Unusual Options Activity: JCP, K, ARIA, and ACI

Arch Coal Inc (NYSE:ACI) puts were a prime target as the stock took a tumble

Sep 1, 2015 at 4:45 PM
facebook twitter linkedin


The Dow got buried today, ending with a 469-point loss. Across all 12 options exchanges, 7.3 million calls crossed, compared to 9.1 million puts. The day's put/call volume ratio closed at 1.24.  

J C Penney Company Inc (NYSE:JCP) call volume rose to three times the average, as the retailer shrugged off a negative start to end 1.7% higher. Meanwhile, cereal maven Kellogg Company's (NYSE:K) calls also changed hands at triple the usual rate. 

On the put side, Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) saw volume rise to nearly five times the norm, as the stock continued to pare last Friday's M&A-inspired gains. Elsewhere, puts for Arch Coal Inc (NYSE:ACI) crossed at eight times the average rate, as coal stocks got battered


150901UCall


150901UPut









 

Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

 
Best stocks for October and worst stocks for October
 


 


 
Special Offers from Schaeffer's Trading Partners