June 2, 2015 | 1:15 PM by Fahad Khalid | fkhalid@jaguaranalytics.com

Financials & Brokers Breaking Out

Here is quick view of what stands out in option market today:

Bank of America (BAC) – The bank that has seen open interest in August 17 calls climbs steadily from 40,000 to 180,000 since mid April. Breaking out today.

BAC Chart

Citigroup (C) – Buyers of 13,000 June 55 calls today for up to $0.77. Separately, over 30,000 accumulated in July 55 and 57.5 calls each since mid April. Breaking out today.

C Chart 2

Morgan Stanley (MS) – The bank that saw traders accumulate over 10,000 July 38 calls between April 15-22. Stock looking to clear $38.75 resistance today.

MS Chart

E-Trade Financial (ETFC) – Powerful candle as it pops to new 52-week high and one trader bought 10,000 October 26/33 bullish risk reversal for $0.35 net debit.

ETFC Chart

Ameritrade (AMTD) – Buyer of 1,000 November 38 calls for $1.80 today. Similarly look for this to clear through $37.75 soon.

AMTD Chart



Password must meet the following requirements: