A customer sold 16,000 Sandridge Energy (SD) March 3 puts at 1.40. With the stock trading 1.80, this appears to be a synthetic covered call
Synthetic Covered Call in SD
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Futures Options Rundown: Metals
Today’s futures options rundown looks at the top ten strikes and changes in open interest for metals
Call Stupid Trades in ODP
20k ODP July 7 calls & 2k ODP July 8 calls, known as a call stupid, traded earlier today.
Looking for Quick, Strong Upside in DG
It?s an extremely short duration and a high premium paid, so this customer appears to be looking for a strong upside move in DG between now and next Friday.
Huge Call Trader in SPLS
65323 SPLS Jun 16 calls went up in 1 giant block with 2.4 million shares of stock so this is most likely a call and stock trade on a delta neutral basis with a slight long bias.
Possible Strangle Buyers in CLD
705 CLD May 7.5 puts and May 12.5 calls went up in 2 blocks. The trade is showing more like a collar on some volume.
Long Call Spreads Trade in MDXG
5K MDXG Jun 2015 7.5/17.5 call spreads went up in 2 large blocks. The trade is straight opening paper looking for some big upside in MDXG.
Hot Options Report: AAPL, Energy & Financials Active Today
The top 10 equity options & strikes for today include AAPL, WLT, BAC, AMAT & JPM.
Big Squeeze Going on in NOAH
3k NOAH Mar 17.5/22.5 put spreads up in 2 blocks. The trader is most likely a buyer of this put spread.
Curious Repeat Buyer of VIX Puts
Curious Repeat Buyer of VIX Puts: What is interesting is that they did not take off a winning trade from Tuesday & appears to be a double down on low vol.
Betting on a Fall in EEM
The customer is either hedging a long or is betting that EEM is going to fall by more than 10% in the next 3 months or so.
Giant Call Rolls in OPK
35000 OPK Jan 2015/2016 10 call spreads went up in two massive blocks, and are most likely rolling buy write with the long holder going way out for yield.