Unusual Options Activity: LNKD, BMY, and FIT

Call traders circled LinkedIn Corp (LNKD), Bristol-Myers Squibb Co (BMY), and Fitbit Inc (FIT), which all bucked the bearish bias

Sep 18, 2015 at 5:42 PM
facebook twitter linkedin


The Dow fell nearly 300 points -- giving up its weekly lead and sinking back into correction territory -- amid lingering post-Fed concerns. Across all 12 options exchanges, a 9.4 million calls crossed on "quadruple witching" Friday, compared to 10.7 million puts. The day's put/call volume ratio closed at 1.14.

LinkedIn Corp (NYSE:LNKD) bucked the bearish bias, attracting a rare crop of call traders. Likewise for Bristol-Myers Squibb Co (NYSE:BMY), which saw daily call volume soar to nearly six times the norm. Fitbit Inc (NYSE:FIT) also lured an unusual amount of call traders, as the security extended its winning streak to four sessions.


150918uvolcalls


150918uvolputs




A Schaeffer's exclusive!

The Expert's Guide

Access your FREE trading earnings guide for Q3 before it's too late!


  
 
Special Offers from Schaeffer's Trading Partners