Unusual Options Activity: TSLA, LCI, JOY, and AMBA

Tesla Motors Inc (NASDAQ:TSLA) call players made an appearance after Elon Musk took to Twitter

Sep 3, 2015 at 4:51 PM
facebook twitter linkedin

Even though it gave back a triple-digit lead, the Dow finished higher for the second straight day. Across all 12 options exchanges, 7 million calls crossed, compared to 7.1 million puts. The day's put/call volume ratio closed at 1.01.  

Tesla Motors Inc (NASDAQ:TSLA) call volume was accelerated today after CEO Elon Musk broke some news on TwitterLannett Company, Inc. (NYSE:LCI) calls crossed at a rate six times normal, amid the company's recent M&A news

Joy Global Inc. (NYSE:JOY) puts crossed at 10 times what's expected, after the company reported disappointing quarterly numbers. Meanwhile, put volume for Ambarella Inc (NASDAQ:AMBA) ended nearly two times higher than usual, with the stock on the short-sale restricted list




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! 



Special Offers from Schaeffer's Trading Partners