2014-02-13 Smart Money Report (AIG) (CLF)
Posted on February 13th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2014-02-13 Smart Money Report (AIG) (CLF)
Unusual Options Activity
- AIG- American International Group will report Q4 earnings after the bell tonight. Analysts are looking for $0.96 in EPS and revenue of $8.6 billion. The options market is implying a $1.79 move, or 3.64%, in either direction through Friday’s close. Call to put ratio in (AIG) options is currently 1.71, led by a buyer of 2k Feb. 28 weekly $50 calls for $0.73-$0.75 each.
- CLF- Another major earnings release due out tonight will come from Cliffs Natural Resources. Analysts are looking for $0.82 in EPS and revenue of $1.5 billion. Option traders are pricing in a $1.55 move, or 7.10%, in either direction through Friday’s close. The put to call ratio in (CLF) options is 1.33, led by a buyer of Feb. 14 weekly $21.50 puts for $0.59 each.
- CBL- 6,300 Mar. $17.50 calls were bought for $0.52-$0.53 each, against open interest of 371 contracts.
- GT- A rollout from 3,497 Feb. $26 calls (credit) into 3,497 Apr. $28 calls (debit). Volume was above the open interest in the Apr. $28 calls.
- KRE- 5,884 June $40 calls were bought for $0.90 each, against open interest of 892 contracts.
- AAPL- Apple shares are up 9 out of the last 10 trading sessions, rising 1.39% today. The call to put ratio in (AAPL) options is below average at 1.24.
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