From What's Trading:
Cheniere Energy shares popped 4% to an intraday high of $9.30 and option volume is 3x the daily average being driven by large blocks in longer dated calls. The December $11 call saw a 5,000 contract block trade at the $1.80 asking price and with no prior open interest this looks like an opening purchase. The September $12 call saw a 4,100 block trade at the $1.00 asking price but this could be closing or tied to stock. There is no apparent news. The liquefied natural gas distributor is slated to report earnings early-May, but nothing yet on the company’s event calendar.Previously:
As Shell Diverts NatGas to Japan: Does Cheniere Energy also get a boost? (RDS; LNG
