Options Recap — 7/20/2012

Stocks fell on concerns about a worldwide economic slowdown. Spain’s IBEX plummeted 5.6 percent to pace a decline across European equity markets after yields on Spanish debt rallied to more than 7.3 percent Friday. The euro fell 1 percent to 1.216 and two years lows against the buck. With no domestic economic news to guide the action, the volatility spilled over onto US shores when the opening bell sounded on Wall Street. The Dow Jones Industrial Average opened lower, but the decline was orderly through midday. Post-earnings gains in names like GE, Microsoft (MSFT), and Google (GOOG) helped limit the damage. Still, the Dow is down 121 points and the NASDAQ lost 33 points. CBOE Volatility Index (.VIX) is up 1.18 to 16.63, but off session highs of 17.05. Trading in the options market is busy. It’s expiration Friday. With about an hour left to trade, 7.4 million calls and 7.4 million puts traded across the exchanges.

Enjoy the Weekend!

Notable Flow
WMB – Bullish flow detected in Williams Companies Inc with 13510 calls trading, or 3x the recent avg daily call volume in the name. Shares near $31.27 (0.22) with ATMIV lifting by 1.27 point and 74% of todays call premium trading offer side. (Trade-Alert) 14:41

LSI – Bullish flow detected in LSI Corporation with 10825 calls trading, or 6x the recent avg daily call volume in the name. Shares near $6.18 (-0.08) with ATMIV lifting by 2.79 point and 56% of todays call premium trading offer side. (Trade-Alert) 14:01

AEO – Bullish flow detected in American Eagle Outfitters Inc with 6740 calls trading, or 4x the recent avg daily call volume in the name. Shares near $20.47 (-0.3) with ATMIV lifting by 1.68 point and 92% of todays call premium trading offer side. (Trade-Alert) 13:41

High options volume is being seen in EEM, GOOG, CHK, GE, CMG, EBAY and VVUS

High options volume is being seen in MSFT, EBAY, GOOG, FCX, and VVUS

 

 

Movers
Symbol Last Change %Change StdDevs
GORO 17.91 -7.31 -29.0% 12.89
STAA 6.10 -1.98 -24.5% 9.30
CPHD 34.54 -9.19 -21.0% 10.19 Post-Earnings
CMG 321.29 -82.57 -20.4% 10.57 Post-Earnings
ASTX 2.66 +0.44 +19.8% 8.29
RMBS 4.33 -0.89 -17.0% 6.11 Post-Earnings
ACTG 33.66 -6.09 -15.3% 6.93 Post-Earnings
BLDR 4.16 -0.72 -14.8% 3.17 Post-Earnings
DOLE 10.10 +1.27 +14.4% 7.20 Post-Earnings
UFPI 34.67 -5.77 -14.3% 10.15

Shakers (Implied volatility Movers)
Symbol IV[30d] IVChg IVChg% SkewAdjChg Last Change
ALGN 39.2% -43.5 -52.6% -41.6 $33.94 +2.24 Post-Earnings
GOOG 18.7% -10.5 -36.1% -9.8 $611.63 +18.57 Post-Earnings
SNDK 34.6% -16.0 -31.6% -11.5 $39.26 +4.18 Post-Earnings
VQ 90.1% -41.6 -31.6% -45.3 $8.96 -0.52
MDR 66.0% +15.6 +31.0% +12.4 $11.31 -0.66
PRX 7.3% +1.5 +25.7% +1.2 $50.10 +0.05
ISRG 27.0% -9.1 -25.3% -11.5 $498.92 -45.29 Post-Earnings
ATHN 34.0% -11.1 -24.6% -8.6 $93.90 +6.72 Post-Earnings
BBVA 59.3% +10.9 +22.5% +6.6 $5.62 -0.53
MNST 65.5% +11.7 +21.6% +8.7 $64.15 -3.68

52-Week Highs
70 new highs: .EUI .SFC .UTY AEP AGG ASML ATHN AVA AWK BND BOND CLGX CMS CSOD DEO DTE DYAX EBAY ED EGHT EPD EUO EW FE GRU HRG HYD IEI JJG LNN LNT LQD MMP MO MON NAVB NEE NTCT NWN ONXX PAA PFE PMT PNM PNW POR PPG PSTI PZA RTHYL SCG SGEN SNA SNAK SRCL SRE TEG TIP TLLP TOL TWO UNS UTEK VCIT VVC WEC WR WTFC XEL XLU

52-week Lows
64 new lows: .EUU .XDE .XDS AMCN AMD APOL ATPG AUO AVG BPAX BPI CAJ CEL CHGS CRDN CRME CS CY DEER DHT DRWI ETFC FCN FXE FXF GILT GME HGG HHS HMIN HNSN IXYS JKS K KCG LMNX LXK MAKO MATW MIG NAFC NILE OSG PWAV QRM RIMM RSH SAFM SAN SBLK SID SQNS STBZ TEU TI TLAB TSN TZOO UBS ULE ULTR VC WBMD XINGF

Top Equity Blocks
2.59m GEN 1.79 -0.08 -4.3% 14:36:28
2.50m XLK 28.97 -0.12 -0.4% 11:02:44
2.00m SPY 137.77 -1.28 -0.9% 13:50:11 – Average Price Trade
2.00m GE 20.10 +0.35 +1.8% 14:44:32 – Average Price Trade
1.62m VAL 50.50 +0.27 +0.5% 12:35:40 – Tied to Options
1.55m XLK 29.04 -0.05 -0.2% 10:14:54
1.50m SAN 5.14 -0.43 -7.7% 11:06:45 – Average Price Trade
1.47m EWG 19.78 -0.47 -2.3% 10:31:00 – Burst
1.46m EWG 19.81 -0.44 -2.2% 10:10:02 – Burst
1.32m GCVRZ 1.42 -0.05 -3.4% 11:44:43

Please share if others would benefit!!!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s