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

by Andrea Kramer

Published on Sep 16, 2015 at 5:06 PM

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.


150916UVOL_Calls


150916UVOL_Puts


A Schaeffer's exclusive!

The Expert's Guide

Access your FREE trading earning announcements before it's too late!


  
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


Research Exposes Shortcut to Stock Market Wins
A simple way to stop picking losers, and start cashing in like Wall Street's elite.
Spotify Stock Shaky as Amazon Eyes Podcasts
Amazon's interest in podcasts puts SPOT in focus
AZO Shifts Higher After Earnings
AutoZone's fiscal third-quarter results beat estimates
One New Company Looks Ready To Clean Up On China’s Lithium Mess
Click to continue to advertiser's site.