Smart Money Report

1. M- Macy’s is set to announce Q3 earnings before the bell tomorrow morning. Analysts are looking for $0.39 in EPS and revenue of $6.2 billion. The options market is implying a $1.96 move, or 4.21%, in either direction through Friday’s close. Call to put ratio in (M) options is currently 1.19.
2. SINA- SINA will report Q3 earnings after the bell tonight. Analysts are looking for $0.32 in EPS and revenue of $179 million. Options traders are pricing in a $6.05 move, or 8.02%, in either direction through Friday’s close. The call to put ratio in (SINA) options is 2.07, led by a buyer of 1,500 Nov. $80 calls for $1.46 and seller of 1,500 Nov. $70 puts for $0.80 each.
3. APC- 10k Jan. 2014 $105 calls were bought for $0.55 each, against open interest of 28,703 contracts.
4. LUV- 5,000 Nov. $16 calls were purchased for $0.50 each, against open interest of 898 contracts.
5. SPY-  Shares of the S&P 500 SPDRs ETF are down 0.37% today, but continue to consolidate in the $174-$177.50 range. The put to call ratio in (SPY) options is 1.60, led by activity in the Nov. $176 puts.

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APC LUV M SINA Smart Money Report SPY unusual options activity