by Bob von Halle | Sep 27, 2018 | Market Update, Options
Huge block trades in Macy’s November options yesterday, that seems to indicate the recent weakness in the stock is justified and may get worse moving forward. The stock in this retailer was a huge gainer early in 2018 moving from the mid 20’s all way up to...
by Bob von Halle | Sep 25, 2018 | Commentary, Options
A quick post on option flow in GE to add to my colleagues chart post yesterday (9-24). Despite an updated bearish commentary by long time critic, JP Morgan, lowering their price target to $10, call option buyers have been dominating the flow of late. Last week (with...
by Bob von Halle | Sep 20, 2018 | Commentary, Options
Spurt of activity in the long dormant off shore oil service companies….highlighted by a very large end of the day call option purchase in TransOcean (RIG): 30,000 Oct 14 calls were swept up a half hour before the close at $.14 with the stock around $12.35....
by Bob von Halle | Sep 18, 2018 | Commentary, Options
The Canadian energy company, Encana (ECA) has seen significant call buying both last week and this week, primarily concentrated in the October expiration $12 and $13 strike calls. Open interest has grown to over 22,000 contracts (around $.75 level) and over 15,000...
by Bob von Halle | Sep 18, 2018 | Commentary, Options
Large, longer dated upside bet on Ford Motor Company (F) mid day yesterday. With the stock around the 9.5 level, an investor bought 50,000 January 2020 expiration $10 strike calls for $.85. Implied volatility was in the 28% zone at time of purchase.Even for a liquid...
