Smart Money Report
K- Kellogg is set to announce Q3 earnings before the bell on Monday morning. Analysts are looking for $0.90 in EPS and revenue of $3.7 billion. The options market is implying a $1.85 move, or 2.96%, in either direction through November options expiration. Put to call ratio in (K) options is currently 1.65.
SYY- Sysco will also release results on Monday morning. Analysts are looking for $0.48 in EPS and revenue of $11.7 billion. Options traders are pricing in a $1.50 move, or 4.65%, in either direction through November options expiration. The put to call ratio in (SYY) options is 2.61.
BBRY- 11,500 Nov. 8 weekly $8 calls were bought for $0.32 each, against open interest of 3,576 contracts.
HPQ- A rollout from 6k Nov. $24 calls (credit) into 6k Nov. $26 calls (debit). Volume was below the open interest on … Read More »