Market-wide option volume of 37.3m contracts was 29% above recent average levels, with calls leading puts 19 to 10. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Utilities, Consumer Goods and Technology while Oil & Gas and Basic Materials were relatively light. Of the 3,579 stocks with listed options, 2,306 (64%) closed higher, and 1,027 (29%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 353 and lower for 95. Unusual total option volume was observed in AAPL, TSLA, INTC, SNAP and DKNG. Data provided by Trade Alert LLC
Not much out there today with the exception of: $DOW 3500 block hitting the Oct 16, 2020 $50 calls at $1.73 and a quick play in $LVS 9/11/20 $49 calls under $2.00. Keeping an eye for a day trade in the $QQQ's short term, $297 puts sep 11. Up or down a strike depending on "pulse."
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Market-wide option volume of 30.9m contracts was 7% above recent average levels, with calls leading puts 2 to 1. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Consumer Goods, Technology and Consumer Services while Telecommunications and Utilities were relatively light. Of the 3,574 stocks with listed options, 2,034 (57%) closed higher, and 1,296 (36%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 329 and lower for 123. Unusual total option volume was observed in AAPL, TSLA, WMT, ZM and QCOM. Data provided by Trade Alert LLC Click on image to enlarge for more details Market-wide option volume of 32.1m contracts was 14% above recent average levels, with calls leading puts 11 to 6. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Consumer Services, Consumer Goods and Technology while Health Care and Industrials were relatively light. Of the 3,576 stocks with listed options, 2,398 (67%) closed higher, and 933 (26%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 299 and lower for 150. Unusual total option volume was observed in WMT, ROKU, NVDA, CCL and CRM. Data Provided by Trade Alert LLC
Market-wide option volume of 32.1m contracts was 17% above recent average levels, with calls leading puts 9 to 5. Most active sectors included Consumer Goods, Technology and Consumer Services while Industrials and Telecommunications were relatively light. Of the 3,576 stocks with listed options, 1,235 (35%) closed higher, and 2,097 (59%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 314 and lower for 131. Unusual total option volume was observed in NIO, FB, CRM, NFLX and BABA.
Unusual big tech names continue to see delta tied trades. Looks they're playing for more by replacing stock and getting leverage via options. Click on image below to enlarge. Forgot to add $NFLX Oct $550/650 c. spread tied to delta of 372k shares. Market-wide option volume of 25.3m contracts was 8% below recent average levels, with calls leading puts 9 to 5. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Consumer Goods, Consumer Services and Financials while Utilities and Telecommunications were relatively light. Of the 3,568 stocks with listed options, 1,796 (50%) closed higher, and 1,530 (43%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 289 and higher for 154. Unusual total option volume was observed in NIO, BABA, CRM, DKNG and SBUX. Data provided by Trade Alert LLC
Stock replacement in big tech names continue. Prudent to get hedged at the very least. $SO sees some unusual. For more click on image to enlarge. Market-wide option volume of 27.9m contracts was in line with recent average levels, with calls leading puts 16 to 9. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Oil & Gas, Industrials and Consumer Services while Basic Materials and Telecommunications were relatively light. Of the 3,569 stocks with listed options, 2,340 (66%) closed higher, and 989 (28%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 283 and lower for 163. Unusual total option volume was observed in CCL, RKT, PBR, PUMP and BBY. Data provided by Trade Alert LLC
Healthy rotation in play. Seems like Big Tech losing steam and financials getting most of the flow. For trades and details click on image to enlarge. Market-wide option volume of 23.0m contracts was 17% below recent average levels, with calls leading puts 7 to 4. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Consumer Goods, Basic Materials and Consumer Services while Telecommunications and Utilities were relatively light. Of the 3,572 stocks with listed options, 1,713 (48%) closed higher, and 1,618 (45%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 257 and higher for 188. Unusual total option volume was observed in WMT, GOLD, GM, JD and HD. Data provided by Trade Alert LLC
Click on image to enlarge for trades Market-wide option volume of 26.0m contracts was 7% below recent average levels, with calls leading puts 13 to 8. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Utilities, Technology and Consumer Goods while Consumer Services and Basic Materials were relatively light. Of the 3,571 stocks with listed options, 1,368 (38%) closed higher, and 1,959 (55%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 292 and higher for 153. Unusual total option volume was observed in CSCO, MU, LYFT, AMAT and BIDU. Data provided by Trade Alert LLC
