Real-time equity news [E U]
U.S. stock market report
1054 ET 30Nov2012-Total option open interest stood at 3.26 mln contracts
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A total of 15.8 million contracts traded in the U.S. options market on Thursday,
which resulted in net open interest growth of 1.88 million calls and 1.38
million puts, according to Trade Alert.
Facebook Inc, Microsoft Corp, Intel Corp and Ford
Motor Co had the greatest growth in open option positions.
Top five new positions opened include: 47,000 Intel January 2013 $21 strike
puts; 34,000 Microsoft January $28 strike puts; 34,000 Dollar General Corp
December $52.50 strike calls; 33,000 Microsoft January $25 strike puts;
and 22,000 Dollar General December $50 strike calls, Trade Alert figures showed.
Reuters Messaging:
doris.frankel.reuters.com@reuters.net
1039 ET 30Nov2012-Zynga weekly call traders look for rebound in shares
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Shares of Zynga Inc fell 6.48 percent to $2.45 on Friday morning
after a filing showed the company has amended its partnership agreement with
Facebook. The companies reported in regulatory filings on Thursday that they had
agreed to amend a deal struck in 2010 that was widely seen as giving Zynga
privileged status on the world’s No. 1 social network. Zynga stock fell 12
percent to $2.30 in after-hours trading. Facebook can now
develop its own games and not rely exclusively on Zynga, the largest publisher
of games on Facebook.
In Zynga options, it appears some investors believe the stock will rebound
to more than $2.50 before the end of business on Friday, WhatsTrading.com
options strategist Frederic Ruffy said.
Expiring Weekly $2.50 strike Zynga calls are the most popular and are
trading for just a few pennies. According to Trade Alert, 16,959 contracts
traded in the strike thus far, against 3,847 in open interest, and nearly 80
percent of the flow has been at the offer price, indicating buyer-fueled
activity. The December and January $2.50 strike calls are also busy, while
January $2.50 and January $4 strikes are the most actives puts, Ruffy said.
Total volume in Zynga is 2.2 times the daily average with 30,000 calls and 9,382
puts traded during the first hour of the trading session, data from Trade Alert
show.
Reuters Messaging:
doris.frankel.reuters.com@reuters.net
0712 ET 30Nov2012-Economic and earnings diary for Nov. 30
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Economic data expected on Friday includes October personal income and spending
and Chicago PMI for November. There are no S&P; 500 companies scheduled to report
earnings on Friday.
Charles.mikolajczak@thomsonreuters.com; +1 646 223 5234; Reuters Messaging:
Charles.mikolajczak.thomsonreuters.com@reuters.net
