Options Flow Recap Sept 12

Macro / Thematic

EFA – 6000 of the September 49 puts were sold at $1.46.

SPY – 6000 of the October 110 puts were sold at $4.00

Consumer

CBS - A total of 3000 December 20 / 25 bearish risk reversal was bought for an average of  ~$0.467. The position appears to be to open.

KFT - 2500 of the October 30 / 33 bearish risk reversal was sold tt $1.31.

MPEL - 1000 of the September / October 11 put spread was bought for $0.75.

SNE - 2500 of the January'13 20 / 25 call spread was bought for $1.725

Energy

MMR - 6500 of the January'13 22.5 calls were bought for $1.65.

UNT – 850 of the March 55 calls were bought for $2.50.

Industrials / Materials

EGO – 9000 of the September 20 calls were bought for $1.30.

FDX – 5000 of the October 82.5 calls were sold to buy the October 65 / 70 put spread for $0.75 net debit. The position appears to be an opening transaction.

GG – 3500 of the January’13 80 calls were bought for $3.15.

KGC – 8000 of the January’13 25 calls were bought for $1.37. 

MMR – 6500 of the January’13 22.5 calls were bought for $1.65. The calls were bought to open.

Tech

AAPL - ~31,000 of the September 430 / 435 call spread was bought for $0.03. It is likely a closing trade.

QCOM – 10,000 of the October 65 / 70 put spread was sold at $2.947 versus 260,000 shares at $50.50

Financials

ETFC - 5000 of the October 11 / 15 1x3 call ratio spread was bought for $0.27.

GGP - 1400 of the October 11 / 13 bullish risk reversal traded for even money.

NDAQ - 5000 October 25 calls were sold at $0.425. The trade was tied to 110,000 shares at $21.75.

Healthcare

DNDN - 2600 of the October 9 puts were bought for $0.42. The puts were bought to open.

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 *Special thanks to Option Radar, BMO Capital, MEB Options, Bloomberg, Reuters, Optionistics, LiveVolPro, CBOE, AMEX, 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.