Smart Money Report

1. AA- Alcoa will report Q3 earnings after the bell tonight. Analysts are looking for $0.06 in EPS and revenue of $5.7 billion. The options market is implying a $0.31 move, or 3.92%, in either direction through Friday. Call to put ratio in (AA) options is slightly in favor of the bulls at 1.29.
2. YUM- Yum! Brands will also be releasing Q3 earnings after the bell. Analysts are looking for $0.93 in EPS and revenue of $3.5 billion. Options traders are pricing in a $3.30 move, or 4.61%, in either direction through Friday. The put to call ratio in (YUM) options is currently 1.40.
3. PNK- Over 4k Dec. $25 puts were bought for up to $1.80 each, against open interest of 46 contracts. Shares of Pinnacle Entertainment are down 3.39% today.
4. AAPL- Apple shares are giving back yesterday’s gains, losing 1.02% today. The call to put ratio in the Oct. 11 weekly options is 1.55, led by activity in the $490 calls.

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AA AAPL PNK Smart Money Report unusual options activity YUM