AXP
2015-07-27 Options Report (AXP) (BLL)
Options Report
You need to be logged in to see this part of the content. Please Login to access.
2015-07-27 Unusual Options Activity (CAT) (TWTR)
Unusual Options Activity
American Express (AXP)- There was a rollout from 3,260 July 31 $76 puts ($1.64 credit) into 3,260 July 31 weekly $74 puts ($0.55 debit). On July 22nd, they reported a 4% drop in Q2 revenue (worse than expected). The strong dollar is partially responsible for the weakness.
Ball Corp (BLL)- 2,428 Feb 2016 $72.50 calls were purchased for $2.60 and 2,428 Sep $62.50 puts were sold for $0.90-$0.95. Over 12,000 remain in open interest in the Feb $72.50 calls from buying in recent months. They are trying to acquire Rexam (would combine the two largest can makers in the world), but there are still regulatory hurdles to overcome. Earnings are due out on July 30th.
Caterpillar (CAT)- There was a rollout from 4,000 Aug 21 $76 puts ($2.00 credit) into 6,000 Sep 18 $70 puts ($0.81 credit). On July 23rd, … Read More »
2015-03-10 Options Report (ACM) (APD)
Options Report
(This Options Report is an example of what will be included in my ORM Equity/Option Trader Subscription Service for $9.99 per month)
Email me at Mitchell@OptionsRiskManagement.com or tweet me @MitchellKWarren on StockTwits/Twitter if you’d like for me to notify you when it is available or if you have any other questions.
Open Interest Updates From The Previous Trading Days Action
Bank of New York Mellon (BK)- Mar 20 $40 call open interest went from 13,063 to 17,027 contracts (more buying yesterday).
Continental Resources (CLR)- Apr $40 put open interest went from 1,451 to 3,825 contracts (buying yesterday).
Louisana-Pacific (LPX)- May $16 put open interest went from 3,433 to 5,578 contracts (more buying as part of a rollout).
Macerich (MAC)- Apr $95 call open interest went from 4,958 to 11,374 contracts and Apr $105 call open interest went from 2,642 … Read More »
2013-09-10 Free Trade of the Day (CAT)
Free Trade of the Day
Caterpillar (CAT)
Notes: If Caterpillar (CAT) shares close lower tomorrow, consider the options trade idea below.
Caterpillar (CAT) Options Trade Idea
Buy the (CAT) Oct. $80/$82.50/$85 Put Butterfly for a $0.45 debit or better
(Buy 1 Oct. $80 Put, sell 2 Oct. $82.50 Puts, and buy 1 Oct. $85 Put, all in one trade)
Stop loss- None
Upside target- $1.50
Updates: American Express (AXP) shares gapped above the resistance level we highlighted yesterday, so the options trade idea was scratched.
Free offer: Sign up for a free account and have the “Free Trade of the Day’ and the “Smart Money Report” delivered straight to your inbox daily.
Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the … Read More »
2013-09-09 Free Trade of the Day (AXP)
Free Trade of the Day
American Express (AXP)
Notes: American Express (AXP) is set to announce Q3 earnings on Monday, October 14th.
American Express (AXP) Options Trade Idea
Buy the (AXP) Oct. $67.50/$70/$72.50 Put Butterfly for a $0.35 debit or better
(Buying 1 Oct. $72.50 Put, selling 2 Oct. $70 Puts, and buying 1 Oct. $67.50 Put, all in one trade)
Stop loss- None
Upside target- $1.00
Updates: The iPath S&P 500 VIX Short-Term Futures ETN (VXX) fell 3.72% today, breaking Friday’s short-term support level.
Free offer: Sign up for a free account and have the “Free Trade of the Day’ and the “Smart Money Report” delivered straight to your inbox daily.
Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like … Read More »
