20000 AMAT Feb 27 W 24 calls went up in one at the same time as the Apr 26 calls for 1.16, both on the PHLX.?

Puts trade in RIG- possible put roll

unusual options activity, RIG

Shares of Transocean LTD are down .66 to 16.35 today.? RIG is near the middle of the 52 week range.

Paper traded 15000 RIG May 11/15 put spread for 1.03.?

  • The ADV is 53k contracts.
  • The open interest is 2269 and 18630 contracts.

The volume went up in two blocks marked spread.? The trade went up .01 above the mid-point which is looking near the middle.? The trader might be rolling down a short 15 put to the 11s since the OI there is almost gone.?

UA did notice these put spreads trading 1/27 for 1.05 and the spread essentially has not changed.? The big difference here is most of the OI is gone on the 11s so one side at least is opening now.

  • IV 30 is trading for 63%.
  • HV10 is trading for 72%.
  • IV 30 is trading under the HV 10.

Transocean Ltd. (Transocean) is an international provider of offshore contract drilling services for oil and gas wells. The Company operates in two segments: contract drilling services and drilling management services. Contract drilling services, the Company?s primary business, involves contracting its mobile offshore drilling fleet, related equipment and work crews primarily on a dayrate basis to drill oil and gas wells. Its drilling management services segment provides oil and gas drilling management services on either a dayrate basis or a completed-project, fixed-price (or turnkey) basis, as well as drilling engineering and drilling project management services.

 

Puts trade in CTIC- Looking put sellers in here

CTIC

Shares of CTI Bio Pharma Corp (CTIC) are up .05 to 2.33 today.? CTIC is near the lower end of the 52 week range.

Paper traded 1000 CTIC Mar 2 puts at .20. ??

  • The ADV is 586 contracts.
  • The OI is 1121 contracts.

The volume went up in 1 block.? The trader hit the .20 bid and that bid is still there.? IV is up across the board in this name even with most of the paper selling today.?? The trader is looking to take the stock or earn 10% on the Mar hold.

 

  • IV 30 is trading for 172%.
  • HV10 is trading for 36%.
  • IV 30 is trading above the HV 10.

CTI BioPharma Corp. is a biopharmaceutical company focused on the acquisition, development, and commercialization of less toxic ways to treats cancer. The Company?s product Pixantrone (PIXUVRI) is a monotherapy for the treatment of adult patients with multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphomas.

 

Possible call spread in AMAT- roll to Apr

Unusual options activity: AMAT

Shares of Applied Materials Inc (AMAT) are down .14 to 27.98 today.? ?AMAT is near the top of the 52 week range.

Paper traded 20000 AMAT Feb 27 W 24 calls at 1.20. ?

  • The ADV is 31446 contracts. ?
  • The OI is 21671 contracts.

The volume went up in one block on the PHLX. Hitting the tape at the same time was the Apr 26 calls for 1.16 on the PHLX.? The Apr 26 calls traded .06 through the offer on the SoldLast tag.? This trade is most likely a spread where the customer is roll up and out looking for more upside.? They are reducing some size and taking more money off of the table.

  • IV 30 is trading for 42%.
  • HV10 is trading for 29%.
  • IV 30 is trading over the HV 10.

Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied?s customers include manufacturers of semiconductor wafers and chips, flat panel liquid crystal displays (LSDs), PV cells and modules, and other electronic devices. Applied operates in four segments: Silicon Systems Group, Applied Global Services, Display, and Energy and Environmental Solutions.