2015-04-28 Unusual Options Activity (CCE) (PEP)

Posted on April 28th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2015-04-28 Unusual Options Activity (CCE) (PEP)

Unusual Options Activity

  1. AMC Entertainment (AMC)- Nearly 1,500 June $35 calls were bought for $0.55, against open interest of 1,583 contracts. Earnings are due out tomorrow night. They’ve only reported 5 times, but on each occasion the stock went up.
  2. Coca-Cola Enterprises (CCE)- 20,500 Jan 2016 $49 calls were purchased for $2.00, against open interest of 63,363 contracts. This was tied to 717,500 shares. 50,000 were purchased yesterday (also tied to stock). On average, just 1,759 calls trade per day.
  3. Emerald Oil (EOX)- 4,000 July $1 puts were purchased for $0.48-$0.55. Earnings are due out on May 4th (dropped on 5 out of the last 7 reports). If they are still around by then, analysts don’t see the company posting a profit until 2017.
  4. Coca-Cola (KO)- Another 7,500 June 19 $39 puts were sold for $0.33-$0.34, against open interest of 11,809 contracts. There was large selling (new positions) in these yesterday. Last week, there was sizable buying (roughly 25,000x)in the July $44 calls. Deutsche Bank recently reiterated their buy rating and a $45 price target.
  5. PepsiCo (PEP)- The Jan 2016 $95/$105 bull call spread was put on 2,500 times for a $2.90 debit. Volume was below the open interest in the Jan 2016 $105 calls. The stock is down for the 4th consecutive trading day, but is now testing support at the 200-day SMA (bounced there last month).
Options Reports (20-40+ large trades per day, open interest updates, and a list of notable activity I’m monitoring) are included in my ORM Equity/Option Trader Subscription Service for $9.99 per month (available now!).
1 On 1 Options Mentoring: Learn more about my 1 on 1 equity/options mentoring courses that help can you improve your trading odds and risk management skills (courses start as low as $55!).

Comments are closed.

Wordpress SEO Plugin by SEOPressor