Unusual Options Activity: M, JCP, YHOO, INGN

Yahoo! Inc. (NASDAQ:YHOO) call volume ran at a faster-than-usual clip, despite the stock hitting an annual low

Josh Selway

Aug 12, 2015 at 4:45 PM

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The Dow staged a stellar second-half comeback, finishing just short of breakeven. Across all 12 options exchanges, 9.80 million calls crossed, compared to 10.32 million puts. The day's put/call volume ratio closed at 1.05.

Macy's, Inc. (NYSE:M) puts changed hands at eight times what's normally seen, after the company unveiled lower-than-expected second-quarter earnings and issued a dire warning for its full-year sales forecast. J C Penney Company Inc (NYSE:JCP) put volume finished at four times the norm, as the company prepares for earnings on Friday.

Call volume on Yahoo! Inc. (NASDAQ:YHOO) ran at 1.4 times the expected daily pace, despite the shares hitting an annual low. Inogen Inc (NASDAQ:INGN) call volume was 22 times higher than normal, after strong earnings and a solid outlook helped lift the shares into record-high territory.

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