DRI
2014-12-18 Smart Money Report (BBRY) (COP)
Smart Money Report
BBRY- A rollout from 30,000 Dec 20 $10 puts (credit) into 30,000 Feb 2015 $10 puts (debit). Volume was above the open interest in the Feb 2015 $10 puts. Earnings are due out tomorrow morning. BlackBerry shares have moved higher after earnings on 4 out of the last 7 reports, which could be why they are rolling out the trade to February.
COP- A rollout from 15,000 Jan 17 2015 $67.50 calls (credit) into 30,000 Jan 17 2015 $70 calls (debit). Volume was above the open interest in the Jan 17 2015 $70 calls. Despite the weakness in oil prices today, ConocoPhillips is up over 2% and nearing a retest of the 50-day exponential moving average.
FEYE- The June 2015 $35/$45 call spread was put on 4,000 times for a $2.00 debit. Volume was above the open interest in both … Read More »
2014-09-15 Unusual Options Activity (BAC) (DRI)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight a bull risk reversal in Bank of America (BAC) and a call rollout in Darden Restaurants (DRI).
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2014-08-22 Smart Money Report (DRI) (EGN)
Smart Money Report
DRI- The Jan 2015 $43/$50 bull risk reversal was put on 3,500 times for a $0.15 debit. Volume was above the open interest in both options. Darden Restaurants has earnings due out on 9/12. Clarence Otis (CEO) will step down by the end of the year. Starboard Value (activist investor) is trying to replace the 12 person board (already have 3 seats on the board).
EGN- 2,000 Oct $80 calls were bought for $1.70 each, against open interest of 78 contracts. The call to put ratio is 173:1. Call activity is 29x the average daily volume. Energen trades at a P/E ratio of 24.40x (2015 estimates) with 14.7% EPS growth (-9% this year), 11.2% revenue growth (-12.3% this year), P/S ratio of 3.08x, P/B ratio of 1.91x, 0.79% dividend yield, and has an average analyst price target of $101.73. … Read More »
2014-03-20 Smart Money Report (DRI) (NKE)
Smart Money Report
DRI- Darden Restaurants is set to announce Q3 earnings before the bell tomorrow morning. Analysts are looking for $0.82 in EPS and revenue of $2.3 billion. The options market is implying a $1.80 move, or 3.64%, in either direction through Friday’s close. Call to put ratio in (DRI) options is currently 13.00:1, led by buying in the Apr. 2014 $52.50 calls. The stock has fallen after earnings on the three previous reports.
NKE- Nike will report Q3 earnings after the bell tonight. Analysts are looking for $0.72 in EPS and revenue of $6.7 billion. Option traders are pricing in a $3.32 move, or 4.22%, in either direction through Friday’s close. The call to put ratio in (NKE) options is 2.21:1, led by buying in the Mar. 2014 $80 calls. The stock has moved higher after earnings on … Read More »
2013-09-19 Smart Money Report (DRI) (SPY)
Smart Money Report
DRI- Darden Restaurants will report Q1 earnings before the bell tomorrow morning. Analysts are looking for $0.71 in EPS and revenue of $2.2 billion. Options traders are pricing in a $2.00 move, or 4.08%, in either direction through tomorrow. The call to put ratio in the September options is in favor of the bulls at 2.53.
SCHW- Over 7,300 Sep. 21 puts have traded today with the majority purchased in the $0.15-$0.20 range, against open interest of 3,929 contracts. Charles Schwab shares are down 1.22% today.
SPY- Over 8k Oct. 11 weekly $176 calls were purchased for $0.61-$0.63 each, against open interest of 410 contracts. Shares of the S&P 500 SPDRs (SPY) ETF are lower by 0.19% this afternoon.
AAPL- Apple shares are up 1.92% today, rising for the third session in a row. The call to put ratio in the September options … Read More »
2013-09-03 Smart Money Report (DG) (HRB)
Smart Money Report
DG- Dollar General will report Q2 earnings before the bell tomorrow morning. Analysts are looking for $0.74 in EPS and revenue of $4.4 billion. Options traders are pricing in a $3.70 move, or 6.90%, in either direction through September options expiration. The call to put ratio in the Sep. options is in favor of the bulls at 3.20.
HRB- One of the few earnings reports that will be released tonight will come from H&R Block. Analysts are looking for -$0.37 in EPS and revenue of $98.4 million. The options market is implying a $1.80 move, or 6.41%, in either direction through Sep. options expiration. (HRB) shares are down 11.62% since hitting an all-time high on August 1st.
DRI- Roughly 6k Oct. $45 puts were bought for $1.15-$1.35 each, against open interest of 6,602 contracts. Check the open interest in the … Read More »
2013-09-03 Unusual Options Activity (DRI) (LUV)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight a large put purchase in Darden Restaurants (DRI) and a large call buyer in Southwest Airlines (LUV).
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