Comcast (CMCSA): Speculative Upside

One of the largest volume leaders in option land today belongs to Comcast (CMCSA). With the stock just over $45, over 50,000 of the March 50 calls have traded mostly around $.23 zone. Comcast sat out much of the Dec and early January rally, with the stock muddling...

BP: Option Update

Quick update on British Petroleum (BP) that I wrote up on Friday. The stock has jumped $.95 to $39.75, or right up against the 200 day moving average I highlighted as well. The March 40 calls that were trading freely at $.65 are now $1.05 bid. Also, there is huge...

General Motors: Jan Call Option Buying

GM has come down in price significantly in past few days to hit close to its clear support zone around the $34 level. Have seen a pick up in call option buying today, specifically with over 11,000 of the Jan 17th expiration 37 calls trading at $.58 with implied...

AT&T (T): Heavy Call Option Buying

Seen very heavy call option buying in AT&T (T) this morning, dominated by over 80,000 Jan 2020 expiration $41 call strike price. Over 80,000 of this contract have been purchased in very large block size between $.41-$.44 with the stock in the area of $39.18.