Options & Block Trading

[Gator]

During the last trading session, a new 90-day call record for traded contracts was established. There were 3.5 calls traded for every put contract yielding a 0.29 put/call ratio.

A significant increase in the trading volume of a stock's option often is a precursor of movement by the underlying stock. In such instances, put/call Ratio can be used as an investor sentiment indicator, where a high ratio implies that the overall investor sentiment is bearish and a low put/call ratio implies that the sentiment is bullish.

InterOil Corporation (IOC) opened today at $74.94 and is currently trading at $75.95, up $2.24 (+3.04%) during last trading session. To date, the stock has lost -0.05% within the last month. The daily low is $73.83 and the high is $76.22. The trading volume of 407M is below the average volume of 747M shares. IOC is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $47.02 and 52 week high is $99.05.

[TxPm]

The high call to put ratio continued today. What's interesting is the large amount of deep ITM calls being bought for April & June

[jft310]

Deep in the money calls Bought have a high delta. High % of the stocks movement. If sold these new calls they also have a high delta and gets them shares where others are not available. I didn't see the spreads in the trades. Were they Bought or Sold. And yes it matters.