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 with this week specs picking up calls.
Casinos $MLCO and $WYNN saw some chips on the table. $SBUX had good activity for this weeks $76 calls at $.52± $SUM with an interesting bullish spread adjustment. Seems to be the 3rd one from the same player whose been active from May to August, and now from the August to the November. Bullish! Earnings today after the close. $TIP saw another 2k call spread out in Mar 2021. Had large size added to the same position on 7/9. Looks to be inflation expectation bid and/or CB buying. Click on image for more.
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Market-wide option volume of 29.4m contracts was 5% above recent average levels, with calls leading puts 11 to 7. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Health Care, Industrials and Basic Materials while Financials and Technology were relatively light. Of the 3,544 stocks with listed options, 1,824 (51%) closed higher, and 1,467 (41%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 391 and higher for 51. Unusual total option volume was observed in NIO, SPCE, NFLX, MRNA and AZN. Data provided by Trade Alert LLC $AUY saw heavy activity in the Aug $7 calls with market makers hedging their delta as they were sitting on the offer.
$ELAN continues to see bullish activity. Trades call ratio or call stupid. There is a possibility the Aug $25 strike oi hasn't been properly updated. Earnings due Aug5. Long options in here. $GLD trade 18k call spread in the Aug $175/179 strike for $.58 debit. $TRIP continues to see unusual risk reversal positioning trading the Sep $21puts vs the $22 calls. There was a block that traded 19,500 of the underlying that could be part of a hedge or replacement strategy... For more click on image. Market-wide option volume of 24.6m contracts was 13% below recent average levels, with calls leading puts 17 to 10. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Industrials, Financials and Health Care while Telecommunications and Utilities were relatively light. Of the 3,544 stocks with listed options, 1,228 (35%) closed higher, and 2,060 (58%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 311 and higher for 132. Unusual total option volume was observed in SPCE, NFLX, MS, DKNG and CAT. Trade that stood out was a 7100 block call spread for October exp. $36/48 strike at $2.75 debit. Underlying was particularly strong considering the news on the account hack. Will try to execute same or similar as stock is looking to break $37 level. Maybe call condor or butterfly will work here.
Market-wide option volume of 31.0m contracts was 8% above recent average levels, with calls leading puts 7 to 4. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Health Care, Industrials and Financials while Telecommunications and Utilities were relatively light. Of the 3,544 stocks with listed options, 2,854 (81%) closed higher, and 423 (12%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 315 and higher for 127. Unusual total option volume was observed in F, GE, MRNA, AZN and NCLH. Data provided by Trade Alert LLC $ELAN been seeing options shifting. Smart player in here and earnings on Aug 5th.
$SNAP sees large block call spread with underlying 448k share tied to the trade. $TSN call buyers come in under the radar. Keep an eye on this one. For more click on image to enlarge and more. Market-wide option volume of 25.8m contracts was 13% below recent average levels, with calls leading puts 7 to 5. Most active sectors included Financials, Basic Materials and Consumer Goods while Consumer Services and Utilities were relatively light. Of the 3,539 stocks with listed options, 2,437 (69%) closed higher, and 831 (23%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 290 and higher for 148. Unusual total option volume was observed in STM, BRK/B, GS, VXRT and SOLO. Data provided by Trade Alert LLC $ADI saw a 10k block hit the bid side to open.
$STM received a "HT" bump after seeing more unusual activity continue after the same on Monday. $HBI saw some nice tags, received an upgrade today. For more click on image to enlarge. Market-wide option volume of 35.5m contracts was 20% above recent average levels, with calls leading puts 5 to 3. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Health Care, Technology and Consumer Goods while Oil & Gas and Utilities were relatively light. Of the 3,538 stocks with listed options, 1,128 (32%) closed higher, and 2,143 (61%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 374 and lower for 65. Unusual total option volume was observed in JPM, WMT, PFE, SPCE and WORK. Data provided by Trade Alert LLC. $ELAN counter party risk adjustment. Bullish! Long the call calendar, see 6/23 post.
