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