BK


2015-05-19 Unusual Options Activity (BGCP) (BK)

Posted on May 19th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2015-05-19 Unusual Options Activity (BGCP) (BK)

Unusual Options Activity

BGC Partners (BGCP)- Another 2,500+ Aug $10 calls were sold for $0.25, against open interest of 23,553 contracts. There was selling in these yesterday. On May 6th, roughly 10,000 of these calls were sold as well. The large trader who built up this position in late 2014/early 2015 appears to be in the process of closing it out.
Bank of New York Mellon (BK)- A rollout from 2,500 June 19 $42 calls ($1.72 credit) into 1,700 July $44 calls ($1.00 debit) and 1,700 July $45 calls ($0.65 debit). The $49B global investments firm hit a new high early this morning.
DSW Inc (DSW)- 1,500 July $35 calls were purchased for $2.20-$2.45. Call activity was 4x the average daily volume. Q1 results are due out on May 27th (shares have moved higher after earnings on 3 consecutive reports). This morning, Sterne … Read More »


Rising Rates And Earnings Growth Will Send State Street To A New All-Time High

Posted on September 29th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on Rising Rates And Earnings Growth Will Send State Street To A New All-Time High

Rising Rates And Earnings Growth Will Send State Street To A New All-Time High

State Street (NYSE:STT), a $31B investment banking company, reported Q2 EPS of $1.39 per share vs the $1.26 per share consensus Wall Street estimate on July 22nd (12% year over year increase). Revenue rose 4% to $2.68B from Q2 2013 and beat analyst estimates of $2.60B. Fee revenue (servicing and management fees) was the biggest driver in the quarter, increasing 5% to $2.10B. This is also factoring in the weak trading revenue environment across the entire investment management landscape… Click here to read more on my article on State Street for Seeking Alpha.

 


2014-04-21 Unusual Options Activity (HUBG) (MNK)

Posted on April 21st, by Mitchell Warren in Options Risk Management, Unusual Options Activity. Comments Off on 2014-04-21 Unusual Options Activity (HUBG) (MNK)

 Unusual Options Activity

AMD- 1,330 May 9 weekly $4.50 calls were bought for $0.06 each, against open interest of 163 contracts. (AMD) reported earnings on Thursday night.
NTES- 1k May $70 calls were purchased for $4.10-$4.20 each, against open interest of 115 contracts. Earnings are due out on 5/14. Typically trades 556 calls per day.
BBRY- 9,033 June $8 calls were bought for $0.37 each, against open interest of 11,255 contracts.
MU- 5,791 July $27 calls were purchased for $1.14 each, against open interest of 21,542 contracts. (MU) shares are trying to retest the February highs of $25.68.
SMH- 14,500 Aug. $50 calls were bought for $0.38 each, against open interest of 22,637 contracts. There was large buying in these calls on 4/8 and 4/9.
WPRT- 5,400 Oct. $17 calls were sold for $0.60 each, against open interest of 81 contracts. Earnings are due out on … Read More »



Wordpress SEO Plugin by SEOPressor