2013-09-24 Smart Money Report (AAPL) (AZO)
Posted on September 24th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2013-09-24 Smart Money Report (AAPL) (AZO)
Smart Money Report
- AZO- AutoZone is set to announce Q4 earnings before the bell tomorrow morning. Analysts are looking for $10.37 in EPS and revenue of $3.1 billion. Options traders are pricing in a $21.65 move, or 5.25%, in either direction through October options expiration. The put to call ratio is in favor of the bears at 1.11.
- INTC- Roughly 20k Oct. $25 calls were bought this morning for $0.13-$0.15 each, against open interest of 86,250 contracts. Check the open interest in the morning for confirmation of new buying.
- NWSA- 1,500 Nov. $17 calls were purchased for $0.65-$0.7o each, against open interest of 6 contracts. Shares of News Corp are up 2.84% on the day.
- AAPL- Apple shares have since given back gains from this morning and are now down by 0.19%. The call to put ratio in the Sep. 27 weekly options is 1.38, led by activity in the $495 and $500 calls.
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