Option Flow Recap March 22

Macro / Thematic

XLI Industrial SPDR (ETF) - A total of 50,000 June 36 / 32 put spreads were bought today for ~$1.00.

EWJ iShares MSCI Japan Index (ETF) - 20,000 April 10 puts were sold at $0.18.

read more after the jump

Consumer

PHM PulteGroup, Inc. - 10,000 July 7 puts were bought for $0.64

KR The Kroger Co. - 5000 April 22 puts were bought for $0.15

DDS Dillard's, Inc. - 4000 May 38 calls were sold at $3.70 and 4000 May 35 puts were bought for $1.30.

Energy

CHK Chesapeake Energy Corporation - 4000 October 30 puts were sold $0.15, to open.

Industrials / Materials

KGC Knight Capital Group Inc. - Heavy option volume on Kinross for a second day in a row; 9000 April 16 calls, 7500 April 17 calls and 7000 May 17 calls traded. The largest single print on the day was a sale of 5000 May 15 puts at $0.58.

ICO International Coal Group, Inc. – 2000 of the May 9 /13 risk reversal trade for $0.05. The May 13 calls were bought and the May 9 puts sold.

JAG Jaguar Mining Inc. – 1000 May 5 puts were sold at $0.35, to open.

PKX POSCO (ADR) – 2100 of the May 110 / 120 call spreads were sold at $4.20. The trade appears to be a roll up in strikes.

Tech

MRVL Marvell Technology Group Ltd - 10,000 May 16 / 18 call spread was purchased for $0.61 with 5000 May 14 puts being sold at $0.37 to finance the call spread.

CLWR Clearwire Corporation - 5000 June 5 / 7 call spreads were purchased for $0.73. The spread appear bought to open. Separately, 2000 September 4 puts were bought for $0.60.

S Sprint Nextel Corporation - 2500 April 4.5 / 5 call spread was purchased for $0.14 and then again later in the day 1000x for $0.13

YHOO Yahoo! Inc. - 10,000 October 14 puts were sold at $0.81 and 10,000 October 10 calls bought for $0.07.

RHT Red Hat, Inc. - 5750 April 42 calls were bought for $0.80.

Financials

C Citigroup Inc - 38,800 December 4 / 4.5 risk reversals traded for $0.17.

Healthcare

AMRN Amarin Corporation plc (ADR) - An investor sold 1000 of the June 5 puts at $1.00 to buy the June 10 / 15 call spread for $1.05.

*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.