For the past few years its been popular among news services to report big options trades as if they mean something . So they report 200 of these prints a day , like they are doing you a favor. Anyone find these tradeable , short term, beyond random noise?
Yes... doesn't mean anything, because you don't know the interest. Was it initiated by a buyer or seller? What (if any) was the hedge? Same goes for put/call ratio reports... all BS...
The Najarians use it right? Either way, here's a good link to daily re-caps. http://www.benzinga.com/topic/options-alerts Like today, that Swift Tr (SWFT) transaction might mean something.
Yesterday someone bought 2000 March $31 calls on Kroger right before the close (at the ask) for $1.75. OI was 70. Kroger gapping down pre-market on lousy same store sales. Following this trade would have been a mistake ...for now at least.