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Morning Futures Roundup
Range Bound Trade Continues In WTI Crude
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NetApp Sees Higher Put Option Volume (NTAP)
NetApp, Inc. (NASDAQ: NTAP) may have been trading up, contrary to the prevailing market sentiment on Monday, but the shares are starting to see an increased trading in put options as investors may be hedging gains or possibly that the company has become too large to be a takeover candidate in the consolidating technology sector.
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SMH Put 1-by-2
Paper bought 8,000 SMH Aug 52 puts & sold 16,000 Aug 48 puts for a net debit of .25.
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