Unusual Options Activity: TWTR, DIS, RIG, COH, and KORS

A big put player jumped on Transocean LTD (NYSE:RIG), plus Coca-Cola Enterprises Inc (NYSE:CCE) racked up heavy call volume

Aug 3, 2015 at 4:52 PM
facebook twitter linkedin


U.S. markets closed lower today, with energy names in particular taking a drudging. Across all 12 options exchanges, 7.58 million calls changed hands, compared to 6.65 puts. The day's put/call volume ratio landed at 0.87. 

One of the day's biggest trades occurred on Transocean LTD (NYSE:RIG), where one speculator apparently rolled down a massive block of 90,300 November 13 puts to the 12 strike. Despite trading at all-time highsWalt Disney Co (NYSE:DIS) saw increased put activity, with the contracts crossing at four times the normal pace. Put volume on Sunedison Inc (NYSE:SUNE) ended three times higher than normal as the company prepares for earnings

Twitter Inc (NASDAQ:TWTR) settled at its lowest daily close ever, but still saw heavy call activity. Michael Kors Holdings Ltd (NYSE:KORS) and Coach Inc (NYSE:COH) also saw heavy call volume, despite trading lower. Coca-Cola Enterprises Inc (NYSE:CCE) gave back some of last week's gains, but call activity soared to 37 times the norm as one player liquidated a big position in January 2016 47-strike calls. 


150803Uput


150804UCalls

 

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 

 

300x250 - Banner 3 - v1