$GPS call ratio $MGM spec buying after Macau/China news. $STM earnings play and specs coming in after $ADI/$MXIM deal news. Click on image for more. Market-wide option volume of 30.1m contracts was in line with recent average levels, with calls leading puts 11 to 7. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Consumer Goods, Telecommunications and Financials while Health Care and Oil & Gas were relatively light. Of the 3,537 stocks with listed options, 2,336 (66%) closed higher, and 933 (26%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 275 and higher for 167. Unusual total option volume was observed in TSLA, BAC, NFLX, WMT and DIS. Data provided by Trade Alert LLC Steel names saw unusual before getting the "Half Time' bump. Infrastructure noise in the air and general market momo rising most boats at the moment.
$FEZ euro stock play could be hedger against underlying portfolio position. $SABE puts been active recently and more click on image to enlarge and for more. Market-wide option volume of 29.9m contracts was in line with recent average levels, with calls leading puts 14 to 9. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Technology, Utilities and Consumer Services while Health Care and Oil & Gas were relatively light. Of the 3,534 stocks with listed options, 706 (20%) closed higher, and 2,560 (72%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 342 and lower for 95. Unusual total option volume was observed in AMD, BABA, ROKU, SPCE and WMT. Data provided by Trade Alert LLC Most noticaeable trades were short term bond ETF spreads. $TIP call spread and $IEF risk reversal.
Click on image for details and to enlarge Market-wide option volume of 27.3m contracts was 11% below recent average levels, with calls leading puts 12 to 7. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Telecommunications, Consumer Goods and Basic Materials while Industrials and Oil & Gas were relatively light. Of the 3,534 stocks with listed options, 1,958 (55%) closed higher, and 1,308 (37%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 279 and lower for 161. Unusual total option volume was observed in NIO, BABA, TWTR, WMT and T. Data provided by Trade Alert LLC Mostly short term activity with some ETF buyers coming in for the upside catch up.
$AEO Nov call buyers $AZN this week specs $USFD 5k call spread catches earnings. Click on image to enlarge and see more. Market-wide option volume of 24.4m contracts was 22% below recent average levels, with calls leading puts 3 to 2. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Utilities, Consumer Goods and Technology while Industrials and Telecommunications were relatively light. Of the 3,534 stocks with listed options, 652 (18%) closed higher, and 2,612 (74%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 294 and lower for 143. Unusual total option volume was observed in NIO, WMT, M, GNUS and ET. Data provided byt Trade Alert LLC Majority of the activity has been hedges. Aside from that the rest is short term momentum plays that are near term to two weeks out.
Click on image for details and to enlarge. Market-wide option volume of 26.8m contracts was 15% below recent average levels, with calls leading puts 5 to 3. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Utilities, Consumer Goods and Technology while Consumer Services and Financials were relatively light. Of the 3,534 stocks with listed options, 2,336 (66%) closed higher, and 929 (26%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 371 and lower for 67. Unusual total option volume was observed in NIO, BABA, SQ, GNUS and ET. Data provided by Trade Alert LLC $APA with 4k block trade, could be tied to dynamic hedge.
$HUYA saw buyers on the opening, moved too fast for us. $QQQ and $SPX and $SPY saw hedges and short term pull back bets. For more click on image to enlarge. Market-wide option volume of 28.9m contracts was 7% below recent average levels, with calls leading puts 4 to 3. Index and ETF products saw relatively heavy volume, while single stock flow was moderate. Most active sectors included Utilities, Consumer Goods and Technology while Financials and Oil & Gas were relatively light. Of the 3,535 stocks with listed options, 1,928 (55%) closed higher, and 1,336 (38%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 379 and higher for 56. Unusual total option volume was observed in NIO, AMZN, PCG, GNUS and WKHS. Data provided by Trade Alert LLC $CHNG sees call ratio trade tied to underlying stock trade.
