Option Flow Recap March 7

Macro / Thematic

USO United States Oil Fund LP – An investor bought the April 41 / 38 1x2 put spread; 12500 x 25000 for $0.43.

JNK SPDR Barclays Capital High Yield – An investor bought 4000 April 39 Puts for $0.15

Consumer

AMR AMR Corporation – 14,500 April 7 calls were bought for $0.27

SPLS Staples, Inc. – 7500 September 22 / 19 bullish risk reversals traded. The investor collected $0.25.

LBTYA Liberty Global Inc. – 15,000 January’12 50 / 55 call spreads were bought for $1.10

TGT Target Corporation – 5000 TGT April 50 puts were sold at $0.80 and seperately 4000 July 55 calls were bought for $1.44

Tech

AMAT Applied Materials, Inc.  – 10,000 April 15 puts were bought for $0.34 while 8845 April 15 puts appeared to be sold at $0.40 and an additional 8600 appeared sold at $0.34 to open. A total of 36,500 options traded on the line today.

ARMH ARM Holdings plc – 9000 October 24 / 27 3x2 put spreads traded today for a small credit of $0.12 to $0.15. The October 27s appear to have been sold and the October 24s bought.

MU Micron Technology, Inc. - An investor paid $0.42 for 10,000 of the January 10 /15 bearish risk reversal, tied to 640k shares at $11.47. The trade could be closing of an existing position or part of a collar.

Financials

MET MetLife, Inc. – 5000 of the June 46 / 40 bullish risk reversals traded with the investor collecting $0.32. This is an opening position.

C Citigroup Inc. - Jan 13 7.5 calls sold 16,000x @ $0.19

Industrials / Materials

VSH Vishay Intertechnology – Over 5000 July 17.5 puts traded today with almost 3900 trading on the offer.

ACI Arch Coal, Inc. – One investor sold 8600 January 10 puts at $0.11 and bought 13,000 January’13 12.5 puts for $0.78

Energy

HK Petrohawk Energy Corporatio - 10000 January’12 5.0 Puts were sold at $0.06 

Healthcare

HMA Health Management Associates, Inc.  – 1300 August 11 / 13 call spreads were bought for $0.55

HGSI Human Genome Sciences – 7500 March 22 / 24 put spreads were sold at $0.35.

*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.