Smart Money Report
ATML- Nearly 2,500 Aug $9 calls were purchased for $0.25 each, against open interest of 12,039 contracts. Earnings are due out tomorrow night. There was large buying in these calls on 7/23. The stock has dropped after earnings on 5 out of the last 7 reports, but it is down about $1 from where it was last month. Atmel trades at a P/E ratio of 13.82x (2015 estimates) with 40.9% EPS growth (63% this year), 8.7% revenue growth (5.5% this year), P/S ratio of 2.53x, P/B ratio of 3.91x, and has an average analyst price target of $9.63.
CCJ- More than 2,000 Sep 20 $21 calls were purchased for $0.25 each, against open interest of 1,903 contracts. The stock is nearing a retest of $19 level. Cameco trades at a P/E ratio of 18.59x (2015 estimates) with 31.6% EPS … Read More »
Smart Money Report
OVTI- OmniVision Technologies will report Q1 earnings after the bell tonight. Analysts are looking for $0.43 in EPS and revenue of $377 million. Options traders are pricing in a $2.50 move, or 13.81%, in either direction through September options expiration. The put to call ratio in the Sep. options is in favor of the bears at 2.46.
YGE- Of the few earnings released in the morning, Yingli Green Energy will report their results for Q2. Analysts are looking for -$0.32 in EPS and revenue of $507 million. The options market is implying in a $0.70 move, or 16.59%, in either direction through Sep. options expiration. Call to put ratio in the Sep. options is currently 3.54.
CCJ- 5,000 Jan. 2015 $25 calls were bought for $1.25-$1.35 each, against open interest of 21,131 contracts. Check the open interest in the morning for … Read More »
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight a bullish rollout in the Italy iShares ETF (EWI) and sizable call buying in Cameco (CCJ).
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