Click on image to enlarge Market-wide option volume of 26.7m contracts was 5% below recent average levels, with calls leading puts 3 to 2. Index and ETF products saw relatively heavy volume, while single stock flow was moderate. Most active sectors included Telecommunications, Consumer Goods and Oil & Gas while Basic Materials and Utilities were relatively light. Of the 3,570 stocks with listed options, 2,031 (57%) closed higher, and 1,295 (36%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 375 and higher for 70. Unusual total option volume was observed in TSLA, CSCO, QCOM, LYFT and INO. Data provided by Trade Alert LLC
$STM unusual activity continues, particular strike has seen the most interest. $TBT risk reversal looking for rate pick up after the new year. $TRIP specs on the rotation, beaten down play. $WDC under the radar looking for bounce. $WFC giant call buy. $X Specs for somo momentum to pick up, maybe fiscal headline. Market-wide option volume of 33.3m contracts was 19% above recent average levels, with calls leading puts 5 to 3. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Financials, Oil & Gas and Telecommunications while Consumer Goods and Utilities were relatively light. Of the 3,560 stocks with listed options, 1,571 (44%) closed higher, and 1,746 (49%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 228 and higher for 217. Unusual total option volume was observed in BAC, JPM, XOM, C and INO. Date provided by Trade Alert LLC
Bullish activity has been rotating into more cyclical industries as of late. Financials seeing the most rewarding trades along with some short term ETF trades. $BHC this week specs come in for a rush. $EWZ sees good size, some put spread in the same week but worth following for the following week. $GILD sees a pop after hrs on Moderna news, gets some positives from Adami on "FM" show. Stay close. $GPS with 15k multi leg spread. $TWTR is the most appealing, trades 2359 c spread for Sep Exp. Speculation picking up on subscription service. For more click on image to enlarge. Market-wide option volume of 29.6m contracts was 6% above recent average levels, with calls leading puts 17 to 9. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Oil & Gas, Financials and Industrials while Consumer Goods and Telecommunications were relatively light. Of the 3,560 stocks with listed options, 2,227 (63%) closed higher, and 1,087 (31%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 265 and lower for 182. Unusual total option volume was observed in KODK, RIG, SRNE, MGM and CSCO. Data provided by Trade Alert LLC
Unusual activity continues in the big tech names $ADBE, $CRM, $FB, $GOOG, and $MSFT with large call spreads tied to delta blocks executing. Could me replacing stock and willing to participate for later vol in the options. Will look to update over the weekend and break down further with past trades. For more click on image to enlarge. Market-wide option volume of 34.6m contracts was 25% above recent average levels, with calls leading puts 14 to 9. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Telecommunications, Technology and Financials while Consumer Goods and Utilities were relatively light. Of the 3,560 stocks with listed options, 2,187 (61%) closed higher, and 1,123 (32%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 222 and lower for 219. Unusual total option volume was observed in FB, UBER, T, FSLY and GSX. Data provided by Trade Alert LLC.
Unusual activity continues in big tech names. See 8/5 post. Can be dynamic hedges going forward or stock replacements taking some chips off the table. More to follow. For more trades and greater details click on image to enlarge Market-wide option volume of 30.7m contracts was 12% above recent average levels, with calls leading puts 2 to 1. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Technology, Consumer Services and Basic Materials while Utilities and Consumer Goods were relatively light. Of the 3,560 stocks with listed options, 1,492 (42%) closed higher, and 1,818 (51%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 282 and higher for 157. Unusual total option volume was observed in AAPL, FB, AAL, DIS and UBER. Data provided by Trade Alert LLC
$HPE with some buying in Sep $10 calls. $MS next week spec for a bounce. $PYPL tied stock and options trade. Could be replacement or dynamic hedge. $WFC collar trades 33k Sep 11 exp. For more click on image to enlarge. Market-wide option volume of 29.5m contracts was 8% above recent average levels, with calls leading puts 9 to 5. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Basic Materials, Oil & Gas and Consumer Services while Consumer Goods and Utilities were relatively light. Of the 3,560 stocks with listed options, 2,409 (68%) closed higher, and 901 (25%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 307 and higher for 136. Unusual total option volume was observed in DIS, AAL, SQ, ET and ATVI. Data provided by Trade Alert LLC
