Paper bought 25,000 VZ April 52.5 puts & sold 50,000 VZ April 49 puts for a net debit of .23.5.
Size Call Buying in ZNGA
ZNGA, with an ADV of 4400 and open interest of 153,000, saw paper buy over 16,000 Feb 3 calls so far on the day.
XBI Call Spreads Trade
Paper paid .25 to be long 8,500 XBI Jan 63.5-65 call spreads.
Heavy Out-of-the-Money MDLZ Put Buying
Traders bought over 5,000 MDLZ Jan 42 puts via intermarket sweeps paying .45 up to .50 a contract. On the day puts are out pacing calls 5 to 1.
GE Bullish Put Selling
Paper sold over 22,000 GE Jan 30 puts against open interest of just over 140,000 contracts.
Aggressive Call Buying in CLF
Traders are buying CLF Jan06 weekly 10 calls for .04. These options are 20% out of the money with just a week to expire.
Short Put Covering in KGC
16232 KGC Jan20 2.5 puts went up in one block on the CBOE.
JBLU Calls Roll Up and Out
21609 JBLU Jan20 22 calls over Feb17 23 calls went up in several blocks on the PHLX
Short-Term MBLY Call Buyers
100 MBLY Dec30 36 calls went up 1 block on the ARCA.
Possible AA Call Roll Down
10000 AA Feb 32/35 calls spreads went up in 2 blocks on the PHLX
Short-Term QQQ Put Buyers
19000 QQQ Jan06 120.5 puts went up in one block on the ISE.
Line-in-the-Sand ZNGA Puts
10000 ZNGA Jun16 2.5 puts went up 1 block on the PHLX marked spread











