Smart Money Report

1. DAL- 3,000 Oct. $22 puts were sold for $0.83 each, against open interest of 337 contracts. He/she thinks Delta Air Lines shares will stay above the $22 level through October options expiration.
2. FB- Over 27k Sep. $44 puts have traded with the majority being bought on the offer, against open interest of 7,464 contracts. Shares of Facebook are down by 0.81%.
3. INTC- The Oct. $20/$22 put spread was put on 50k times for a $0.18 debit. Volume was below the open interest in both options. Check the open interest on Monday morning for confirmation of new buying.
4. AAPL- Apple shares are underperforming the overall market today, falling 1.55%. The call to put ratio in the September options is 1.84, led by activity in the $470, $475, and $480 calls.

Free offer: Sign up for a free account and have the “Free Trade of the Day’ and the “Smart Money Report” delivered straight to your inbox daily.

Premium Subscription: Join now to gain access to the all of the stock watchlist updates, unusual options activity reports (10-20+ big trades like these every day), earnings trade ideas, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription.

Check out all of the membership options here—–> https://optionsriskmanagement.com/register/

If you would like to know more about premium content or have any trading questions, email me at Mitchell@OptionsRiskManagement.com .

AAPL FB INTC MNST Smart Money Report unusual options activity