Sunday, May 1, 2011

Option Flow Recap April 29th


Consumer

DDS Dillard's, Inc. – 6000 of the May 35 / 38 risk traded for $10.25 and 6000 of the June 40 / 45 bearish risk reversal traded for $4.15. It appears to be a roll from the May risk reversal into a June risk reversal.

EK Eastman Kodak Company – 5000 of the May / October 3.5 call spread was bought for $0.34. It is likely a roll of a position out several months.

AMR AMR Corporation – 3700 of the June 7 calls were bought for $0.13. The calls were bought to open.

Energy

LNG Cheniere Energy, Inc.  – 5000 of the December 11 calls were bought for $1.80. It appears to be an opening purchase. The September 12 calls were also bought 4100x for $1.00.

WMB Williams Companies, Inc. – 25,000 of the August 35 calls were bought for $1.03. The calls were bought to open.

SD SandRidge Energy Inc. – 2000 of the May 8 calls were bought for $4.45. The calls were bought to open.


Industrials / Materials

MAS Masco Corporation – 2500 of the January’13 14 calls were bought for $2.15. The calls were bought to open.

VPRT VistaPrint NV – 2100 of the June 47.5 puts were sold at $0.70. The puts were sold to open.


Tech

S Sprint Nextel Corporation – 19,000 of the June 6 calls were bought for $0.07. The calls were bought to open.

RIMM Research In Motion Limited – 10,000 of the June 57.5 / 42.5 puts spreads were sold at $8.45. It appears to be a roll down in strikes with the June 42.5 puts being bought to open.


Financials

Citigroup Inc. – 43,000 of the September 5 / 5.5 calls spreads were bought for $0.035.

SFI iStar Financial Inc. – 15,000 of the January 10 call were sold at $1.10 as part of a buy write strategy.


Healthcare

CELG Celgene Corporation – Over 6300 of the May 62.5 calls traded today with over 69% trading on the offer.  

*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.

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