Sidewinder Update: Williams Companies (NYSE: WMB)

Comment

Shutterstock photo

Hefty options volume has already crossed the tape in Williams Companies Inc. (NYSE: WMB ) with the stock relatively unchanged at $21. At 9:47 a.m. EST, an investor rolled a long call position in the natural gas transporter up and out. The investor sold 52,800 of the front-month February 10 calls (home to current open interest of 60,800 contracts) and simultaneously bought to open the May 16 calls 58,800 times, collecting $5.73 for the roll-out.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options


More from Karla Yeh

Subscribe






Karla Yeh
Contributor:

Karla Yeh


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com