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THLD, VMW, MTXX, PLXT, PRXL Higher; ZRAN, CVO, ATHR, TXN, AAPL Lower
VMware, Inc. (NYSE: VMW) 17.5% HIGHER; reports Q4 EPS of $0.31, 5 cents better than the analyst estimate of $0.26. Revenue for the quarter was $608 ...
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VMware, Inc. Swamped By Call Selling Ahead of Earnings
The most popular strike on the session is VMW's February 42 call, with more than 1,500 contracts changing hands on open interest of just 196 contracts. Given this data, it seems likely that much of this volume constitutes the addition of fresh positions. However, this activity is not quite as bullish as one might expect. In fact, the majority of the February 42 calls trading on VMW have crossed at the bid, suggesting sell-to-open activity. Specifically, a block of 1,100 contracts traded on the International Securities Exchange (ISE) at 10:31 a.m. Eastern time for the bid price of $2.10, or $210 per contract. By entering this position, the option trader is betting that...
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