Unusual Options Activity: FIT, UA, BUD, and MO

Anheuser Busch Inbev SA (ADR) (NYSE:BUD) and SABMiller shareholder Altria Group Inc (NYSE:MO) attracted call traders amid M&A headlines

Sep 16, 2015 at 5:06 PM
facebook twitter linkedin

The Dow managed another triple-digit win, ahead of tomorrow's highly anticipated Fed announcement. Across all 12 options exchanges, 7.9 million calls crossed, compared to 7.2 million puts. The day's put/call volume ratio closed at 0.91.

Fitbit Inc (NYSE:FIT) call volume ran at twice the normal rate, as traders applauded a deal with Target Corporation (NYSE:TGT). Fellow fitness concern Under Armour Inc (NYSE:UA) saw four times the expected daily call volume, as the stock explored new highs on the heels of a stellar revenue forecast

Beermakers had a big day, with Anheuser Busch Inbev SA (ADR) (NYSE:BUD) calls crossing at eight times the norm, as Wall Street cheered major M&A news. Likewise, Altria Group Inc (NYSE:MO) -- a top shareholder of SABMiller -- calls flew off the shelves at twice the average daily rate, as the stock came within striking distance of a record high.




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