mahkoh
1,065 posts
msg #139872
- Ignore mahkoh |
12/6/2017 6:01:55 PM
Thanks, I like the site. I filtered over 500, price over 0.50, spot above 40, buys on the ask and condition regular. GM and WMT are likely dividend related trades, but I find MU and INTC interesting.
Lots of calls bought for MU, which appears to be at support.
Big put activity for INTC, may have a gap to fill? Also notable 25K put options jan19 47 strike. Current oi is 27K, tomorrow it will become clear whether these were closing of current position.
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15minoffame
131 posts
msg #139876
- Ignore 15minoffame |
12/6/2017 10:53:26 PM
Mahkoh,
Glad you like the site. This is THE site I check throughout the day. It gives so much info for free! Hopefully the creators don't realize this & cut it down. You may want to also look under Auto Execution, IntermarketSweep & Stopped IM.
MU is a beast of a stock and you're right it's at support so big players are backing up the truck. It reports earnings in 2 weeks so IV should start to rise. Its historical two weeks run up to earnings over the past 2 years is a 75% winning rate with an avg gain of 4.05%. Its TOTAL Calls vs Puts volume today is 73%-27%.
INTC massive $9 million bet it interesting since it's at the Mid. Its Total Calls vs Puts volume today was only 43-57 so for today anyways, investors are thinking it's going to fill the gap from 10/26. I'd stay away from it for the time being.
Here's what I would look at:
1) GM relative volume to its 90-day avg was 8X today with total Calls pct at 98%!
2) WMT rel vol 5.50, Calls pct 97%
3) CME 12.42 & 96%
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mahkoh
1,065 posts
msg #139878
- Ignore mahkoh |
12/7/2017 4:32:34 AM
Those are going ex dividend today. Most likely exercised calls to capture the dividend.
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mahkoh
1,065 posts
msg #139905
- Ignore mahkoh
modified |
12/7/2017 3:50:26 PM
Funny, INTC call open interest on the jan19 47 put is still 27K. I guess IB updates open interest changes in real time.
By the way, both performed according to the analysis. Great that marketchameleon updates intraday.
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15minoffame
131 posts
msg #139914
- Ignore 15minoffame |
12/7/2017 11:05:27 PM
Spotlight Big Options Volume Trade of the Day!
AAPL has one of the most liquid options stocks and a million dollar bet occurs pretty frequently. Still, it doesn't hurt to take notice when an investor spends $400K on a weekly bet. This was a purchase of 2000 contracts of the 12/15 170 Call at $2.00 per contract. Break even is $172. Stock closed at $169.32 so it needs to gain a minimum of 1.78%, a very doable feat for AAPL.
Chart shows it has gone sideways for the past 7 trading days and the Calls vs Puts volume at this strike today was 28K-8K. Its overall options Calls vs Puts volume was 64%-36%. I would like to see a minimum of 70%, but I've been pretty successful in previous AAPL piggy back trades.
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mahkoh
1,065 posts
msg #139936
- Ignore mahkoh |
12/8/2017 2:08:55 PM
LKQ 3000 march35 calls bought ($1.68 million)
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15minoffame
131 posts
msg #139946
- Ignore 15minoffame |
12/8/2017 8:39:52 PM
That's a nice in the money trade on LKQ. Its relative volume to its 90-day avg was 2.67 & a near perfect 99% of Calls vs Puts when it comes to total options volume. Not to mention $1.68 million bet is massive for this stock.
Spotlight Big Options Volume Trade of the Day!
EEM appears to have bottomed as someone paid $3.6 million in premium when they bought 27,752 contracts of the 3/16/18 46 Calls for $1.31 per contract. Break even is $47.31 which is still far below resistance near $48.
Its 52 week R-Square is .96 which means a relentless uptrend. Barring an unforeseen lengthy market meltdown, this bet should be very doable given the 3 months time frame.
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mahkoh
1,065 posts
msg #139948
- Ignore mahkoh |
12/9/2017 7:21:07 AM
One thing to consider is that etf options may represent a hedge against a stock trade. Not saying that is. the case here, but it is something to keep in the back of your mind.
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15minoffame
131 posts
msg #139952
- Ignore 15minoffame |
12/9/2017 11:47:17 AM
That's a very good observation. Looking at the beaten down chart though, I'm thinking they're thinking it's time to get back into the game. StrataSearch keeps crashing on me the past two weeks. Have you tried using it lately?
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mahkoh
1,065 posts
msg #139953
- Ignore mahkoh |
12/9/2017 3:38:05 PM
I would agree with that. If it were a hedge they probably would have chosen a higher strike.
I've used Stratasearch without issues for years. At which point does it crash on you?
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