Options Flow Recap September 1st

Macro / Thematic

IWM - 10,000 of the October 71 / 63 put spread was bought for $2.34.

SPY - 10,400 of the September 102 / 112 put spread bought for $0.45; bought 5000 September 107 puts for $0.30 and bought 10,000 of the September 117 / 108 put spread for $1.00 as a package. 

XLI - 5000 of the December 34 calls were sold at $1.15 tied to stock at $32.16 on a 36 delta.

Consumer

DISH - 10,000 of the January'13 40 calls were bought for $0.95. The trade was tied to 158,000 shares and appears to be to open.

LIZ - 8500 of the October 4 calls were bought for ~$0.30. The calls were bought to open.

ZQK - 2500 of the September 4 calls were bought for $0.375. The calls were bought to open ahead of earnings on September 2nd (before the open)

Energy

BP - 4500 of thre October 34 puts were sold at $0.72. The puts were sold to open.

Industrials / Materials

AUY - 2500 of the January 15 puts were sold at $1.16. The trade was tied to stock at $16.05 on a 35 delta.

DOW - 3000 of the January 26 puts were bought for $2.14. The trade was tied to stock at $28.25 on a 34 delta.

X - 6500 of the October 33 calls were bought for $1.10.

Tech

ALU - 6245 of the December 3.5 puts and 5437 of the December 4 puts were sold at $0.40 and $0.70 respectively. Both trades appear to be sold to open.

LXK - 5200 of the October 32 puts were bought for $1.75. The puts were bought to open.

RIMM - 9200 of the September 29 / 42 risk reversal was bought for $0.27. The risk reversal was tied to 375,000 shares at $32.81

XRX - 15,000 of thhe October 8 / 9 strangle was sold at $0.68. The strangle was sold to open.

Financials

ETFC - 9000 of the September 11 / 13 strangle was sold at $0.78.

ITUB - 4000 of the Janaury'13 20 calls were sold at $2.52. The trade was tied to stock at $19.18.

Healthcare

IRWD -  6100 of the February 17.5 calls were sold at $0.20. The calls were sold 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.