Unusual Options Activity: LNG, JCP, SYY, and SUNE

Cheniere Energy, Inc. (NYSEMKT:LNG) put volume took off after Carl Icahn announced his new stake in the company

Aug 7, 2015 at 5:10 PM
facebook X logo linkedin


The Dow closed lower for the seventh straight session, and the Nasdaq had a similarly dreary day, as several biotech stocks suffered. Across all 12 options exchanges, 7.86 million calls crossed, compared to 8.34 million puts. The day's put/call volume ratio closed at 1.06.

Cheniere Energy, Inc. (NYSEMKT:LNG) put volume jumped to four times the average amount after Carl Icahn disclosed a stake in the companyJ C Penney Company Inc (NYSE:JCP) also saw puts exchanged at four times the typical pace, as the retailer prepares to release earnings a week from today

Meanwhile, call volume on SYSCO Corporation (NYSE:SYY) ended at 12 times the daily norm. Additionally, even with the stock sliding for the second straight daySunedison Inc (NYSE:SUNE) calls crossed at four times what's normally seen. 


150807Uvolputs


150807Uvolcalls

 

*SPONSORED CONTENT*

How to collect 1 dividend check every day for LIFE

Did you know you could collect 1 dividend check every day the market is open? You could also do it starting with just $605! For me, I'm collecting 70 dividend checks every quarter…which averages around 1.1 dividend checks every business day. There's no trading behind this... no penny stocks or high-risk investments. All you do is buy and hold and you're set. There's no set up required either. If you start buying the dividend stocks I show you today... you could collect 1 dividend per day starting as early as this week. Click here for all the details.

*SPONSORED CONTENT*