Mid-Session Unusual Activity - CAT, NFLX, SCHW
Jon "DRJ" Najarian | email@example.com
Charles Schwab (SCHW): An investor bought 9,000 January 2014 calls for $0.70, looking for upside in the share price. SCHW fell 0.42 percent to $14.25.
Netflix (NFLX): More than 9,000 May 120 calls were bought, mostly for $0.20, but volume is below open interest in the strike. NFLX fell 2.82 percent to $81.38.
Caterpillar (CAT): A surge of activity occurred in the May 90 puts and the August 90 puts, likely the result of a market-neutral position being closed. CAT fell 1.63 percent to $102.86.
Disclosure: Charles Schwab is a competitor of optionMONSTER's sister company, tradeMONSTER.