was possibly tied to 2.5 million shares.

XLF Financial Select Sector SPDR (ETF) – 50,000 of the May 15 puts were sold at $0.08

IWM iShares Russell 2000 Index (ETF) – 27,600 of the May 78 puts were bought for $0.62
Consumer

AEO American Eagle Outfitters – 16,000 April 16 calls were sold at $0.10 to buy 16,000 of the May 16.5 calls for $0.55.

GIS General Mills, Inc. – 4000 of the January 40 / 32.5 bullish risk reversal was bought for $0.09. The January 40  calls were bought for $1.05 and the January 32.5 puts sold at $0.94. The trade was opening position.


Energy

KWK Quicksilver Resources Inc – 5000 of the May 15 calls were bought for $0.20.


Industrials / Materials

BHP BHP Billiton Limited (ADR) – 10,000 of the May 90 / 85 put spreads were bought for $0.40.

FCX Freeport-McMoRan Copper & Gold Inc.  – 9100 of the May 50 / 45 out spreads were bought for $1.82.


Financials

BAC Bank of America Corporation – 50,000 of the May 12 puts were sold at $0.10.


Healthcare

PFE Pfizer Inc. – 25,000 of the January’13 22.5 calls were bought for $1.28



*Special thanks to Flotilla Partners, Option Radar, BMO Capital, MEB Options, LiveVolPro, CBOE, Option Monster, and all of the options desks and traders we work with to provide the option flow!


No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.

1 comment:

  1. put selling and call buying. easy money policy will keep pushing the market higher IMO

    ReplyDelete