Smart Money Report

1. AMAT- 5,000 Jan. 2015 $21 calls were bought for $1.10-$1.12 each, against open interest of 5,245 contracts. Earnings are due out tomorrow. There has been large Jan. 2015 call buying in the last 2-3 months.
2. NBR- 3,000 Sep. $26 calls were bought for $1.95 each, against open interest of 902 contracts. This was tied to a sale of 162k shares for $26.08 each. There was large buying in the June $25 calls too.
3. NUS- 1,800 June $75 puts were purchased for $3.70 each, against open interest of 3,249 contracts. Implied volatility rose 9.7% to 44.10. Net call premium was -$25K vs. net put premium of +$584K. On a close below $75 in Nu Skin Enterprises, we’ll likely see a retest of the $68-$70 support level.
4. RMTI- A rollout from 3,095 May $11 puts (credit) into 3k June $9 puts (debit). Volume was above the open interest in the June $9 puts. He/she is betting/hedging on a break of the $9.37 April support level in Rockwell Medical shares.
5. AAPL- Apple shares are close to retesting the $600 resistance level, following last week’s bounce off of the $580 level. The stock trades at a P/E ratio of 12.45x (2015 estimates) with 10.9% EPS growth this year (8.4% in 2014), revenue growth of 6.2-6.4% annually over the next two years, and has an average analyst price target of $637.50. The call to put ratio is currently 1.52, led by a buyer of 400 Aug. $585 calls for $30.15 each. The net call premium was +$2.4M vs. net put premium of -$846K.

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AAPL AMAT NBR NUS RMTI Smart Money Report unusual options activity