The Options Insider

Early USO Put Sellers

by | Jan 26, 2015 | Unusual Activity

5300 USO Jan 30 Weekly 16.5 puts went up in 1 block. There was a 3000k contract risk reversal in the Feb 20.5/17 lines as well.? Very bullish paper in USO today.

Puts trade in USO ? early put sellers

USO

Shares of the United States Oil Fund LP (USO) are up .28 to 17.25 today. ??USO is near the bottom of the 52 Week range.

Paper traded 5300 USO Jan 30 Weekly 16.5 puts at .18.?

  • The ADV is 190k contracts.
  • The OI is 21272 contracts.

The volume went up in 1 block.? Other blocks did go up with 3500 trading .29 with paper selling.? Over all 19k contracts have traded with the bulk of that selling.? There was a 3000k contract risk reversal in the Feb 20.5/17 lines as well.? Very bullish paper in USO today.

  • IV 30 is trading for 56%.
  • HV10 is trading for 56%.
  • IV 30 is trading at the HV 10.

United States Oil Fund, LP (USOF) is a limited partnership. USOF is a commodity pool that issues limited partnership interests (units) traded on the NYSE Arca, Inc. (the NYSE Arca). The Company?s general partner is United States Commodity Funds LLC (the General Partner) and is responsible for the management of USOF. The investment objective of USOF is for the changes in percentage terms of its units? net asset value (NAV) to reflect the changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange (the NYMEX).

 

Puts trade in NEE- put block trades

?NEE

Shares of NextEra Energy Inc. (NEE) are down .49 to 108.980. ??Next is near the top of the 52 week range.

Paper traded 1066 NEE Feb 105 puts for .85. ??

  • The ADV is 1273 contracts.
  • The OI is 882 contracts.

The volume went up in 1 block.? More puts traded with volume now over 2000 contracts.? Earnings come out on Jan 30th so this is either a protective put or straight downside spec on NEE.

  • IV 30 is trading for 18%.
  • HV10 is trading for 10%.
  • IV 30 is trading above the HV 10.

NextEra Energy, Inc. (NEE) is an electric power company. The Company has over 42,000 megawatt of generating capacity in 26 states in the United States and four provinces in Canada. It also purchases electric power for resale to its customers and provides risk management services related to power and gas consumption for a limited number of customers. It is the generator in North America of renewable energy from the wind and sun.

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Put traders in MU- possible OTM put sellers

unusual options activity in MU

Shares of Micron Technology (MU) are down .11 to 30.82 today.? OIL is near the bottom of the 52 week range.

Paper traded 1082 MU Apr 24 puts at .28.?

  • The ADV is 106kcontracts.
  • The OI is 3005 contracts.

The volume went up in 1 block.? Subsequent volume went up with 4 puts trade .28.? The volume knocked out the bid on the puts and they are offered .28 as of this post.

  • IV 30 is trading for 57%.
  • HV10 is trading for 65%.
  • IV 30 is trading under the HV 10.

Micron Technology, Inc., is a global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products. In addition, the Company manufactures semiconductor components for CMOS images sensors and other semiconductor products.