FCX
2015-08-12 Options Report (FCX) (LRCX)
Options Report
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2015-07-08 Options Report (FCX) (MGM)
Options Report
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2015-07-08 Unusual Options Activity (ROK) (RPTP)
Unusual Options Activity
Freeport McMoRan (FCX)- 30,000+ Aug 21 $14 puts were bought for $0.34-$0.38. Earnings are due out on July 23rd (shares have dropped after earnings on 4 straight reports).
MGM Resorts International (MGM)- There was a rollout from 2,000 July 17 $18 puts ($0.75 credit) into 4,000 Aug 21 $17 puts ($0.85 debit). Shares are trading just above support at the $17.25-$17.50 level.
Rockwell Automation (ROK)- There was a rollout from 1,140 July $125 puts ($4.50 credit) into 1,140 Aug $125 puts ($7.60 debit). Also, there was sizable buying in the Aug $120 puts. Q3 earnings are due out on July 29th. The stock broke below the 50-day EMA today.
Raptor Pharmaceuticals (RPTP)- 3,500 Aug $14 calls were bought for $1.20. They have Phase 2 data results due in Q3 or Q4 of this year.
United Rentals (URI)- There was a rollout from … 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 »
2015-03-10 Options Report (ACM) (APD)
Options Report
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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 »
2014-07-22 Smart Money Report (AAPL) (FCX)
AAPL- Apple will release Q3 earnings after the bell tonight. Analysts are looking for $1.23 in EPS, revenue 0f $37.98B, and iPhone sales of 35.9M. The options market is implying a $4.38 move, or 4.64%, in either direction through Friday’s close. The call to put ratio is currently 2.02. The whisper number for tonight is for a $0.10 beat on EPS according to earningswhispers.com. The stock has dropped after earnings on five out of the last seven reports. View recent Apple options activity in Smart Money Reports from the last two months.
FCX- Freeport McMoRan Copper & Gold will release Q2 earnings before the bell tomorrow morning. Analysts are looking for $0.53 in EPS and revenue of $5.2B. The options market is implying a $0.96 move, or 2.46%, in either direction through Friday’s close. The call to put ratio is currently … Read More »
2014-07-07 Smart Money Report (INTC) (POT)
Smart Money Report
FCX- Roughly 5,500 Sep. $39 calls have traded today with the majority being bought for $1.33-$1.39 each, against open interest of 2,723 contracts. Earnings are due out on 7/23. My article from 7/3 on Freeport-McMoRan Copper & Gold for TraderPlanet.
GILD- Large buying in the Aug. 16 $85 and $87.50 puts this morning. Volume was above the open interest in the Aug. 16 $87.50 puts. Earnings are due out on 7/23. Net put premium was +$1.7M vs. net call premium of +$24K in early trading.
HES- 5,000 Aug. $92.50 puts were sold for $0.67 each, against open interest of 767 contracts. Earnings are due out on 7/30. There has been continued bullish options activity in Hess recently via call buying and put selling.
INTC- Roughly 10,000 July 19 $32 calls were purchased for $0.19-$0.23 each, against open interest of 13,754 contracts. … Read More »
2014-07-07 Unusual Options Activity (FCX) (HES)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight call buying in Freeport-McMoRan Copper & Gold (FCX) and put selling in Hess (HES).
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Call Buyers Look For 3 Year Highs In Freeport
Call Buyers Look For 3 Year Highs In Freeport
My commentary on Freeport-McMoRan Copper & Gold (FCX) for TraderPlanet.com
2014-01-21 Smart Money Report (FCX) (TXN)
Smart Money Report
FCX- Freeport-McMoRan Copper & Gold will report Q4 earnings before the bell tomorrow morning. Analysts are looking for $0.81 in EPS and revenue of $6.4 billion. The options market is implying a $1.32 move, or 3.72%, in either direction through Friday’s close. Call to put ratio in (FCX) options is currently 1.03, led by activity in the Jan. 24 weekly $33.50 puts.
TXN- Texas Instruments is set to announce Q4 earnings after the bell tonight. Analysts are looking for $0.46 in EPS and revenue of $3.0 billion. Option traders are pricing in a $1.42 move, or 3.24%, in either direction through Friday’s close. The put to call ratio in (TXN) options is 1.54, led by a buyer of 5,500 Feb. $45 calls for $0.46 each.
BAC- The Aug. $15/$20 bear risk reversal was put on 20k times for a $0.12 … Read More »
2013-10-21 Smart Money Report (FCX) (NFLX)
Smart Money Report
FCX- Freeport McMoran Copper & Gold is set to announce Q3 earnings before the bell tomorrow morning. Analysts are looking for $0.61 in EPS and revenue of 5.7 billion. The options market is implying a $1.30 move, or 3.72%, in either direction through Friday’s close. Call to put ratio in (FCX) options is currently 1.97.
NFLX- Netflix will release Q3 results after the bell tonight. Analysts are looking for $0.49 in EPS and revenue of $1.1 billion. Options traders are pricing in a $45.80 move, or 13.09%, in either direction through Friday’s close. The call to put ratio in (NFLX) options is 1.29.
BHI- 10k Apr. 2014 $52.50 puts were sold for $2.43 each, against open interest of 32 contracts.
FB- 16,877 Nov. $65 calls were bought for $1.40 each, against open interest of 32,994 contracts.
HAS- A rollout from 13,205 Nov. $50 … Read More »
2013-10-05 Free Trade of the Day (MRO)
Free Trade of the Day
Marathon Oil (MRO)
Notes: Marathon Oil (MRO) is set to announce Q3 earnings on Monday, November 4th. On Friday, there was large buying in the Oct. $35 calls, led by a block of 2,000 for $0.60.
Marathon Oil (MRO) Options Trade Idea
Buy the (MRO) Oct. $35 Call for $0.55 or better
Stop loss- $0.25
Upside target- $2.00
Updates: General Motors (GM) shares rose 1.16% on Friday, confirming support at the 100-day simple moving average. While shares of Freeport McMoran Copper & Gold (FCX) pushed to a high for the week, adding 2.33% yesterday.
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Premium Subscription: Join now to gain access to the … Read More »
2013-10-03 Free Trade of the Day (GM)
Free Trade of the Day
General Motors (GM)
Notes: General Motors (GM) is set to announce Q3 earnings on Wednesday, October 30th.
Updates: Freeport McMoran Copper & Gold (FCX) shares fell 1.49% today, but remain above the $32.30 support level we highlighted last night.
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2013-10-02 Free Trade of the Day (FCX)
Free Trade of the Day
Freeport McMoran Copper & Gold (FCX)
Notes: Freeport McMoran Copper & Gold (FCX) is set to announce Q3 earnings on Tuesday, October 22nd.
Freeport McMoran Copper & Gold (FCX) Options Trade Idea
Buy the (FCX) Oct. $34 Call for $0.45 or better
Stop loss- None
Upside target- $1.00-$2.00
Updates: Diageo (DEO) shares gapped below the support level we highlighted last night, dropping 0.46%. Consider taking the options trade from last night, using a stop loss under $125.
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Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the one above … Read More »
