2014-03-10 Smart Money Report (EJ) (EUO)

Posted on March 10th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2014-03-10 Smart Money Report (EJ) (EUO)


Smart Money Report

  1. EJ- E-House (China) Holdings is set to announce Q4 earnings before the bell tomorrow morning. Analysts are looking for $0.22 in EPS and revenue of $223 million. Option traders are pricing in a $2.55 move, or 16.49%, in either direction through Mar. options expiration. The call to put ratio in (EJ) options is currently 1.79, led by buying in the Apr. 2014 $19 calls. The stock has gapped higher on the previous three earnings reports.
  2. AKS- 10k June $6 puts were purchased for $0.66-$0.70 each, against open interest of 1,183 contracts. The middle Bollinger Band (20-day SMA) has acted as resistance over the past two months.
  3. DAN- The Mar/Apr $22 call calendar was put on 2,200 times for a $0.49 debit. Volume was above the open interest in both options. They sold the Mar. $22 calls and bought the Apr. $22 calls, all in one trade. They’re betting on $22 being a ceiling through Mar. options expiration, but see a sizable move above $22 by Apr. options expiration. (DAN) trades at a P/E ratio of 11.5x and has an average analyst price target of $24.00.
  4. EUO- 2,445 May $17 calls were purchased for $0.33 each, against open interest of 2,145 contracts. Only 450 calls trade per day on average in the UltraShort Euro Proshares ETF.
  5. TWTR- Twitter shares have also had selling pressure on recent tests of the middle Bollinger Band, down 0.07% today. The call to put ratio in (TWTR) options is 2.07, led by sizable call selling in the Mar. 14 weekly expiration.

Free Trial: If you would like to know more about premium content or you would like a free trial of our service, email me at Mitchell@OptionsRiskManagement.com .

Premium Subscription: Join now to gain access to the all of the stock watchlist updates, unusual options activity reports, earnings trade ideas, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription. Join me and the other ORM traders in the chat room today!

Comments are closed.

Wordpress SEO Plugin by SEOPressor