A trader bought 3,600 KORS Nov 8^th Calls for $0.15 (2.9 times usual volume) with stock at $78.11
A trader bought 1,400 CSUN Nov 10 Calls for $0.34 (5.4 times usual volume) with stock at $8.55
A trader bought 1,000 MWW Dec 4 Calls for $0.65 (3 times usual volume) with stock at $4.39
A trader bought 7,659 ADSK Dec 45 Calls for $0.92 (2.5 times usual volume) with stock at $41.46
A trader bought 2,500 ITUB Jasn 15 Calls for $0.65 (4.1 times usual volume) with stock at $14.76

A trader bought 1,400 HSP Nov 40 Puts for $1.05 (19.6 times usual volume) with stock at $39.98.
A trader sold 5,000 BRY Feb 50 Calls for $3.70 to buy 2,500 Feb 45 Puts for $1.65 (21.1 times usual volume) with stock at $51.46.
A trader bought 810 ANN Dec 35-31 Put Spreads for $1.15 (2.2 times usual volume) with stock at $35.70
A trader bought 3,808 DDD May 55-50 Put Spreads for $1.60 (2.3 times usual volume) with stock at $69.88

A trader bought 810 ANN Dec 35-31 Put Spreads for $1.15 (2.2 times usual volume) with stock at $35.70
A trader bought 3,808 DDD May 55-50 Put Spreads for $1.60 (2.3 times usual volume) with stock at $69.88
A trader bought 7,659 ADSK Dec 45 Calls for $0.92 (2.5 times usual volume) with stock at $41.46
A trader bought 2,500 ITUB Jasn 15 Calls for $0.65 (4.1 times usual volume) with stock at $14.76
A trader bought 1,400 CSUN Nov 10 Calls for $0.34 (5.4 times usual volume) with stock at $8.55

A trader bought 1,000 XBI Dec 122 Calls for $4.10 (2.9 times usual volume) with stock at $120.62
A trader bought 7,800 TWM Jan 32 Calls for $0.05 (4.3 times usual volume) with stock at $13.74
A trader bought 1,367 MAT Nov 45 Calls for $0.725 (2.9 times usual volume) with stock at $45.26
A trader bought 1,000 ALLT Mar 12.5 Calls for $1.85 (13.6 times usual volume) with stock at $12.87
A trader bought 8,000 LCC Dec 23 Calls for $1.85 (2.4 times usual volume) with stock at $23.55

A trader bought 8,517 AVG Nov 20 Puts for $1.25 (3.4 times usual volume) with stock at $20.17
A trader bought 13,695 BBRY Dec 7 Puts for $1.06 (4.9 times usual volume) with stock at $6.63
A trader bought 2,800 NUAN Dec 14 Puts for $0.45 (2.9 times usual volume) with stock at $15.76
A trader bought 1,000 CLH Nov 60 Puts for $1.35 (7.8 times usual volume) with stock at $61.38

A trader bought 1,000 ALLT Mar 12.5 Calls for $1.85 (13.6 times usual volume) with stock at $12.87
A trader bought 8,000 LCC Dec 23 Calls for $1.85 (2.4 times usual volume) with stock at $23.55
A trader bought 8,517 AVG Nov 20 Puts for $1.25 (3.4 times usual volume) with stock at $20.17
A trader bought 13,695 BBRY Dec 7 Puts for $1.06 (4.9 times usual volume) with stock at $6.63
A trader bought 7,800 TWM Jan 32 Calls for $0.05 (4.3 times usual volume) with stock at $13.74

United States Steel Corporation (X) is a producer and seller of steel mill products in North America and Europe. The company’s stock is currently trading around $25.50 in a 52 week range of $15.80-$26.29. The stock has been performing well this year but has lagged the overall market adding only 6.54% to share prices year to date. Despite the stocks relative under-performance to the broader market options traders have stepped in to make some very bullish bets on X through January. Earlier in today’s trading session a trader sold 21,000 of the Jan 26-23 put spreads for $1.22. This short in the money put spread is a bullish bet that exposes this trader to $3.74 million worth of risk. This block also represents volume 2 times greater than the average daily option volumes in X. Shares of X are also trading well on the chart. X is well above the Ichimoku Cloud and the future cloud is indicating there could be more upside in store for X. We believe that this unusual option activity and strong chart present us with an opportunity for a covered call trade in X. (more…)

A trader bought 1,000 DBD Nov 30 Calls for $0.55 (2.3 times usual volume) with stock at $29.93
A trader bought 1,000 NTRS Dec 60 Calls for $0.30 (3.2 times usual volume) with stock at $56.46
A trader bought 10,000 ADSK Dec 44 Calls for $0.88 (2.6 times usual volume) with stock at $40.95
A trader sold 20,511 X Jan 26-23 Put Spreads for $1.22 (2 times usual volume) with stock at $25.65
A trader bought 1,000 OCN Dec 50 Calls for $5.35 (2.1 times usual volume) with stock at $53.56

A trader bought 19,588 MRO Dec 33 Puts for $0.48 (4.6 times usual volume) with stock at $35.26
A trader bought 1,250 FTR Jan 4.5 Puts for $0.30 (2 times usual volume) with stock at $4.42
A trader bought 1,000 JAH Apr 50 Puts for $1.55 (2.1 times usual volume) with stock at $55.45
A trader bought 2,600 TWO Nov 9 Puts for $0.20 (5.2 times usual volume) with stock at $9.31

A trader sold 20,511 X Jan 26-23 Put Spreads for $1.22 (2 times usual volume) with stock at $25.65
A trader bought 1,000 OCN Dec 50 Calls for $5.35 (2.1 times usual volume) with stock at $53.56
A trader bought 19,588 MRO Dec 33 Puts for $0.48 (4.6 times usual volume) with stock at $35.26
A trader bought 2,600 TWO Nov 9 Puts for $0.20 (5.2 times usual volume) with stock at $9.31
A trader bought 10,000 ADSK Dec 44 Calls for $0.88 (2.6 times usual volume) with stock at $40.95