Option Flow Recap March 4

Macro / Thematic 

Technology SPDR XLK - An investor Bought 40,000 June 23 / 26 put spreads for $0.73, sold 110,000 March 20 / 23 put spreads at $0.02

VIX - April 22/32/35 call tree traded for .95 20k times and 22/27/30 call tree trades were also active

　 

Consumer

CL Colgate-Palmolive Company - An investor sold 13,000 May 70 Puts at $0.71 and bought 13,000 May 85 Calls for $0.46 

TGT  Target Corporation - An investor bought 6250 October 50 Calls for $5.05, bought 6250 October 52.50 Calls for $3.65;  sold 18,750 October 57.50 Calls at $1.65 and sold 18,750 October 48 Puts at $2.42

Energy

HK Petrohawk Energy Corporation- 10,000 January'12 25 / 35 call spreads were bought

KWK Quicksilver Resources Inc - 5,000 April 14.0 Calls were sold at $0.80

　 

PBR Petroleo Brasileiro SA - July 43/50 call verticals trade 12,500 times at $1.65

Industrials / Materials

ADS Alliance Data Systems Corporation - 11,000 January'12 55 puts were sold at $1.55 

YRCW YRC Worldwide Inc. - 14,000 April 5 and 14,000 June 2.5 puts both appeared sold at $2.79 and $1.07 respectively.  

UNP Union Pacific Corporation - 1800 January'12 95 calls were bought for $9.20

　 

Tech

HPQ Hewlett-Packard Company - Right on the close an investor sold 9,000 August 37 Puts, bought 6,000 August 42 Calls and sold 9,000 August 47.50 Calls 

QCOM QUALCOMM, Inc. - 10,000 March 60.0 Calls were bought for $0.31

　 

Financials 

C Citigroup Inc. - An investor sold 10,000 Jan 12 5/5.5 call verticals for $0.14 - could be closing after BAC downgraded C today

JPM JPMorgan Chase & Co. - An investor sold 31,000 March 47.50 Calls at $0.23 and bought 7,000 April 47 Calls for $1.01.  

BAC Bank of America Corporation - An investor bought 20,000 January'13 12.50 Calls.  Possibly unrelated someone sold 20,000 March 15's at $0.08

PNC PNC Financial Services - Sold 4,500 May 55 puts and buys 4,500 May 62.5/67.5 call spreads for a net $0.08 debit 

　 

Healthcare 

HGSI Human Genome Sciences - 1000 April 27 puts were sold at $3.05 

LIFE Life Technologies Corp. - 5000 April 55 / 50 bullish risk reversals traded for $0.40 to open.  

GENZ Genzyme Corporation - 5000 July 75 calls were sold at $1.47

*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.