2014-04-07 Smart Money Report (ALL) (WAG)
Posted on April 7th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2014-04-07 Smart Money Report (ALL) (WAG)
Smart Money Report
- ALL- The May $55 straddle was put on 5,000 times for a $2.87 credit. Volume was above the open interest in both options. Earnings are due out on 5/6. He/she is looking for shares of Allstate to remain around $55 through May options expiration.
- APC- A rollout from 7,119 May $77.50 calls (credit) into 7,119 Aug. $97.50 calls (debit). Volume was above the open interest in the Aug. $97.50 calls. Earnings are due out on 5/5.
- CMCSA- A rollout from 4,050 Apr. $50 puts (debit) into 7k May $47 puts (credit). Volume was above the open interest in the May $47 puts. Earnings are due out on 4/22.
- EXC- The May/July $34 put calendar was put on 10k times for a $0.55 debit. Volume was above the open interest in both options. Earnings are due out on 4/30. They bought the sold the Exelon May $34 puts and bought the July $34 puts.
- WAG- 10,309 Apr. 25 weekly $63 puts were bought for $0.59 each, against open interest of 47 contracts. This was tied to a stock purchase of 289k shares for $65.08.
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