2014-12-10 Smart Money Report (DOV) (SM)

Posted on December 10th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2014-12-10 Smart Money Report (DOV) (SM)

Smart Money Report

BUD- 10,000 Mar 2015 $130 calls were purchased for $0.80 each, against open interest of 93 contracts. This was tied to 110,000 shares. On average, only 908 calls trade per day in Anheuser-Busch InBev SA. The stock remains in a steady long-term uptrend and in a sector with big M&A deals rumored.
CVA- 16,534 June 2015 $25 calls were bought for $0.85 each, against open interest of 504 contracts. This was tied to 1.65M shares. Total open interest in Covanta Holdings is just 17,372 contracts.
DOV- A rollout from 1,750 Dec $75 puts (credit) into 2,500 Jan 2015 $70 puts (debit). Volume was above the open interest in the Jan 2015 $70 puts. Dover shares are nearing a retest of the October 15th low of $69.66. On December 9th, Deutsche Bank downgraded the stock to sell from hold with a … Read More »

Wordpress SEO Plugin by SEOPressor