Option Flow Recap May 9th

Macro / Thematic

EEM iShares MSCI Emerging Markets Indx (ETF) - 15,000 of the June 46 puts were bought for $0.65. 10,000 of the June 49 calls were sold at $0.65.

SPX saw 51% the normal volume with 109K calls and 212K puts traded.  The most active SPX options were: Sep 800P (10K), May 1250P (9.9K), May 1350C (8.2K), June 1350P (8.1K), June 1350C (8K).  The top open interest positions are: Dec 1400C (196K), June 1300P (153K), June 1325P (150K), June 1325C (148K), Dec 400P (142K).

VIX saw 88% the normal volume with 246K calls and 42K puts traded.  Some larger trades in the pit:

·         Buyer 14K May 27.5 calls for .20
·         Buyer 10K May 25 calls for .25
·         Seller 7.5K June 19 puts at 2.075
·         Buyer 5K May/June 18 put spread for .025
·         Buyer 5K July 22.5/27.5 call spreads for .85

Citi's Reverse Split

Open publication - Free publishing - More c

Option Flow Recap & Chart Review May 3

Click the links to pull up the chart

Macro / Thematic

UUP 

PowerShares DB US Dollar Index Bullish 

– 2500 of the September 23 / December 24 calls stupid was purchased for $0.29. The calls were both bought to open.  Has UUP capitulated? 

IWM 

iShares Russell 2000 Index 

– 10,000 of the June 77 puts were sold at $0.81.  Found support on its 20 ema today... 77 puts are below support from Jan and March. 76.19 break even

Option Flow Recap May 2nd

Macro / Thematic

EEM - 9500 of the August 47 / 42 put spread was purchased for $0.98 along with a sale of 11,000 of the June 46 puts at $$0.44 and a sale of 7000 of the June 47 puts at $0.62.

Heather Dorniden: What life is really about. We will fall. We can rise.

Great video I found on the MissTrade site. Heather Dorniden of the University of Minnesota races the 600m at the Big 10 Indoor Track Championships. She reminds what a race really is about. What life is really about. We will fall. We can rise.

Some Work Harder in Preseason

Derrick Rose. Before the season, he was a good young point guard on a playoff team. Now, he’s the favorite to win the MVP award and the Bulls are legit title contenders. It’s clear that he worked harder on his game than nearly anyone else in the League. Andris Biedrins? Not so much. And by the way, the unofficial prediction of Sea of Opportunity for the NBA playoffs is: Lakers over the Heat in game 6.