Unusual Options Activity: DIS, NFLX, MBLY, and DDD

Media stocks Walt Disney Co (DIS) and Netflix, Inc. (NFLX) attracted put traders, while September-dated options were hot on Mobileye NV (MBLY) and 3D Systems Corporation (DDD)

Aug 20, 2015 at 4:50 PM

The Dow and its sector peers were slaughtered today, with tech pacing a broad-market swoon. Across all 12 options exchanges, a whopping 10.8 million calls crossed, compared to 12.7 million puts. The day's put/call volume ratio closed at 1.18.

Walt Disney Co (NYSE:DIS) led a media meltdown -- and all 30 Dow losers -- prompted by bearish brokerage attention. As the shares circled the century mark, DIS puts traded at four times the average intraday pace. Netflix, Inc. (NASDAQ:NFLX) didn't escape the Street's wrath, suffering its worst slide since October. As such, NFLX puts were hot commodities, trading at three times the normal pace.

Mobileye NV (NYSE:MBLY) followed tech stocks into the red, and the stock's options went off at two times the typical daily clip, with most of the action centering on the soon-to-be front-month September 55 strike. 3D Systems Corporation (NYSE:DDD) was the target of spread activity in the September and January 2016 series, with options trading at three times the norm.

150820Puts

150820Calls

Follow @Schaeffers

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!