2014-03-05 Smart Money Report (BYD) (SPLS)
Posted on March 5th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2014-03-05 Smart Money Report (BYD) (SPLS)
Smart Money Report
- BYD- Boyd Gaming will report Q4 earnings after the bell tonight. Analysts are looking for -$0.25 in EPS and revenue of $688 million. The options market is implying a $1.50 move, or 13.08%, in either direction through Mar. options expiration. Call to put ratio in (BYD) options is currently 2.64, led by a buyer of over 1,200 June 2014 $14 calls for $1.15 each. The stock has moved higher after reporting earnings on three out of the previous four reports.
- SPLS- Staples is set to announce Q4 earnings before the bell tonight. Analysts are looking for $0.39 in EPS and revenue of $6.0 billion. Option traders are pricing in a $1.25 move, or 9.21%, in either direction through Mar. options expiration. The put to call ratio in (SPLS) options is 7.80, led by sizable buying in the Mar. 2014 $12 and $13 puts. The stock has moved lower after reporting earnings on three out of the previous four reports.
- ARO- Roughly 2,800 Mar. $8 calls were bought for $0.35 each, against open interest of 4,434 contracts. Earnings are due out on 3/13.
- CROX- 3,000 Jan. 2016 $17 calls were bought for $2.70 each, against open interest of 105 contracts.
- WWE- Over 5k Apr. $30 calls were purchased for $1.20-$1.33 each this morning, against open interest of 3,765 contracts.
- FB- Facebook shares are continue climb higher after testing the middle Bollinger Band (20-day SMA) on Monday, rising 4.03% today. The call to put ratio in (FB) options is 1.80, led by a buyer of roughly 5k May 2014 $77.50 calls for $3.75 each.
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