SchaeffersResearch.com Daily Market Blog

Lennar Corporation Hit With Heavy Put Volume

Thu, 09 Sep 2010 19:15:00 GMT

Lennar Corporation (LEN) has been the target of heavy put activity today, with roughly 17,000 puts changing hands -- five times the homebuilder's expected single-session put volume of just 3,337 contracts.The October 14 put has been by far most popular, with 11,566 contracts traded on this strike -- 97% of which changed hands at the bid price, indicating they were likely sold...(Read More)

Spread Strategist Bets on Minimal Movement from General Electric Company

Thu, 09 Sep 2010 18:18:00 GMT

General Electric Company (GE) is currently waging war with its 20-week moving average, which is located just beneath the %2416 level...(Read More)

Call Players Count on McDonald's Corporation to Resume Its Uptrend

Thu, 09 Sep 2010 17:27:00 GMT

Despite today's broad-market rally, McDonald's Corporation (MCD) has surrendered some 2.9%, as traders react to the Big Mac king's failure to live up to August sales expectations...(Read More)

Near-Term Call Sellers Converge on Crocs, Inc.

Thu, 09 Sep 2010 16:48:00 GMT

The shares of Crocs, Inc. (CROX) are attempting to extend their long-term quest for new highs, but have run into a speed bump in the %2414 neighborhood - site of the security's multi-year peak tapped about a month ago...(Read More)

Breaking Down a Limited-Risk Bet on Resistance for Wynn Resorts, Limited

Thu, 09 Sep 2010 16:00:00 GMT

Wynn Resorts, Limited (WYNN) has followed the broader equities market into the black today, with the shares up 2.4% at last check...(Read More)

Short-Term Puts Heat Up on GT Solar International, Inc.

Thu, 09 Sep 2010 15:16:00 GMT

Earlier this week, GT Solar International, Inc. (SOLR) announced that its controlling shareholder - a virtual cocktail of private-equity funds - plans to sell one-third of its stake, bringing its total amount below 50%...(Read More)

Option Activity Accelerates as Adobe Systems Incorporated Receives a Boost from Apple Inc.

Thu, 09 Sep 2010 15:00:00 GMT

Adobe Systems Incorporated (ADBE) has blazed a steady path higher today, as the tech sector received a boost from Apple Inc.'s (AAPL) announcement that it will lift many restrictions on applications used to write programs for its App Store...(Read More)

Put Shoppers Sweep Kohl's Corporation

Wed, 08 Sep 2010 19:21:00 GMT

Kohl's Corporation (KSS) has been struggling lately. In the past 60 sessions, KSS has underperformed the broader S&P 500 Index (SPX) by over six percentage points...(Read More)

Call Players Optimistic NetApp Inc.'s Rally Will Continue

Wed, 08 Sep 2010 18:52:00 GMT

Tech device diva NetApp Inc. (NTAP) has put in an impressive performance in 2010, adding over 30% year-to-date...(Read More)

Options Active as Green Mountain Coffee Roasters Inc. Approaches Record-High Territory

Wed, 08 Sep 2010 16:40:00 GMT

Beginning Oct. 11, Green Mountain Coffee Roasters Inc. (GMCR) said it will boost prices on all K-Cup portion packs for its Keurig Single Cup brewing system sold in North America...(Read More)

Out-of-the-Money Call Buyers Blitz The New York Times Co.

Wed, 08 Sep 2010 16:00:00 GMT

The New York Times Company (NYT) has been a favorite target among call speculators today, with some analysts attributing the unusual options activity to unsubstantiated takeover talk...(Read More)

Teva Pharmaceutical Industries Ltd Call Player Rolls September Position Up and Out

Wed, 08 Sep 2010 15:24:00 GMT

Call volume soared to five times the norm on Teva Pharmaceutical Industries Ltd (TEVA) on Tuesday, with roughly 33,000 of these bullishly oriented options changing hands.Tuesday's heavy call volume is a deviation from the norm for TEVA, which currently sports a 10-day International Securities Exchange (ISE) put/call volume ratio of 1.32...(Read More)

The Cheesecake Factory Incorporated Targeted for a Short Strangle

Wed, 08 Sep 2010 15:01:00 GMT

On Monday, Raymond James raised its outlook on The Cheesecake Factory Incorporated (CAKE) from "market perform" to "outperform." This bullish brokerage note is relatively rare for CAKE, as 18 of the 27 analysts currently following the company call it a "hold" or worse, according to Zacks...(Read More)

Put Activity Accelerates on Alcoa Inc.

