by Bob von Halle | Jan 8, 2020 | Commentary, Options
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...
by Bob von Halle | Jan 6, 2020 | Commentary, Options
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...
by Bob von Halle | Jan 3, 2020 | Commentary, Options
Amidst a very strong oil market today (WTI at $63/barrel, up $1.80), there has been a tremendous amount of option activity across the energy spectrum. That includes significant call option buying in the mid stream pipeline names like Plains Group Holdings ( PAGP Feb...
by Bob von Halle | Nov 22, 2019 | Commentary, Options
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...
by Bob von Halle | Nov 6, 2019 | Commentary, Options
From the good folks at Trade Alert, LLC (www.trade-alert.com) who track daily activity across the options market. They are the best trade service that I subscribe to: As follows….. EEM – Call buyers go on a $26M spending spree in Emerging Markets ETF....
by Bob von Halle | Nov 4, 2019 | Commentary, Options
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.
