Schaeffer's Daily Option Blog: Sector Skepticism Fuels Surge in Option Volume on Frontline Ltd.

CINCINNATI, Oct 30, 2009 (BUSINESS WIRE) --

Option speculators swarmed Frontline Ltd. (NYSE: FRO) on Thursday, as the stock declined in sympathy with sector peer General Maritime's (NYSE: GMR) bleak earnings report. During the course of the session, the oil tanker titan saw about 4,800 puts change hands, more than quadrupling its average daily volume of fewer than 1,100 contracts. On the flip side, FRO saw roughly 11,200 calls cross the tape, more than seven times its normal single-session volume of about 1,500 contracts.

On the put side, investors centered on the stock's out-of-the-money January 2010 20 put. Most of the volume appears to have been the initiation of pessimistic positions, as put open interest at the January 20 strike swelled from roughly 1,500 to more than 5,000 contracts overnight. Plus, 91% of the puts traded at the ask price, suggesting they were bought.

Schaeffer's Investment Research 
Andrea Kramer, 513-589-3800 
(akramer@sir-inc.com)

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Tags: earnings   investment   investment opinion   nyse   research   strike  

Companies: Frontline Ltd. (FRO), General Maritime Corp. (GMR)

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Frontline Up 8.5% Since SmarTrend's Buy Recommendation - Zibb.com

Oct 20, 2009 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend, our proprietary pattern recognition system, called an Uptrend for Frontline (NYSE:FRO) on October 14, 2009 at $25.07.

Since then, Frontline has returned 8.5% as of today's recent price of $27.19. Want to profit from these alerts?

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Tags: market   nyse   profit   securities   trial  

Companies: Frontline Ltd. (FRO)

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Frontline (FRO) NewsBite - Higher Oil Boosts FRO - Zibb.com

Oct 16, 2009 (Fresh Brewed Media via COMTEX) --

Frontline (NYSE: FRO) opened at $26.72. So far today, the stock has hit a low of $26.51 and a high of $26.94. FRO is now trading at $26.83, up $0.83 (3.19%). Over the last 52 weeks the stock has ranged from a low of $15.78 to a high of $38.50. Shares of FRO are rising with other oil tanker stocks, helped by rising oil futures. Technical indicators for the stock are bearish and S&P gives FRO a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on FRO the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 22.50 range.

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Tags: futures   nyse   oil   S&P  

Companies: Frontline Ltd. (FRO)

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Frontline Ltd. (FRO) Corporate Event Announcement Notice - Zibb.com

Aug 27, 2009 (Wall Street Horizon via COMTEX) --

Frontline Ltd. (FRO)

Expected next earnings release:
Announcement date: 8/28/2009 - Before Market
Earnings Quarter: Q2
Announcement Status: Verified

Expected next investor conference call information:
Conference Call Date: 8/28/2009
Conference Call Time (ET): 9:00 AM
Conference Call URL: http://frontline.bm/

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Tags: conference   corporate   earnings   market  

Companies: Frontline Ltd. (FRO)

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