Smart Money Report

1. TIF- Tiffany will report Q2 earnings before the bell tomorrow morning. Analysts are looking for $0.74 in EPS and revenue of $941 million. Options traders are pricing in a $3.35 move, or 6.57%, in either direction through Friday. The call to put ratio in the Aug. 30 weekly options is currently 1.02.
2. CNQ- 5,000 Jan. 2015 $35 calls were bought for $2.15-$2.30 each, against open interest of 5,125 contracts. Check the open interest in the morning for confirmation of new buying.
3. DB- More than 5k Oct. $50 calls were purchased for up to $0.55 each, against open interest of 2,868 contracts. Deutsche Bank shares are down 0.40% today.
4. HOV- 5,000 Jan. 2015 $3 puts were bought for $0.40-$0.45 each, against open interest of 1,650 contracts. Shares of Hovnanian Enterprises have recovered from the early losses this morning and are now higher by 2.49%.
5. AAPL- Apple shares are moving higher after testing the $500 level several times last week, currently up 1.30%. The call to put ratio in the Aug. 30 weekly options is 1.52, led by activity in the $505-$520 calls.

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AAPL CNQ DB HOV Smart Money Report TIF unusual options activity