Options Doggy (beta)

OPTIONS DOGGY

WE'VE MOVED TO OPTIONSDOGGY.COM

CVX

SEP 80p trade 7500x for 1.565 looks like a seller

QCOM

SEP 40c buyer 5,000 for .95 CBOE

CSX

JAN 55c buyer 9,000 for .85

SIRI

DEC 4 c seller 10,200 @.10

MCD

JAN 50c seller 10,000 @5.45 ISE

AA

JAN 50c buyer 9300 for .50 CBOE

DHI

JAN 30c buyer 6,000 for .175 CBOE

CSX

JAN 55c buyer 10,000 for .85 PHLX

MARKETS

First Boston is quietly selling futures here, 30 at a clip.  I'm also hearing we'll stay bid for the erst of the day.  Who knows for sure.  My suggestion is taking any short options off your books for a nickel if they are anywhere near strike.  that 5 bucks isn't worth it.

QCOM

OCT 35p buyer 3200 @1.60 ISE

NRG

MAR 40c seller 4,600 @3.40

NRG

MAR 40c seller 4,600 @3.40

MBI

JAN 80c seller 2500 @2.10

AMGN

OCT 55c buyer 8,000 for .97 ISE

POZN

SEP 10c buyer 2500 for .45 CBOE

PIZZA

Market is totally devoid of paper right now.  Last 30 minutes have ben consumed with:

1) finding NY-style pizza in Chicago, a formidable, if not impossible task.  and,

2) getting the most NY-looking pizza place to deliver 2 miles outside of their delivery zone.

Anybody watching anything?  I'm picking up cheap puts inthe brokers for a late day collapse, but have already resigned myself to the fact that they are probably worthless...

CNBC

Some analyst saying that the US economy is going to collapse, and the rest of the world is going to have much stronger economies...at the same time.  Only half of that statement can be true - CNBC guy just called him on it.

How do these people get jobs

MEDX

NOV 20c buyer 9,000 for 1.20 ISE

MIR

SEP 37.5c seller 3,500 @ 1.60 ISE

UH-OH

lookin bad all of a sudden....

VC

JAN 5p buyer 2500 for .75 CBOE

VC

JAN 5p buyer 2500 for .75 CBOE

LEN

SEP 25p buyer 2,000 for .85 ISE

MARKET

Hard to say.  I am definitely looking for some super cheap puts to pick up here - even in august, if we're less than 2% from strike and I can get em for a nickel, I'm buyin.  Also, stocks taht are trading down right njow I may get short as any downturn will crush.

MARKET

Hard to say.  I am definitely looking for some super cheap puts to pick up here - even in august, if we're less than 2% from strike and I can get em for a nickel, I'm buyin.  Also, stocks taht are trading down right njow I may get short as any downturn will crush.

MU

OCT 12 buyer 7500 for .65 ISE

MU

OCT 12 buyer 7500 for .65 ISE

CRAMER

Saying today could be the biggest up day in history - in point terms

OPTIONS RECAP

Good morning campers.  Discount rate cut 50 basis points, and away we go.  INtereseting that they did it now, after the 10% correction - either they wanted to let the brokers take some pain, or things are worse than we thought.

Mortgage/S&L: CFC +19%, IMH +19%, FMT +17%, NFI +16%, DFC +14%, IMB +14%, LEND +12%, WM +6.8%, FED +5%, CCRT +4.4%, FNM +2.1%, HBC +1.8%.... Mortgage Insurance: RDN +8.5% MTG +7.2%, GNW +1%; Mortgage REITs: LUM +50%, TMA +24%, IMH +19%, NFI +16%, RAS +15%, DFC +14%, AFN +12%, RWT +4.9%, NCT +4.4%, NLY +3.3%, SFI +2.5%.

RARE getting bought out, 35% premium

Some stocks that were down before the rate cut, and could see the first downticks if we back off: MT, WPPGY, CSG,  BAY, ASML, CCL

ITRN, KNSY, TSL, LOW, SOLF have earnings monday morning.

Go get em!

UTSI

Rocking higher on volume

AAPL

JAN 80p buyer 13,500 for 2.55 PHLX

AMR

buyer of 4500 NOV 27.5c 1.25 ISE - that's 15k on the day

T

OCT 37.5p seller 10,000 @1.90 ISE

DOW only down 100

can you believe this?!

FED

Chatter that FED is holding an emergencyt meeting... not giving it much weight, but maybe part of the rally...

RMBS

JAN 2009c seller 2300 @3.20 AMEX

AMZN

Bidding up the SEP 80c - paying the offer, rasising bid 3k so far stock hasnt moved

MORTGAGE INSURERS

Just exploded to the upside - PMI, RDN

GS and FCF rocking higher too -

YEN

Wow, today is the biggest one day move in the yen since the currency crisis of 1998

CFC

New lows - down to 15 bucks!

AA

Just bought 6,000 more for .65

AA

SEP 40c buyer 6600 for .60 PHLX

APC

JAN 2009 40p trade 10,000x 3.15 not sure of which way

APC

JAN 2009 40p trade 10,000x 3.15 not sure of which way

TSUNAMI

alert issued for coast of Japan

S&P

EDF Man is buying piss out of the futures - was a 6 even bid for 500, now paying 7 even

Bought 450 so far - now paying 8 even total of 600 trade

Locals sell it back down to 7 even

LEND

At session highs....

FCX

FEB 90c buyer 2,600 for 4.70 CBOE

FCX

FEB 90c buyer 2,600 for 4.70 CBOE

SNMX

OCT 15c seller 5,000 @ .35