Bullish flow is noted in several names, suggesting a few traders may be picking their spots for further upside into the spring.
Henry Schwartz of Trade Alert identified five stocks are seeing bullish activity in the options market.
Henry Schwartz of Trade Alert identifies stocks with bullish options activity.
With the recent two-week 28% jump in VIX, we might see a bit more volatility in March and, if so, a pickup of activity in the options pits on CBOE as well.
While all this put activity in the ETF is probably designed to hedge other positions, the timing is noteworthy.
Henry Schwartz of Trade Alert finds some options flow that points to clear upside expectations in these names.
Henry Schwartz of Trade Alert points out five stocks seeing bullish option flow, primarily in the form of unusually large opening purchases of out-of-the-money calls expiring within 90 days.
Henry Schwartz of Trade Alert points out that large blocks of puts in XLB, XLI, and XLF, as well as the spread trading in XHB, XRT, and XLY, are short-term bearish positions that will pay off if the equity markets make a move lower in the near future.
Henry Schwartz of Trade Alert points out that several traders may be looking for a strong start to this year for these listed stocks.
Higher volumes means more bids and offers. Whether the recent decline in open interest is part of a longer-term trend or simply a short-term development is difficult to tell. Henry Schwartz of Trade Alert explains why it has important implications for investors and liquidity.