$FOLD looks like call calendar, historical resistance around $18±. $QQQ saw some large hedgers come in end of day. Decided to jump in , may have to roll and buy some time as momo continues in the markets with China hype on their front page news. $TSM sees Najarian flag and going higher at the open. For more click on image to enlarge. Oi changes not updated at time of post. Relatively light option volume for the final day of Q2 2020, with 24.5m contracts changing hands, 21% below recent average levels, and calls leading puts 7 to 5 as broad averages lift nearly 1.5% and Cboe VIX index slips over a point to 30.45. For the first six months of 2020, marketwide option volume is just shy of 3.5 billion contracts, an average daily level near 27.8M and 33% above 2019 levels. Across product types YTD, 53% of the volume is single stock, 39.4% ETF, and 7.6% Index. In today's price action, 2,433 (69%) stocks closed higher, and 825 (23%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 380 and higher for 56. Unusual total option volume was observed in WKHS, INO, LULU, FDX and NET. Data provided by Trade Alert LLC $AAL with some put buying for next week.
$AXP sees mini tags on the call side. $LPX protection. $SKX unusual call spread trades 10k size and 300k underlying to match net delta. Could be dynamic hedge keeping delta neutral to extract "value" from options or stock. Or could be stock replacement freeing up capital for other moves and continuing to ride the underlying for more. $SONO cranks up the volume, trades 10/20/10k call butterfly. Citron research been making noise on acquisition by Apple. Earnings due AUg 5th. We're long. Click on image for more details and to enlarge. Relatively light option volume for the final day of Q2 2020, with 24.5m contracts changing hands, 21% below recent average levels, and calls leading puts 7 to 5 as broad averages lift nearly 1.5% and Cboe VIX index slips over a point to 30.45. For the first six months of 2020, marketwide option volume is just shy of 3.5 billion contracts, an average daily level near 27.8M and 33% above 2019 levels. Across product types YTD, 53% of the volume is single stock, 39.4% ETF, and 7.6% Index. In today's price action, 2,433 (69%) stocks closed higher, and 825 (23%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 380 and higher for 56. Unusual total option volume was observed in WKHS, INO, LULU, FDX and NET. Data provided by Trade Alert LLC $BAC and $MS sees large strangle sellers collecting some hefty premium.
$FEZ euro play looking for some follow through. $IYR with put spreads trading. Most likely hedges. $MT flagged it live and had a good 20-30% run by eod. For more click on image to enlarge. Market-wide option volume of 22.9m contracts was 27% below recent average levels, with calls leading puts 11 to 8. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Utilities, Telecommunications and Industrials while Oil & Gas and Basic Materials were relatively light. Of the 3,532 stocks with listed options, 2,609 (74%) closed higher, and 646 (18%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 282 and higher for 154. Unusual total option volume was observed in WKHS, PLUG, GPS, BBBY and ON. Data provided by Trade Alert LLC $BBBY 10 call spread, put sale for 10k can be tied to same player.
$BGS with a similar looking chart to $KHC. Had some unusual, technicals lining up well. Worth following. $FOSL can get a squeeze, trades catch earnings. Click on image for more US Markets finish on a down-note with broad averages sliding more than 2% while Cboe VIX index closed up 2.5 to 34.73. Financials and Energy sectors saw the largest declines, while ETFs representing Healthcare and Materials stocks outperformed. Market-wide option volume of 31.3m contracts was in line with recent average levels, with call volume slightly ahead of puts. ETF and Index products saw relatively heavy volume, while single stock flow was moderate. Among single stocks, active sectors included Utilities, Technology and Health Care while Basic Materials and Oil & Gas were relatively light. Of the 3,528 stocks with listed options, 539 (15%) closed higher, and 2,713 (77%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 356 and lower for 82. Unusual total option volume was observed in FB, INO, GPS, PCG and NKE. Data provided by Trade Alert LLC $AZN receives a Naja. bump for the Aug $65 calls; thinking you can get a better price.
