Unusual Options Activity: PFE, TWTR, PG, and FB

A Pfizer Inc. (NYSE:PFE) speculator made a huge trade, while Twitter Inc (NYSE:TWTR) options were predictably popular

Jul 29, 2015 at 5:13 PM
facebook X logo linkedin

Across the 12 major exchanges today, 8.2 million calls crossed, versus 6.3 million puts. The day's put/call volume ratio ended at 0.76. 

One of the largest trades of the day occurred on
Pfizer Inc. (NYSE:PFE). One speculator apparently bought to open identical 20,000-contract blocks of the October 35 puts and October 37 calls -- a long strangle. This means the trader put down $2.68 million in hopes of a big move for PFE. Specifically, the position will profit if PFE marches north of $38.34 (call strike plus net debit of $1.34) -- in uncharted territory -- or falls south of $33.66 (put strike minus net debit) by October options expiration. Shares of PFE closed 1.1% higher at $35.76, and hit a multi-year high of $36.13.

It's not a surprise to see that Twitter Inc (NYSE:TWTR) had accelerated option volume after its big earnings miss. Put volume on the social media stock ran at five times the normal pace. TWTR closed at $31.24 -- down 14.5% -- after a day on the short-sale restricted list.

A pre-earnings bull jumped on Procter & Gamble Co (NYSE:PG) today, after the blue chip named a new CEO, with big activity at the August 82 and 83 calls. PG closed at $80.62 -- up 0.5% -- and reports earnings Thursday morning.

Facebook Inc (NASDAQ:FB) options crossed at twice the expected amount today ahead of earnings, with the weekly 7/31 series dominant. FB closed at $96.99 -- up 1.8% -- but is moving lower in electronic trading.

Speaking of interesting options trades, Adam Warner offered up some ideas for those traders looking to get a piece of China's markets


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI