Stocks Under Spotlight Netflix Inc. (NASDAQ:NFLX), Twitter Inc (NYSE:TWTR) and GT Advanced Technologies Inc (NASDAQ:GTAT)

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By Lisa Bradley on July 2, 2014 Technology & Software

Three companies that provide streaming content have gained much heap and are all over the market. These companies include a microblogging firm Twitter Inc (NYSE:TWTR), an internet streaming firm Netflix, Inc. (NASDAQ:NFLX) and a solar technology corporation GT Advanced Technologies Inc (NASDAQ:GTAT). Let’s have a look at how the traders and investors are putting their bets on these streaming content companies.

The share price of Twitter Inc (NYSE:TWTR) has reached the value of $42.77 with an increase of 4.4%, shortly after the company appointed the executive of Goldman Sachs Group Inc (NYSE:GS), Anthony Noto, the CFO of the company.

With the overall trading volume of the day being twice the usual volume, a significant increase in the TWTR options has been seen. The shares’ 30-day ATM has increased to 62.7 percent from 8.4 percent, with the 43 strike and buy-to-open calls for 7/3 weekly and July 43 being the focus of trading crowd. Investors have bought these options with the hope that TWTR will move north before the expiration of their respective options. However, if the stocks do not move then the buyers will have to let go of the initial premium paid on the options. If seen from a volatility standpoint, the equity options for front-month are not very expensive right now; the TWTR’s SVI is at a value of 38%.

According to the reports submitted by Goldman Sachs, the share value of Netflix, Inc. (NASDAQ:NFLX) went up by 5.8% and reached the value of $465.97. The shares’ highest price touched the figures of $466.50. It seems like traders are interested in short-term deals as the option volume of the day is three times the usual volume. Moreover, the company’s 30-day ATM suggests that its volatility has been increased by 4.2% and reached 51.8%, with 90 percent of the strikes expiring by Thursday’s closing. Many speculators are placing their bets at $460 for Netflix, Inc. (NASDAQ:NFLX), with a weekly open strike-put of 7/3 $460. If the value of the shares keeps on increasing, then the options will be worthless for the speculators. The sellers, on the other hand, will gain the initial premium paid by the traders, hence, making the most out of the play.

Coming to GT Advanced Technologies Inc (NASDAQ:GTAT), it seems like the company is planning to make fresh records; the company was able to touch the value of $19.79 for the very first time. The price of company’s shares was increased by 4.8% and reached the value of $19.50 whereas the call volume of the day was three times the usual clip. Not only that, but 30-day at the money has increased to 62% from 4%, with 80 percent of the strikes being the front-month. Rumors have it that investors are buying the stocks in order to make the 19^th and 20^th July calls, with a hope that GTAT will extend its highs. On the other hand, sellers are selling off the stocks keeping in view GTAT’s ascent.

Furthermore, company’s short interests are responsible for the float of more than 33% of the company’s stocks, at the average security trading pace, making up almost 7 sessions buying demands.