Smart Money Report

1. ATML- 2,600 Sep. $9 calls were purchased for $0.10 each, against open interest of 17 contracts. Atmel shares are once again testing the $7.77 resistance level, higher by 1.45%.
2. CBS- 7,300 Sep. $55 calls were bought for $0.54-$0.60 each, against open interest of 8,650 contracts. Shares of CBS are testing the 50-day EMA today.
3. PBCT- A rollout from 18k Aug. $15 puts (credit) into 18k Sep. $15 puts (debit). Volume was above the open interest in the Sep. $15 puts.
4. T- Over 2,200 Apr. 2014 $36 calls were bought for $0.82-$0.83 each, against open interest of 7,823 contracts. Check the open interest on Monday morning for confirmation of new buying.
5. AAPL- Apple shares are on pace for the first close above the $500 level since January, currently higher by 0.62%. The call to put ratio in Aug. 23 weekly options is 1.44, led by activity in the $500 calls.

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AAPL ATML CBS Smart Money Report T unusual options activity