karennma
8,057 posts
msg #81888
- Ignore karennma |
10/27/2009 8:21:22 PM
Earnings B4 the bell.
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Eman93
4,750 posts
msg #81911
- Ignore Eman93 |
10/27/2009 10:53:41 PM
Thanks for the heads up....... are you in on any calls?
Option Volume Leaders as of 4:20 PMPosted on October 27th, 2009 4:20 pm by TradeAlert in AutoPost
BAC
Bank of America Corporation
Contracts 783,912
Calls 74.8%
Puts 25.2%
$15.45
+0.05
COP
ConocoPhillips
Contracts 584,085
Calls 96.8%
Puts 3.2%
$51.4
+0.66
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mystiq
650 posts
msg #81920
- Ignore mystiq |
10/28/2009 2:45:49 AM
Rank Stock Option Option Symbol Close Change Volume VolumeChange Open Interest OpenInterest Change
1 BAC NOV09 17.5 Call BYOKZ.X 0.18 0.01(2.9%) 199895 141612(243.0%) 216505 7988(3.8%)
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karennma
8,057 posts
msg #81922
- Ignore karennma |
10/28/2009 8:09:18 AM
Eman:
I bot BAC calls yesterday. Posted BAC low @ $15.03 @ 3:00 PM.
Can't get COP calls 'cause I've still got too many others ... "V" , BIDU, AAPL.
:>)
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Kevin_in_GA
4,599 posts
msg #81924
- Ignore Kevin_in_GA |
10/28/2009 9:02:20 AM
CAREFUL HERE:
ConocoPhillips Profit Drops After Oil, Natural-Gas Prices Fall
Share | Email | Print | A A A
By Edward Klump
Oct. 28 (Bloomberg) -- ConocoPhillips, the U.S. oil company that announced plans this month for $10 billion in divestitures, said third-quarter profit fell 71 percent after a collapse in crude and natural-gas prices.
Net income dropped to $1.5 billion, or $1 a share, from $5.19 billion, or $3.39, a year earlier, Houston-based ConocoPhillips said today in a statement on Business Wire.
U.S. oil futures, which touched a record $147.27 a barrel in July 2008, averaged $68.24 in the third quarter, down 42 percent from a year earlier. The average gas price plunged 62 percent. ConocoPhillips said Oct. 7 that it would look to sell about $10 billion of assets over two years and cut capital spending 12 percent in 2010 to reduce debt and boost returns.
THEY DID BEAT EPS ESTIMATES THOUGH, AT $1 VERSUS EXPECTATIONS OF $0.94.
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karennma
8,057 posts
msg #81925
- Ignore karennma |
10/28/2009 9:18:39 AM
OMG!!
OMG!!
"ConocoPhillips quarterly profit DOWN 71 pct"
All those CALLS on Schaeffer!!
You CAN'T just "follow the big boyz".
They'll get slaughtered today!!
From www.whatstrading.com
COP ConocoPhillips 584,085(contracts) 96.8%(calls) 3.2%(puts)
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skiiiva
37 posts
msg #81929
- Ignore skiiiva |
10/28/2009 10:09:29 AM
there are to many diff. option strategies for the volume data alone to indicate the direction of the stock.
you must know if the trades where a buy or sell at bid or ask,
and then you still need to determine if it was to open or close a position
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karennma
8,057 posts
msg #81930
- Ignore karennma |
10/28/2009 10:35:14 AM
Ski:
You're right.
Those traders could've SOLD the calls, not bought them.
Selling those calls would've been a SHORT position.
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skiiiva
37 posts
msg #81952
- Ignore skiiiva |
10/28/2009 3:07:42 PM
they could own the stock and sell calls against it for protection or to collect the time and volatility premium as it decays with the stock trading flat. it could also be some adjustment to a large multi-leg position as well.
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karennma
8,057 posts
msg #81953
- Ignore karennma |
10/28/2009 3:31:27 PM
Skiiva:
Got it.
That "90%" certainly did NOT represent long positions.
Thanks for the feedback.
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