by Bob von Halle | Jul 15, 2019 | Commentary, Options
The file sharing company, Dropbox (DBX) has been stuck in a trading range basically between $21 -$26 for the entirety of 2019. Over the last few days, there has been extremely heavy call option buying in the August term. Specifically, over 18,000 of the Aug 28 calls...
by Bob von Halle | Jun 5, 2019 | Commentary, Options
With the stock modestly higher at $22.80, the July 23 calls are now $1.30-$1.40 market, with implied volatility ticking up to about 45%. Volume on the day is now 37,000 contracts which is extraordinary.
by Bob von Halle | Jun 5, 2019 | Commentary, Options
Not sure what is motivating this, but incredible buying of Dropbox (DBX) July 23 calls between $1.05 to $1.10 with the stock around $22.5 up $.60 on the day.. Over 26,000 have traded so far in the first hour plus, which is enormous for this name. Vol is in the low 40%...
by Bob von Halle | May 30, 2019 | Commentary, Options
The second largest single name stock option volume leader today was SNAP June 7th $12 calls. Over 34,000 of them traded at prices generally between $.35 to $.45 with the stock ranging from $11.65 to $12.20 on the day before closing at basically at $12.00. Part of the...
by Bob von Halle | May 15, 2019 | Commentary, Options
Someone out there is drawing the proverbial line in the sand when it comes to CVS Health (CVS) as the stock nears its 52 week low around $52 (current price $52.70 as I type this). Today, over 14,000 of the June 50 puts were SOLD at prices between $.90-95. That follows...
by Bob von Halle | May 13, 2019 | Commentary, Options
Bit of interesting trading in two large regional banks all skewed to the call option side. Key Corp (KEY) around $16.60: Over 13,000 May 17th 17 calls bought for 18 cents (expire Friday) and almost 3,000 June 17 calls bought for 40 cents. Regions Financial (RF) around...