Most interesting trades of the day were plays in the BIG TECH names: $ADBE, $CRM, $FB, $GOOG and $MSFT. Big block call spreads traded tied to delta hedge of the underlying shares. The play can be either one or the other of the following: Stock replacement strategy removing money from the table and willing to participate with a call spread or the trades are delta neutral strategies implying a dynamic hedge going forward. The first strategy is pretty straightforward. Sell stock and buy the call spreads. The second strategy, the one I give more weight to as the most probable, is a short position in the underlying and long the call spread. Considering they're long the spread only means volatility is expected to pick up, by shorting the stock they will be constantly buying and selling the underlying to continuously remain delta neutral until expiration. The expectation is that future expected realized volatility will be greater than today's implied volatility, and by continuously hedging the underlying they are attempting to extract that value. Get protected as some healthy chop is on the way.... For more click on image to enlrage Market-wide option volume of 26.2m contracts was 5% below recent average levels, with calls leading puts 9 to 5. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Oil & Gas, Technology and Health Care while Financials and Utilities were relatively light. Of the 3,558 stocks with listed options, 2,054 (58%) closed higher, and 1,253 (35%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 288 and higher for 155. Unusual total option volume was observed in AMD, TLRY, ATVI, DIS and KOD Data provided by Trade Alert LLC
$HST with spec buyers for Aug $11 exp. $QQQ put spreads add size to Aug exp. $QRTEA with unusual continues, earnings play and long. Market-wide option volume of 27.1m contracts was in line with recent average levels, with calls leading puts 9 to 5. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Oil & Gas, Technology and Industrials while Financials and Utilities were relatively light. Of the 3,558 stocks with listed options, 2,272 (64%) closed higher, and 1,034 (29%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 323 and lower for 120. Unusual total option volume was observed in MSFT, APA, KODK, WORK and DXC. Data provided by Trade Alert LLC
$M with 15k multi bullish spread. $PAAS 1800 call spread sees more gains to reach past highs. $Z looks like hedge into earnings with 3750 blocks. Strong finish for the last day of July with 32.8M contracts trading, 21% above recent average levels, and single-stocks dominating the day following earnings from Apple, Facebook, Amazon and Alphabet. Total option volume for the month topped 602M contracts, or 27.4M contract ADV, in line with 2020 averages and nearly 44% above 2019 ADV. Trade count for the month was nearly 89M executions, for an average size of 6.8 contracts, an all-time low. In today's price action, 1,152 (32%) stocks closed higher, and 2,152 (61%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 273 and higher for 173. Unusual total option volume was observed in AAPL, FB, F, T and GE. Data provided by Trade Alert LLC
$CCJ large block tied to underlying. $CRUS sees some action for earnings. $ELAN continues its unusual options trades and stock trades. Thinking dynamic hedger in here. $JD gets a HT bump. $SLV straddle tied to delta neutral strategy. Oct exp. $UUP dollar play could be a hedge against a futures position. For more click on image to enlarge Market-wide option volume of 25.2m contracts was 7% below recent average levels, with calls leading puts 7 to 5. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Technology, Basic Materials and Financials while Telecommunications and Consumer Services were relatively light. Of the 3,557 stocks with listed options, 1,209 (34%) closed higher, and 2,092 (59%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 292 and lower for 157. Unusual total option volume was observed in QCOM, KODK, PYPL, UPS and KO. Data provided by Trade Alert LLC
$ADVM call spread looks like hedge against short. $BBBY saw some heavy hitter open the Nov $12 puts. $ELAN player continues to shift between stock and options. Dynamic hedger we're thinking. $SLV call spread open Sep30 $27/33 13k at $.40....who knows.... $USFD call spread removed a portion of the position opened on 7/8 Click on image for more and to enlarge. Market-wide option volume of 24.2m contracts was 11% below recent average levels, with calls leading puts 11 to 7. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Industrials, Basic Materials and Health Care while Consumer Services and Consumer Goods were relatively light. Of the 3,558 stocks with listed options, 2,600 (73%) closed higher, and 700 (20%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 334 and higher for 114. Unusual total option volume was observed in AMD, PFE, KODK, INTC and PYPL. Data provided by Trade Alert LLC
$CCJ saw alrge block hit the tape for the Sep $12 strikes at $.30 debit on the sell off after earnings. $ELAN player shifting around in options. Theres a dynamic hedger in here playing with the underlying and options value/price. $JCI small hit for earnings next week. $LVS buyer comes in with underlying tied block. $QRTEA sees activity second day in a row. Looks like earnings play, may be worth a shot at $.80 or better. $TEVA large block call spread trade in Dec exp. 30k total in three separate trades. Market-wide option volume of 21.2m contracts was 23% below recent average levels, with calls leading puts 3 to 2. Most active sectors included Basic Materials, Health Care and Industrials while Oil & Gas and Consumer Goods were relatively light. Of the 3,546 stocks with listed options, 1,121 (32%) closed higher, and 2,167 (61%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 278 and higher for 171. Unusual total option volume was observed in INTC, CGC, TLRY, EBAY and V. Data provided by Trade Alert LLC.
