As we prepare to close out the year with the S&P 500 Index up 29% signs are starting to appear that the world economy may be on the verge of improving thus confirming the advance has been more than just price to earnings multiple expansion.
Cotton Consolidation Continues
Most Active Equity Options & Strikes For Friday, December 27, 2013
Here’s a look at The Options Insider’s favorite tweets of the week.
On Dec. 31, Nasdaq will pay firms for the botched 2012 Facebook IPO.
GRA was trading at 97.25 when a customer bought eh March June 90 put spread on a ratio selling just under 6,300 of the March 90 puts at 2.00 buying just over 5,000 of the Jun puts for 4.10.
Trading at 94.00, up 2%, a customer did a complex spread selling the Jan 90 calls calls about 4,000 times then buying the Jan 95, Feb 95, and Apr 100 calls 12,000 times.
With MTL trading at 2.44, a customer, using the sweep function across multiple exchanges, sold just under 32,000 of the April 3 calls selling them all the way down to .15.
Most Active Equity Options & Strikes For Thursday, December 26, 2013
On Thursday, Twitter continued its December rally.
When trading at 17.18, a customer bought just over 6300 TSM Jan 17.5 puts paying 0.65 per contract.
CTIC was trading 1.91 when a customer bought 10,000 of the Mar 2 puts paying .36.