EXEL


2015-04-10 Unusual Options Activity (DAL) (EXEL)

Posted on April 10th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2015-04-10 Unusual Options Activity (DAL) (EXEL)

Unusual Options Activity

Altera (ALTR)- The Apr $47/$55 bull call spread was put on 10,000 times for a $1.000 debit and the May $47/$55 bull call spread was put on 5,000 times for a $2.00 debit. These follow yesterday’s May $44/$50 bull call spread buyer of 5,000 for a $1.80 debit. Shares have fully recovered from the gap down yesterday (rumors that Intel was no longer interested in acquiring the company) and actually made a new high relative to the March 27th peak when the Intel rumors came out. Reports were that Intel was willing to pay in the low $50’s, so the recent call spread trades could be positioning for a re-offer by Intel or another large tech company.
Delta Air Lines (DAL)- 10,000 Sep $50 calls were bought for $1.78-$1.82, against open interest of 4,302 contracts. Earnings are due out … Read More »


2015-01-28 Unusual Options Activity (IDTI) (ZIOP)

Posted on January 28th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2015-01-28 Unusual Options Activity (IDTI) (ZIOP)

Unusual Options Activity

CLR- 20,000 June $35 puts were sold for $2.40-$2.45 each, against open interest of 330 contracts. Put activity is 7x the average daily volume. He/she is making a mildly bullish bet that Continental Resources shares won’t close below the $35 level on June options expiration (they get to keep the $2.40-$2.45 credit if stays above $35). Late in 2014 the stock bounced off of the multi-year support level at $30 and has recently been able to reclaim the 10-week exponential moving average (similar to the 50-day EMA). The drastic fall in oil prices has resulted in a once $80 stock been cut in half in just a few months as 2015 EPS estimates have been slashed to $0.91 from $3.59. Q4 earnings won’t be released until February 24th (dropped on the last 7 reports).
EXEL- More than 27,000 calls … Read More »



Wordpress SEO Plugin by SEOPressor