Cinderella’s Castle – Walt Disney World (Photo credit: @cdharrison)

Today’s tickers: DIS, NTE VLO

DIS – Walt Disney Walt Disney Co. – Trading trade in weekly call options on Disney suggests traders are positioning for shares in a name to extend gains, with a batch adult as many as 2.2% during a new all-time high of $63.25 now on a heels of an ascent to ‘buy’ from ‘neutral’ with a aim cost of $72.00 during UBS UBS. Shares in Disney are adult scarcely 50% given this time final year.

Traders betting a batch pushes to uninformed highs this week seem to be shopping a May 03 ’13 $65 strike weekly calls. Roughly 400 contracts have altered hands contra open seductiveness of 13 contracts as of 12:30 p.m. ET, and it looks like a bulk of a volume was purchased in a early going for an normal reward of $0.07 per contract. Weekly call buyers make income during death this week if shares in Disney boost another 2.9% over today’s high of $63.25 to tip a normal breakeven indicate during $65.07. Walt Disney Co. reports second-quarter gain after a shutting bell subsequent Tuesday.

NTE – Nam Tai Electronics Nam Tai Electronics, Inc. – Buyers of bearish options on electrical components and products provider, Nam Tai Electronics, Inc., final week before to a company’s first-quarter gain news forward of a open this morning are saying large gains in a value of those contracts, with shares in a name acrobatics some-more than 30% now to a lowest turn given Aug of 2012. Traders final week snapped adult front month put options, shopping around 1,500 lots during a May $10 strike for an normal reward of $0.40 any and roughly 575 puts during a May $12.5 strike during an normal reward of $1.48 apiece.

The pointy selloff in shares of Nam Tai now now finds a $10 and $12.5 strike put contracts changing hands during $2.40 and $5.00 apiece, respectively, as of 12:15 p.m. in New York. Overall options volume in additional of 12,000 contracts in play on NTE now is estimable contra a stock’s normal daily volume of around 800 contracts. Shares in a name are now down 33% on a day during $7.57.

VLO – Valero Energy Valero Energy Corp. – Shares in Valero Energy Corp. are on a arise today, adult 1.7% during $41.42 as of 11:50 a.m. ET forward of a company’s first-quarter gain recover before to a opening bell on Tuesday. Big prints in weekly calls on VLO in a early going this morning suggests some traders are positioning for a cost of a underlying to extend gains in a nearby term. The May 03 ’13 $42.5 strike calls are a many active contracts on Valero by volume, with upwards of 5,900 lots in play contra open seductiveness of 80 contracts.

Most of a $42.5 calls, including a singular imitation of 4,136 contracts, seem to have been purchased for an normal reward of $0.56 apiece. Call buyers mount prepared to distinction during death this week in a eventuality that Valero’s shares convene another 4.0% over a stream cost of $41.42 to transcend a normal breakeven indicate on a upside during $43.06. The May 03 ’13 $42 strike call options are active as well, with around 600 lots purchased progressing in a event during an normal reward of $0.69 each. Shares in Valero are adult roughly 70% given this time final year.

Caitlin Duffy is an equity options researcher during Interactive Brokers in Greenwich, Conn. Email: ibanalyst@interactivebrokers.com