Options Flow Recap July 13th

Macro / Thematic

IWM iShares Russell 2000 Index – 35,000 of the August 83 / 86 call spread was bought for $1.65 along with a purchase of 35,000 August 82 puts for $1.55.

Consumer

CQB  Chiquita Brands International, Inc. – 2000 of the November 13 calls were bought for $1.15. It appears to be an opening transactions.

CRI  Carter's, Inc. – 3000 of the September 30 puts were bought for $1.65.

GES Guess?, Inc.  – 10,000 of the September 44 calls were bought for $1.575 delta-neutral. 10,000 of the same line were bought yesterday.

PEP PepsiCo, Inc. – 8200 of the July 70 / August 72 call spread was sold at $0.11.

TIF Tiffany & Co.  – 2600 of the February 75 puts were bought for $5.10.

Energy

SD – 4500 of the July / August 8 calls spread was bought for $0.12. The trade was a roll from July to August with the August calls bought to open.  

TSL  Trina Solar Limited – 3800 of the January 25 calls were bought for $1.08, tied to $18.87 stock.

Industrials / Materials

AUY  Yamana Gold Inc. – 10,00 of the October 13 / 14 call spread was sold at ~$0.41. It appears to be a roll higher in strikes.

CSTR  Coinstar, Inc. – 2800 of the January 65 calls were bought for $5.50. The calls were bought to open.

DOW The Dow Chemical Company – 10,000 of the July 34 puts were sold at $0.34. The puts were sold to open.

VALE  Vale – 2800 of the January 27 puts were bought for $0.98. The puts were bought to open.

Tech

ADSK Autodesk, Inc. - 3600 of the August 39 calls were bought for $1.23. The calls were bought to open.

GLW Corning Incorporated – 15,000 of the August 22 puts were sold at $4.95 to buy 30,000 of the August 18 puts for $1.33. The investor collected $2.29 on the trade.

JBL Jabil Circuit, Inc.  – 4000 of the September 22 calls were bought for $0.60.

NWSA  News Corporation – 3000 of the January’13 15 / 17.5 bearish risk reversals were bought for $0.25. The trade was bought to open.

TSM Taiwan Semiconductor Mfg. Co. Ltd. – 12,000 of the August 12.5 puts were bought for $0.49.

Financials

BAC Bank of America Corporation – 20,000 of the January 9 puts were sold at $0.55 to buy 20,000 of the January 11 calls for $0.73. (lots of put sale in BAC today)

WFC Wells Fargo & Company – 8500 of the October 22 puts were bought for $0.36.

Healthcare

BMY Bristol Myers Squibb Co. – 3200 of the September 27 puts were sold to buy 1200 September 31 calls for $0.23. The calls appear to be bought to open.

SGEN Seattle Genetics, Inc. – 3500 of the July 15 puts were bought for $0.30.

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 *Special thanks to Option Radar, BMO Capital, MEB Options, LiveVolPro, CBOE, Option Monster, T.O.P. group, 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.