2013-09-05 Smart Money Report (SWHC) (ZQK)
Posted on September 5th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2013-09-05 Smart Money Report (SWHC) (ZQK)
Smart Money Report
- SWHC- Smith & Wesson will report Q1 earnings after the bell tonight. Analysts are looking for $0.36 in EPS and revenue of $165 million. The options market is implying a $1.15 move, or 10.23%, in either direction through September options expiration. Call to put ratio in the Sep. options is currently 1.78.
- ZQK- One of the reports due out tonight will come from Quiksilver. Analysts are looking for $0.04 in EPS and revenue of $505 million. Options traders are pricing in a $0.75 move, or 14.51%, in either direction through Sep. options expiration. The put to call ratio in (ZQK) options is 3.30.
- PLX- 2k Nov. $5 calls were bought for $0.60 each, against open interest of 2,239 contracts. Shares of Protalix BioTherapeutics are hovering around the $5.30 resistance level.
- SPY- More than 7k Sep. 13 weekly $166 calls were bought for $1.32-$1.45 each this morning, against open interest of 13,792 contracts. Check the open interest in the morning for confirmation of new buying. If this is new activity, he/she is looking for a move above the $167 resistance level by the end of next week.
- AAPL- Apple shares are coming in for another test of the middle Bollinger Band, currently lower by 0.61%. The call to put ratio in the Sep. 6 weekly options is 1.78, led by activity in the $500 and $505 calls.
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