Tue, 07 Sep 2010 19:27:00 GMT

The Dow's recent rally was cut short today, as concerns over European banks' stress tests plagued the Steet...(Read More)

Put Shoppers Storm Macy's, Inc.

Tue, 07 Sep 2010 17:50:00 GMT

Cincinnati-based retailer Macy's, Inc. (M) has attracted a deluge of put activity today, with roughly 10,000 of these bearish bets changing hands by midday -- four times the stock's expected single-session put volume of just 2,122 contracts.However, today's put activity has not necessarily been bearish...(Read More)

Put Players Count on Round-Number Resistance for Take Two Interactive Software, Inc.

Tue, 07 Sep 2010 15:59:00 GMT

Last Thursday, Take Two Interactive Software, Inc. (TTWO) reported that it swung to a third-quarter profit of %245.9 million, as sales surged by more than 270% due to strong demand for its "Red Dead Redemption" video game...(Read More)

Puts Popular as DryShips Inc. Obtains Waivers, Files for Stock Offering

Tue, 07 Sep 2010 15:26:00 GMT

DryShips Inc. (DRYS) this morning confessed that it obtained another waiver on its %24230 million loan due Dec...(Read More)

JA Solar Holdings Co., Ltd. Lifts 2010 Shipment Guidance on 'Robust' Customer Orders

Tue, 07 Sep 2010 15:03:00 GMT

At its recent Analyst Day in Valencia, Spain, JA Solar Holdings Co., Ltd. (JASO) said its second-quarter shipment was the highest in company history, thanks to market share increases from new and existing customers...(Read More)

Option Players Continue to Place Bearish Bets on MGM Resorts International

Fri, 03 Sep 2010 18:31:00 GMT

After spending the last several days pinned between beneath the %249.50 level, MGM Resorts International (MGM) today vaulted higher, jumping past short-term resistance at its 10-day and 20-day moving averages, to its current perch at %249.95...(Read More)

Bears Bet on a Fall from Grace for First Solar, Inc.

Fri, 03 Sep 2010 16:09:00 GMT

First Solar, Inc. (FSLR) has been a favorite target of put buyers lately, despite the stock advancing roughly 10% during the past two weeks...(Read More)

Out-of-the-Money Calls Heat Up as China Considers Courting Potash Corp. of Saskatchewan

Fri, 03 Sep 2010 15:53:00 GMT

Potash Corp. of Saskatchewan (POT) is once again the center of buyout buzz today...(Read More)

Call Players Emboldened by Alcoa Inc.'s Positive Price Action

Fri, 03 Sep 2010 15:24:00 GMT

U.S. stocks climbed on Thursday, boosted in part by an unexpected jump in pending home sales...(Read More)

Option Players Have Virtually Ignored Papa John's Int'l, Inc. -- But That Could Soon Change

Thu, 02 Sep 2010 19:12:00 GMT

It's hard to believe, but the NFL's regular season kicks off in just days. However, football fans aren't the only ones cheering the upcoming season, so is the NFL's "official pizza sponsor," Papa John's Int'l, Inc...(Read More)

Option Players React as Hewlett-Packard Company Wins Bidding War for 3PAR Inc.

Thu, 02 Sep 2010 17:49:00 GMT

And the winner is... Hewlett-Packard Company (HPQ)! This morning the bidding war for 3PAR Inc...(Read More)

Back-Month Traders Buy Out-of-the-Money Calls on Novartis AG

Thu, 02 Sep 2010 16:46:00 GMT

Call speculators have bombarded drug maker Novartis AG (NVS) today, with roughly 6,000 calls exchanged so far - more than 14 times its expected daily volume of fewer than 500 calls...(Read More)