You need to be logged in to see this part of the content. Please Login to access.
Unusual Options Activity
Air Products & Chemicals (APD)- 1,500+ May $145 calls have traded with the majority being bought for $0.75-$1.00. Large open interest remains in the June and Sep calls (from a call rollout and bull call spread risk reversal). Bill Ackman’s Pershing Square owns more than 20M shares, making it their 2nd largest holding.
Market Vectors Junior Gold Miners ETF (GDXJ)- 2,000 Aug $30 calls were purchased for $1.10-$1.15. Precious metals are moving up on weak U.S. data and a continued decline in the dollar. Call buying has been across several gold and silver miners in recent days.
Immunomedics (IMMU)- 2,500 Aug $5 calls were purchased for $0.66-$0.75, against open interest of 9,438 contracts. They have Phase 3 data due this quarter and Phase 3 data for another drug in 2016.
Kinder Morgan (KMI)- 10,000 June $42.50 puts were purchased for $0.89-$0.95. … Read More »