Airline $DAL and $LUV saw some unusual volume come in. $HYG short term put spread looking for a mini pull back to moving average support. $INSG saw some spec buyers, after oi changes looks like it could have been a call spread legged in at different times (no way to confirm). Long a call fly. $IWM p. fly this week expiration sets up good risk reward if we see a small pull back after big tech congressional testimony and fed fomc. $SPY sees p. fly Aug 14 expiration looking for pull back to support levels around 150 and 200 dma. For more click on image to enlarge. Market-wide option volume of 24.5m contracts was 12% below recent average levels, with calls leading puts 11 to 7. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Basic Materials, Telecommunications and Health Care while Consumer Services and Consumer Goods were relatively light. Of the 3,546 stocks with listed options, 2,099 (59%) closed higher, and 1,193 (34%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 232 and lower for 217. Unusual total option volume was observed in INTC, AUY, VALE, TSM and MCD. Date provided by Trade Alert LLC
$BHC spec buyers sweep in size. $ELAN continues to see options shifting, earnings soon. Long the Aug $25 calls. $HLT looks like protective hedge. $PYPL ratio strategy for earnings. $VIX player looking for quiet range into the end of summer. For more click on image. Market-wide option volume of 28.7m contracts was 4% above recent average levels, with calls leading puts 5 to 4. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Technology, Telecommunications and Basic Materials while Financials and Consumer Services were relatively light. Of the 3,545 stocks with listed options, 724 (20%) closed higher, and 2,566 (72%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 227 and higher for 219. Unusual total option volume was observed in AMD, INTC, AUY, TSM and PBR. Data provided by Trade Alert LLC
Click on image to enlarge. Market-wide option volume of 29.8m contracts was 8% above recent average levels, with calls leading puts 3 to 2. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Telecommunications, Technology and Basic Materials while Financials and Oil & Gas were relatively light. Of the 3,545 stocks with listed options, 1,482 (42%) closed higher, and 1,808 (51%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 301 and higher for 145. Unusual total option volume was observed in MSFT, TWTR, PFE, MU and T. Data provided by Trade Alert LLC
$AEO with continuous activity in the Nov exp. $KTOS defense sees specs come in, upgrade this morning. Long. $MAT receives a "HT" bump. $NLOK and other security names get some action. Click on image to enlarge and for more details. Market-wide option volume of 24.9m contracts was 11% below recent average levels, with calls leading puts 7 to 4. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Utilities, Basic Materials and Health Care while Consumer Goods and Consumer Services were relatively light. Of the 3,545 stocks with listed options, 1,748 (49%) closed higher, and 1,549 (44%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 311 and higher for 139. Unusual total option volume was observed in AMD, PFE, SNAP, FE and FEYE. Data provided by Trade Alert LLC
$AEO spreads and adjustments look like hedges against short bets as short int. is 21% and retails (especially old brand retail i.e. Brooks Brothers) continue to struggle. $FEYE this week spec buying received a little extra oomph from the HT bump. $PAA pipeline operator sees oi increase by relative amount. Could catch a bid as yield hungry investors start to take notice of some of their payouts. $PINS with action out in Nov. $STX call buyers catches earnings, saw large block "collar" trades in August along with $WDC, see previous post. Market-wide option volume of 25.5m contracts was 9% below recent average levels, with calls leading puts 13 to 8. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Health Care, Basic Materials and Telecommunications while Utilities and Consumer Services were relatively light. Of the 3,543 stocks with listed options, 1,367 (39%) closed higher, and 1,923 (54%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 278 and higher for 167. Unusual total option volume was observed in AZN, MRNA, IBM, KO and SBUX. Data provided by Trade Alert LLC $JPM 6k call spread
$SKX funny business. $SONO turning up the bass. $STX and $WDC see large strangles trade in August exp. Could be protective collars or risk reversals. Not trusting the side of market stamps. $TSN with unusual activity for this weeks exp. $XLF 10k strangle looks bought to open at $2.34. For more click on image to enlarge. |