CONN
2015-07-09 Options Report (CONN) (LB)
Options Report
You need to be logged in to see this part of the content. Please Login to access.
2015-07-09 Unusual Options Activity (SNDK) (SVU)
Unusual Options Activity
Conn’s (CONN)- The 1×2 Aug $45/$50 ratio call spread was put on 5,000 times for a $0.45 debit. They are still in recovery mode. They reported June sales were up 11.9% today and named a new CFO.
Limited Brands (LB)- 2,000 Aug $80.50 puts were sold for $1.35-$1.39. They reported June sales rose 3% this morning (Victoria’s Secret only +1%). After the results Mizuho reiterated their buy rating on the stock.
SanDisk (SNDK)- 6,922 July 24 weekly $50 puts were bought for $0.89. Earnings are due out on July 22nd (shares have dropped after earnings on 4 consecutive reports). Samsung and AMD’s weak Q2 outlook are concerning for the company’s near-term earnings.
SUPERVALU (SVU)- Over 5,000 Aug $8 calls were purchased for $0.37-$0.45. Call activity was 7x the average daily volume. Earnings are due out on July 28th.
Swift Transportation (SWFT)- 25,500 … Read More »
2015-04-15 Unusual Options Activity (CONN) (SONS)
Unusual Options Activity
Conn’s (CONN)- The July $40/$45 bull call spread was put on 2,500 times for a $1.25 debit. On March 27th, Piper Jaffray upgraded the stock to overweight from neutral and on April 3rd, B. Riley kept their buy rating and a $52 price target.
DICK’S Sporting Goods (DKS)- The Jan 2016 $52.50/$60 bull risk reversal was put on 4,600 times for a $0.73 debit. Yesterday, the company forecast that sales would hit $9B annually by 2017. The stock is coming in for a retest of the 50-day EMA.
Freeport McMoRan (FCX)- 7,500 Aug $16 puts were purchased for $0.65, against open interest of 4,176 contracts. The May 15 $15 and Jan 2016 $20 puts have saw big buying recently (unlocked Options Report from March 16th). Earnings are due out on April 23rd.
Market Vectors Gold Miners ETF (GDX)- 10,000 May 1 … Read More »
2013-12-04 Smart Money Report (ARO) (CONN)
Smart Money Report
ARO- Aeropostale is set to announce Q3 earnings after the bell tonight. Analysts are looking for -$0.24 in EPS and revenue of $520 million. Options traders are pricing in a $1.55 move, or 16.51%, in either direction through December options expiration. The put to call ratio in (ARO) options is 10.13, led by a buyer of 3,120 Dec. $9 puts for $0.57 each.
CONN- Conn’s will release Q3 results in the morning before the bell. Analysts are looking for $0.64 in EPS and revenue of $291 million. The options market is implying a $9.50 move, or 16.14%, in either direction through December options expiration. Call to put ratio in (CONN) options is currently 2.26.
MOS- A likely roll out from 7,500 Dec. $47.50 calls (credit) into 7,500 Jan. 2014 $50 calls (debit). Volume was below the open interest in both … Read More »
2013-09-04 Smart Money Report (AAPL) (CONN)
Smart Money Report
CONN- Conn’s will report Q2 earnings before the bell tomorrow morning. Analysts are looking for $0.60 in EPS and revenue of $260 million. Options traders are pricing in a $7.45 move, or 11%, in either direction through September options expiration. The put to call ratio in the Sep. options is currently 1.59.
F- There has been sizable call buying in the Sep. 6 weekly $17 calls led by large buying for $0.08-$0.09. Volume was above the open interest of 11,188 contracts. Ford shares are up 3.96% today.
OPK- The Jan. 2014 $7/$10 bull risk reversal was put on 10k times for a $0.25 debit. Volume was above the open interest in both options. Shares of Opko Health are down by 3.54%
AAPL- Apple shares are hovering around the $500 level, higher by 2.19% in today’s session. The call to put ratio … Read More »
