Unusual Options Activity: VZ, FSLR, and ADBE

Put players circled Verizon Communications Inc. (VZ) and First Solar, Inc. (FSLR), while pre-earnings calls were popular on Adobe Systems Incorporated (ADBE)

Sep 17, 2015 at 4:54 PM
facebook twitter linkedin

The Dow deflated with a quickness this afternoon, as traders jeered the Fed's decision to maintain the status quo. Across all 12 options exchanges, a whopping 10.2 million calls crossed, compared to 9.6 million puts. The day's put/call volume ratio closed at 0.94.

Verizon Communications Inc. (NYSE:VZ) puts traded at twice the daily norm, after the blue chip cautioned that 2016 earnings might "plateau" at 2015 levels.

Meanwhile, First Solar, Inc. (NASDAQ:FSLR) puts were four times more popular than usual, with much of the action attributed to what looks like a massive roll of September 60 puts to the October series.

Adobe Systems Incorporated (NASDAQ:ADBE)
overall options volume soared to seven times the average, but was particularly rampant on the call side, as traders placed bets ahead of earnings. In after-hours trading, ADBE is 2.4% lower.




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