Unusual Options Activity
1.TTM Technologies (TTMI)- 5,000 June 2017 $17.50 calls were bought for $0.65 vs total call open interest of just 1,663 contracts (implied volatility +11.3% to 46.99). On average, 65 calls trade per day in the $1.4B semiconductor company.
2.Ocean RIG UDW (ORIG)- 5,000 Dec $2 puts were bought for $0.15 with put activity 30 times the average daily volume. Earnings are due out on December 14th (shares dropped on the last 2 reports).
3. ILG, Inc. (ILG)- There was a rollout from 10,000 Mar 2017 $17 puts ($0.33-$0.36 debit) into 10,000 Jan 2019 $17 puts ($1.58-$1.61 credit). This trader is making a long-term bet that the leisure and travel company will remain above $17 by January 2019 options expiration.
4. Hain Celestial (HAIN)- There was a rollout from 3,000 Dec $40 calls ($0.45-$0.46 credit) into 3,000 Jan 2017 $42.50 calls ($0.80 … Read More »
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Open Interest Updates From The Previous Trading Days Action
AECOM (ACM)- June $27.50 put open interest went from 3,632 to 8,398 contracts (more buying yesterday).
Air Products & Chemicals (APD)- Apr $140 put open interest went from 2,077 to 4,280 contracts (selling as part of a bull risk reversal yesterday).
Atmel (ATML)- Apr $9 call open interest went from 3,309 to 5,246 contracts (buying yesterday).
Bank of New York Mellon (BK)- Mar 20 $40 call open interest went from 17,027 to 18,663 contracts (more buying).
Anheuser Busch Inbev SA … Read More »