Smart Money Report

1. ARO- Aeropostale will report Q2 earnings after the bell tonight. Analysts are looking for -$0.23 in EPS and revenue of $454 million. The options market is implying a $1.55 move, or 14.03%, in either direction through September options expiration. Put to call ratio in the Sep. options is in favor of the bears at 5.64.
2. P- Another big Q2 earnings release due out tonight will come from Pandora Media. Analysts are looking for $0.02 in EPS and revenue of $156 million. Options traders are pricing in a $3.50 move, or 16.34%, in either direction through Sep. options expiration. The call to put ratio in the Sep. options is currently 1.13.
3. ATVI- Roughly 2k Feb. 2014 $19 calls were bought for $0.71-$0.74 each, against open interest of 587 contracts. Activision Blizzard shares are up 1.27% today.
4. MDLZ- 2,351 Aug. 30 weekly options were purchased for $0.39-$0.44 each, against no previous open interest. Shares of Mondelez International are higher by 1.75% in today’s session.
5. AAPL- Apple shares are under the $500 level for the first time this week, currently lower by 0.67%. The call to put ratio in the Aug. 23 weekly options is 1.75, led by activity in the $505 and $510 calls.

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AAPL ARO ATVI MDLZ P Smart Money Report unusual options activity