$SCHW put seller takes advantage of high iv relative to historical due to earnings before expiration. Sells 3k July $27 puts to open at $0.42 $SEAS 17.5/35k call ratio spread opens whale size position with a total debit near $3.2 million for December exp. $TLRY rolls 5k put spread from one week to the next. Thinking premium collector as the June 26th expiry was taken off at a net credit. $VIAC 15.5k put purchase looks like hedge, been circling as a pure play production co. among noticeable investors. For more click on image to enlarge and for greater details. Market-wide option volume of 25.7m contracts was 19% below recent average levels, with calls leading puts 4 to 3. ETF and single stock products saw relatively heavy volume, while index flow was moderate. Most active sectors included Utilities, Consumer Goods and Health Care while Oil & Gas and Basic Materials were relatively light. Of the 3,528 stocks with listed options, 2,405 (68%) closed higher, and 847 (24%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 292 and higher for 148. Unusual total option volume was observed in INO, NKE, PCG, SPOT and CLDR. Data provided by Trade Alert LLC You'll notice we've added IV and 30dHV on certain trades. There is a higher probability options are bought when "premium" is cheaper and a higher probability they're sold when IV is inflated relative to 30dhV.
Noticeable activity was all short term with 1 or 2 week expiration. Click on image to enlarge and for more details. Market-wide option volume of 32.3m contracts was 4% above recent average levels, with calls leading puts 7 to 6. ETF and Index products saw relatively heavy volume, while single stock flow was moderate. Most active sectors included Telecommunications, Consumer Goods and Utilities while Financials and Basic Materials were relatively light. Of the 3,528 stocks with listed options, 293 (8%) closed higher, and 2,970 (84%) lower. Among the 500 most liquid single stocks, 30day implied volatility was higher for 395 and lower for 46. Unusual total option volume was observed in PLUG, INO, ORCL, WKHS and NKE. Data provided by Trade Alert LLC Click on image to enlarge and for more details.
Market-wide option volume of 25.8m contracts was 18% below recent average levels, with calls leading puts 8 to 5. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Telecommunications, Health Care and Utilities while Oil & Gas and Industrials were relatively light. Of the 3,524 stocks with listed options, 1,786 (51%) closed higher, and 1,479 (42%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 360 and higher for 81. Unusual total option volume was observed in INO, ORCL, PLUG, PENN and FSLY. Data provided by Trade Alert LLC. $ELAN is our play! Trader initiates 10,000 call calendar spread expecting an increase in Vol as we approach August expiration. Trades at $0.64, selling 10k of the July $25 strike to open 10k of the August $25 strike. Position is +Theta, -Gamma and +Vega. Get $ome!
Click on image to enlarge and more trades/details. Market-wide option volume of 25.5m contracts was 18% below recent average levels, with calls leading puts 3 to 2. Single stock and Index products saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Utilities, Health Care and Basic Materials while Oil & Gas and Financials were relatively light. Of the 3,526 stocks with listed options, 1,894 (54%) closed higher, and 1,372 (39%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 273 and higher for 168. Unusual total option volume was observed in SPCE, AMRN, IDEX, SONO and BOX. $AMRN sees large collar spread.
$BP unusual and other oil related names seeing pickup in activity. Like this one. $GLD call spread trades 13k in size July exp. $MOMO active once again, this time with the Jul $23.26 calls getting busy and 1 1.7k call spread. Click on image to enlarge and see more. Market-wide option volume of 35.2m contracts was 15% 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, Utilities and Health Care while Oil & Gas and Industrials were relatively light. Of the 3,533 stocks with listed options, 1,212 (34%) closed higher, and 2,055 (58%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 300 and higher for 141. Unusual total option volume was observed in ROKU, TME, SPOT, CHWY and KR. Data Provided by Trade Alert LLC $CHWY and $TME getting a "Half Time" notice on CNBC by P. Naj.
$DELL sees nice size block trade to open Aug $52.5 calls. Expecting tech to continue. Will follow. $JETS buyer opens puts expecting a downdraft. $SSRM Canadian miner with some unusual in the Jul $20 calls. Metals looks like they're going to continue their trend higher. $GLD in particular is flashing some green technical indicators. Ascending triangle on daily while pushing up against resistance, monthly chart is completing a rounding bottom formation going back to 2012/13. Expecting a brek soon with temp resistance at $170/175 area. For more click on image for details Market-wide option volume of 24.7m contracts was 20% below recent average levels, with calls leading puts 3 to 2. Single stock and ETF products saw relatively heavy volume, while Index flow was moderate. Most active sectors included Telecommunications, Health Care and Consumer Services while Financials and Oil & Gas were relatively light. Of the 3,533 stocks with listed options, 1,491 (42%) closed higher, and 1,773 (50%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 328 and higher for 112. Unusual total option volume was observed in ROKU, KR, CLDR, SPOT and X. Data provided by Trade Alert LLC $IWM 5k hedge Jul 2 exp.
