Options Flow Recap July 19th

Macro / Thematic

VIX - 19,000 of the September 16 puts were bought for $0.29.

XLE Energy Select Sector SPDR  - 32,000 of the September 83 calls were sold at $0.94. The trade appears to be to open and possibly tied to 300K shares at $77.29. 

Consumer

DHI D.R. Horton, Inc. - 18,000 of the August 12 calls were sold at $0.37. At the same time 30,800 of the August 7 puts were sold at $0.29.

ERTS Electronic Arts Inc.  – 25,000 of the December 26 calls were bought for $1.55. The calls were bought to open and were tied to 1.05 million shares at $24.00.

PHM  PulteGroup, Inc. - 30,600 of the August 7 puts were sold at $0.29.

Energy

APC Anadarko Petroleum Corporation  - 2500 of the August 80 calls were sold at $3.75.

CHK  Chesapeake Energy Corporation - 1500 of the September 36 calls were bought for $0.88. The calls were bought to open. The calls are 7% out of the money with 59 days left until expiration. Playing the HK momo.

CVX Chevron Corporation - 5000 of the September 115 / 120 call spread was bought for $0.63. The company is expected to report earnings on July 29th.  Stock close to a break out level. 

OKE ONEOK, Inc.  - In a name that does not see much option activity, 770 of the August 75 calls were sold at $1.10. The calls were sold to open.

Industrials / Materials

AA Alcoa Inc.  - A block of 5900 August 16 calls appeared to be bought for $0.30. The calls appear to be bought to open. Over 35,000 of the August 16 calls traded on the day with 60% trading on the offer.

CSR China Security & Surveillance Tech. Inc. - 2300 of the September 7.5 straddle was bought for $2.65. The straddle appeared to be bought to open.

MAS Masco Corporation - 3000 of the August 12 calls were bought for $0.35. The calls were bought to open in a multi exchange sweep.

Tech

AAPL  Apple Inc - 10,000 of the July (22nd) 390 / 395 call spread was bought for $1.575. The spread was bought to open. Cash it!

EMC  EMC Corporation - 7400 of the October 26 puts were bought for $0.93.

GLW Corning Incorporated - 4000 of the September 17 calls were sold at $0.65. The calls were sold to open.

MSFT  Microsoft Corporation - 26,000 of the January'13 22.5 / 30 risk reversal was bought for $0.11. The trade was not tied to stock and comes ahead of the company's earning report on Thursday. Can Mr. softy follow AAPL, IBM and GOOG? Stock got though 27 with volume today. 

SNDK  SanDisk Corporation - 6300 of the August 45 calls were sold at $0.99. The calls were sold to open.

Financials

ALL  The Allstate Corporation - 17,500 of the January 33 / 35 call spread was sold at $0.17. Separately, 11,000 of the October 34 calls were bought for ~$0.14 and sold 8000 of the January 33 calls at $0.40.

ETFC E TRADE Financial Corporation  - Over 5700 of the October 17 calls appeared bought for $0.17. The company will report earnings on Wednesday, July 20th after the market close.  Ichan rumor name

Healthcare

CLSN Celsion Corporation - 20,000 of the September 2.5 puts were sold over the course of the day. The puts were sold to open.

KCI Kinetic Concepts, Inc. - 3000 of the September 70 calls were bought to open for $0.60.

MYL Mylan Inc. - 1440 of the August 24 calls were bought for $0.81.

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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.