mahkoh
1,065 posts
msg #140465
- Ignore mahkoh
modified |
12/28/2017 3:31:51 PM
MAR 11.000 April 135 calls bought today, 8.3 million dollar trade. Stock at 136.04
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15minofPham
171 posts
msg #140469
- Ignore 15minofPham |
12/28/2017 10:42:23 PM
Big Option Volume Trade of the Day - MAR
I would appreciate it mahkoh if you would stop stealing my thunder! Ha! In a week that's supposed to be cricket quiet, big option volume have been bigger than ever. For a second consecutive day, an investor loaded up on MAR when they spent $8.3 million on 11,167 of the 4/20/18 135 Calls for $7.50. Break even is $142.50 but earnings is on 2/15 so who knows if they'll hang on for it.
If they decide to sell beforehand, MAR needs to gain 4.34% to achieve the break even point. This should be very doable as it's been averaging 5.42% per month on its 4 months winning streak. But if the market decides it's time for a correction, then this would mar this massive bet!
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mahkoh
1,065 posts
msg #140479
- Ignore mahkoh
modified |
12/29/2017 2:15:02 PM
Awfully sorry, 15min, but MAR was really the only one that stood out yesterday.. And I did edit the post to add the price of the underlying at the trade which comes in handy should one revisit these posts sometime in the future.
Not much going on today. Someone sold to close 500 AMZN 240 Jan calls for nearly $ 94.000 per contract. Probably bought them some 2 to 3 years ago when the stock traded in the vicinity of that price and is now cashing in for tax deduction purposes.
DDD has someone buying 20.000 Feb 11 puts. DDD at 8.74
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shillllihs
6,101 posts
msg #140481
- Ignore shillllihs |
12/29/2017 2:51:10 PM
Not related to your big plays, but I bought 20 Jan 5 $6 Ung calls just for fun. I don't know what I'm doing.
Just think there's 1 counter play left befor Ugaz tanks. I'm like Spicoli on this one.
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shillllihs
6,101 posts
msg #140483
- Ignore shillllihs |
12/29/2017 3:08:36 PM
10 contracts Jnug puts Jan19 $13 for .09
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15minofPham
171 posts
msg #140489
- Ignore 15minofPham |
12/29/2017 10:41:26 PM
The UNG Calls are not bad. I almost pulled the trigger yesterday myself. The daily cloud offers resistance at $6.26. If it can climb above the cloud, then it should test $6.63 resistance. Next week's option volume suggest it should come close to $6.50, it not higher. Good luck!
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15minofPham
171 posts
msg #140490
- Ignore 15minofPham |
12/29/2017 11:03:57 PM
Big Option Volume Trade of the Day - MAR (Again!)
I don't recall big plays on three consecutive days on a non tech stock, much less a hotel stock! Clearly this investor knows something as they snapped up another 11,167 of the MAR 4/20/18 135 Calls at $7.80. Stock was $135.68 at time of purchase. This puts the total three day premium over $20 million! Interestingly this buy was made about five minutes before close. Break even is $142.80.
Seasonality over the past five years show January winning pct of 50% with an avg gain of 2.4%. Feb though is its best month of the year with a 83% win rate & 6.4% avg gain. I'm thinking this investor will hold through earnings in mid February.
Disclaimer: I'm not in it yet. I'm hoping it can fall down to the daily 8 EMA which is $134.41, but I have a feeling I may not have the luxury. I will jump in on Tuesday on any strength.
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shillllihs
6,101 posts
msg #140579
- Ignore shillllihs |
1/2/2018 1:23:05 AM
I think this Ung play may be up today. Should I close it out pros?
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15minofPham
171 posts
msg #140587
- Ignore 15minofPham |
1/2/2018 9:38:09 AM
Shils,
Not sure where you're at with your profits, but if it's over 50% certainly something to think about since these are weeklies. Or you can see if it reaches the daily cloud which is around $6.20. Great job on the win!
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mahkoh
1,065 posts
msg #140599
- Ignore mahkoh
modified |
1/2/2018 3:15:46 PM
TWX in play again today ( 91.86) 30000 Jul 95 calls bought and selling the 105 call and 82.5 put. The trader has to pay $ 135 net per contract for the trade.
BABA (181.05) spread, 10000 Feb 185 puts bought while simultaneously the same number of Feb 185 calls sold. Short term bearish bet as the net cost of the trade is $ 350 per set of contracts.
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