The company traded over 9,500 options on total daily average option volume of just 261. The action is in Sep, buying interest in the Sep 25 calls and the 22.5 puts.
Netezza (NZ) – Stock Rips, Vol Explodes on Takeover Chatter
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AnnTaylor Stores (ANN) – Straddle Seller in Oct
The company traded over 5,900 options in the first three hours on total daily average option volume of just 1,557. The largest trade was an Oct 17 straddle sale @ $2.40 ~1,500x.
Nucor (NUE) – Oct Calls Bought, Sep Skew Turns
The company traded over 24,000 options yesterday on total daily average option volume of just 6,244.
BMC Software (BMC) – Upside Skew and Bearish Bets
The company has traded over 11,000 options on total daily average option volume of just 1,205. However, the largest trade looks like an Oct 37/38 risk reversal (buy puts/sell calls) 5,000x accounting for 10,000 contracts.
Rowan (RDC) – Stock and Vol Pop on Economic News; Skew Converges Too Tight
The company traded over 13,000 options on total daily average option volume of just 2,024. The largest trades have been Sep 27 put sales, Sep 28 call purchases, Oct 26 put purchases and Oct 27.5, 29 call purchases. Note the Net Premium and Net Deltas; in totality, the order flow is buying premium and buying deltas.
Hertz (HTZ) – Risk Reversal Trades in Jan on Stock Yearly Low
The company traded over 12,600 options on total daily average option volume of just 1,652. The largest trade was a Jan'11 7.5/10 risk reversal (sell puts/buy calls).
iShares MSCI Japan (EWJ) – Vol Seller in Japan Is a Bet on Global Economy
The ETF traded over 20,000 options on total daily average option volume of just 5,466. The largest trade, accounting for 20,000 contracts was a Jan'11 9/10 strangle sale @ $0.56.
Regional Banking ETF (KRE) – Vol Buyer in Oct; Bearish Bet in Sep
The ETF traded over 9,700 options on total daily average option volume of just 3,047. The most interesting trade to me is an Oct 21 straddle purchase 1,700x .
DR Horton (DHI) – More September Volatility Selling in the Home Builders
The company traded over 18,000 options hour on total daily average option volume of just 5,929. The largest trade, accounting for over 13,000 contracts was a Sep 10 straddle sale 1 x 2 (big on the puts); no stock.
Cemex (CX) – Vol Buy, Delta Bet on Dipping Stock
The company traded over 18,000 options in the first two hours on total daily average option volume of just 3,896.
Activision (ATVI) – Half a Million Calls Trade
The company traded over 500,000 options on total daily average option volume of just 5,959
Hershey (HSY) – Selling the Elevated Vol
Yesterday, the company traded over 13,000 options on total daily average option volume of just 3,531. Puts have traded almost 3:1 to calls. The largest trade was 7,500 Sep 46 puts sold @ $0.50 (over 8,700 have traded in total) outright (no stock).