Smart Money Report
BBG- 4,000 Aug. $25 puts were bought for $0.95 each, against open interest of 62 contracts. Earnings are due out on 7/31. Typically trades 218 put per day. Prior to this trade total put open interest in Bill Barrett was 7,008 contracts vs. total call open interest of 3,055 contracts.
GSAT- 5,000 Oct. $2.50 puts were sold for $0.30 each, against open interest of 216 contracts. Typically trades 83 puts per day. The uptrend on the daily an weekly charts remains intact. Globalstar is expected to narrow EPS losses from -$0.38 this year to -$0.14 in 2015. Revenue is expected to grow 20.1% next year. On 2/3, Chardan Capital reiterated a buy rating with a $6 price target.
INVN- 2,500 Aug. $27 calls were purchased for $0.80 each, against open interest of 129 contracts. Earnings are due out on 7/29. … Read More »
Trade Unusual Options Activity In Bill Barrett (BBG)
My commentary on Bill Barrett for TraderPlanet
Smart Money Report
AOL- AOL will report Q4 earnings before the bell tomorrow morning. Analysts are looking for $0.48 in EPS and revenue of $655 million. The options market is implying a $5.70 move, or 11.88%, in either direction through February options expiration. Call to put ratio in (AOL) options is currently 1.99. In recent months, call activity has been largely bullish led by heavy buying in the Apr. 2014 and July 2014 upside calls.
TWTR- Twitter is set to announce Q4 earnings after the bell tonight. Analysts are looking for -$0.02 in EPS and revenue of $217 million. Option traders are pricing in a $10.00 move, or 15.06%, in either direction through Friday’s close. The call to put ratio in (TWTR) options is 1.70.
AMBC- 4,878 Jan. 2015 $30 calls were bought for $1.85 each, against open interest of 822 contracts. Earnings are … Read More »
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight put selling in Bill Barrett (BBG) and a bull risk reversal in Hartford Financial Services (HIG).
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