Options Trading Ideas
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Ratio put spreader tunes in to DISH Network Corp. options
DISH - DISH Network Corp. – The implementation of a ratio put spread on the U.S. provider of direct broadcast satellite subscription television service this afternoon was perhaps put on by an investor looking to lock in recent share price gains. DISH shares, which are currently up 2.4% on the ...
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Contrarian player portends rebound in Veeco Instruments, Inc. shares
VECO - Veeco Instruments, Inc. – One options strategist initiated a ratio bull call spread on the electronic equipment manufacturer despite the 12.45% decline in the price of the underlying shares to an intraday low of $39.76. VECO’s shares plunged following reports The Commercial Times, a ...
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Frenzied options activity observed on Transocean ahead of earnings
RIG - Transocean, Ltd. – Shares of the provider of offshore contract drilling services are up 6.75% to stand at $53.79 with 20 minutes remaining before the closing bell. Transocean is scheduled to reveal its performance for the second quarter of 2010 after the market closes today. Impending ea...
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Strangle seller sees range-bound shares at Cemex
CX - Cemex SAB de CV – A large short strangle enacted on the cement maker today indicates one options player expects the price of the underlying stock to trade within a narrow range through expiration in January 2011. Cemex’s shares are currently up 0.10% to stand at $9.53 as of 12:20 pm ET....
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Covered put player targets Cypress Semiconductor Corp.
CY - Cypress Semiconductor Corp. – Cypress Semiconductor popped up on our ‘most active by options volume’ market scanner today after one big investor initiated a large covered put transaction involving 45,000 puts options and 1,360,000 shares of stock. CY’s shares were down slightly earl...
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Investors bumps up bullish stance on Ford Motor Co.
F - Ford Motor Co. – A massive bullish transaction involving 300,000 call options on the auto manufacturer today indicates one big player is increasingly optimistic that Ford’s shares are likely to stay their upward trajectory through September expiration. The price of the auto maker’s sha...
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Arena Pharmaceuticals options in high demand as shares rally to new 52-week high
ARNA - Arena Pharmaceuticals, Inc. – Shares of the biotechnology firm surged 14.6% this morning to a new 52-week high of $8.00 inspiring options investors to establish near-term bullish stances on the stock as the battle royal between the firm and its competitors to get an obesity drug on the ...
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Strategist touting iron condor sees range-bound shares for China fund
FXI - iShares FTSE/Xinhua China 25 Index Fund – The implementation of a large-volume iron condor on the FXI, an exchange-traded fund that corresponds to the performance of the FTSE/Xinhua China 25 Index – an index created to represent the performance of 25 of the largest and most liquid comp...
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Bulls bombard Research in Motion ahead of BlackBerry 9800 launch
RIMM - Research in Motion Limited – Optimistic options players populated the Blackberry maker’s August contract, selling puts and buying calls to prepare for the price of the underlying stock to continue climbing ahead of expiration day next month. RIMM’s shares rallied as much as 4.53% to...
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Optimists position for near-term Range Resources rebound
RRC - Range Resources Corp. – Frenzied options activity on the Texas-based independent oil and gas exploration and development company ensued right out of the gate this morning with shares of the underlying stock rallying 2.65% to $38.22 by 12:20 pm ET. Range Resources’ shares fell sharply y...
