Smart Money Report

1. ELY- 1,000 May $11 calls were bought for $0.33 each, against no previous open interest. Earnings are due out on 4/23.Typically trades 157 calls per day.
2. GOGO- 3,500 Aug. $20 calls were purchased for $3.80 each, against open interest of 643 contracts. The call to put ratio was 9:1.
3. ORCL- 7k May $41 puts were bought for $1.00-$1.05 each, against open interest of 913 contracts. There was buying in the May $40 puts too. Put activity was over 2x the average daily volume.
4. QCOM- 8,262 June $85 calls were bought for $0.73 each, against open interest of 4,040 contracts. Earnings are due out on 4/23. QUALCOMM shares hit a new high today.
5. S- Roughly 15k Apr. $10 calls were purchased for $0.25 each, against open interest of 50,778 contracts. Earnings are due out on 4/29. The call to put ratio was nearly 9:1.

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ELY GOGO ORCL QCOM S Smart Money Report unusual options activity