$KHC looks like its gonna go. Had $33 call buying the day before for June26th. exp. Stock looks to be setting up for a reversal of trend going back to Feb 2019. Upper resistance would be $35 area. Look for volume confirmation on any break. Covid was a blessing in disguise for Kraft and food companies will be looked at differently going forward. You can build a bottoming "Fan" and see that two of three lines have been penetrated, one more re-test is possible (volume is key). $ORCL unusual Jul 2 $58 calls $VIPS and other China names showing bullish spec call buying. Trades come in for Jul $22 calls. Click image to enlarge and for greater detail. Market-wide option volume of 24.9m contracts was 20% below recent average levels, with calls leading puts 13 to 9. Index products and single stocks saw relatively heavy volume, while ETF flow was moderate. Most active sectors included Technology, Consumer Goods and Utilities while Telecommunications and Basic Materials were relatively light. Of the 3,534 stocks with listed options, 873 (25%) closed higher, and 2,398 (68%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 320 and higher for 122. Unusual total option volume was observed in ROKU, BYND, MOMO, ENPH and KR. Data provided by Trade Alert LLC Mostly hedges crossing the tape as market sentiment is neutral.
$BMY saw an interesting roll from June to Jul2nd $55 puts on some good size. $CHWY specs stepped in for this weeks $51 calls. $EBAY looking into the heat of summer for some movement. Rumors circulating here. $MOMO had a good run on the live alert, didn't get a chance to buy in but maybe we get a re-entry level. Daily and hourly chars looking good. $TLRY saw some ATM call buying, large short interest could create a squeeze here. Could also be shorts hedging. Market-wide option volume of 30.4m contracts was in line with recent average levels, with calls leading puts 3 to 2. ETF and Index products saw relatively heavy volume, while single stock flow was moderate. Most active sectors included Utilities, Technology and Financials while Telecommunications and Basic Materials were relatively light. Of the 3,529 stocks with listed options, 2,722 (77%) closed higher, and 542 (15%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 389 and higher for 56. Unusual total option volume was observed in ROKU, ORCL, PFE, IQ and BHC. Data provided by Trade Alert LLC $C sees this week $57 call buying. Financials pattern been noticeable on short term plays.
$GPS with unusual call buying. Long. $JD large block doubles down and rolls out of the Aug $55 calls and into the Sep $65 calls. Looks like this trades been at it since May, continuously rolling successful positions. Need to dive deeper. $JNPR with some buying frenzy after "Half Time" bump. $SPY sees a nice sized put butterfly trade Jul $265//250/235 17/34/17k print for $500,000+ premium. Payoff is 45X if it lands on the body on expiration. $TSN seeing more unusual after DOJ investigation broke about a week ago. ETF's noticable hedges and adjustments as the rising tide continues in the market after Fed corporate bond buying program. Click on image to enlarge and for greater details. Market-wide option volume of 30.7m contracts was in line with recent average levels, with calls leading puts 13 to 10. Index and ETF products saw relatively heavy volume, while single stock flow was moderate. Most active sectors included Oil & Gas, Consumer Goods and Health Care while Industrials and Basic Materials were relatively light. Of the 3,530 stocks with listed options, 2,495 (71%) closed higher, and 763 (22%) lower. Among the 500 most liquid single stocks, 30day implied volatility was lower for 295 and higher for 149. Unusual total option volume was observed in GSX, PBR, DISH, MITT and BILI. Data Provided by Trade Alert LLC A lot if short term plays and rolls playing for the upside. Unusual patterned activity was seen in the financials.
Long $ITB, $ZS $TRIP, $LVS. $TRIP saw unusual buying in the July $26 calls, long. For more click on image to enlarge. |