GES
2015-03-16 Options Report (CME) (KO)
Options Report
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Open Interest Updates From The Previous Trading Days Action
ADT Corp. (ADT)- Mar $39 call open interest went from 5,073 to 6,823 contracts (more buying on Friday).
CABELA’s (CAB)- Mar $60 call open interest went from 1,288 to 6,842 contracts (buying on Friday).
ConocoPhillips (COP)- Apr 17 $65 call open interest went from 10,756 to 14,680 contracts (buying on Friday).
Golar LNG (GLNG)- Mar $35 call open interest went from 3,601 to 7,427 contracts (buying on Friday).
ChipMOS Technologies (IMOS)- June $25 call open interest went from 815 to 1,930 contracts (buying on Friday).
Plains All American Pipeline (PAA)- Aug $47.50 call open interest went from 9,316 to 12,316 contracts and Aug $47.50 put open interest went from 7,160 … Read More »
2014-08-28 Smart Money Report (FRO) (QIHU)
Smart Money Report
AMAT- 5,000 Apr 2015 $25 calls were purchased for $1.24-$1.25 each, against open interest of 76 contracts. Large open interest still remains in upside calls in the Jan 2015 options expiration.
CTL- 2,000 Jan 2016 $40 calls were bought for $3.50 each, against open interest of 5,824 contracts. This was tied to a sale of 110,000 shares.
FRO- 10,000 Jan 2015 $2 puts were purchased for $0.30 and 10,000 Jan 2015 $2 calls were sold for $0.45-$0.50 each. Volume was above the open interest in both options. This bear risk reversal (or collar) in Frontline is profitable below $2.20 on Jan 2015 options expiration.
GES- The Jan 2016 $20/$28 bull risk reversal was put on 2,000 times for a $0.65 debit. Volume was above the open interest in the Jan 2016 $28 calls. Guess? missed Q3 EPS, revenue estimates and lowered … Read More »
2014-08-28 Unusual Options Activity (AMAT) (GES)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight call buying in Applied Materials (AMAT) and a bull risk reversal in Guess? (GES).
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2014-08-14 Smart Money Report (A) (ALR)
Smart Money Report
A- 4,300 Sep $55 calls were purchased for $1.82 each, against open interest of 1,023 contracts. This was tied to a sale of 430,000 shares. Agilent Technologies earnings are due out tonight. The stock has dropped after earnings on 4 out of the last 7 reports.
ALR- A rollout from 2,250 Aug $40 puts (credit) into 2,700 Nov $38 puts (debit). Volume was above the open interest in the Nov $38 puts. Unlikely a hedge on Alere given how deep in-the-money the puts are.
CLNY- Another 1,990 Dec $22.50 calls were purchased for $0.60 each, against open interest of 3,062 contracts. There was large buying in these yesterday.
GES- The Jan 2016 $20/$30 bull risk reversal was put on 1,000 times for a $0.00 debit. Volume was below the open interest in both options. Earnings are due out on 8/27. The … Read More »
2014-05-21 Smart Money Report (GES) (SHLD)
Smart Money Report
SHLD- Sears is set to announce Q1 earnings before the bell tomorrow morning. Analysts are looking for -$1.77 in EPS and revenue of $7.7 billion. Option traders are pricing in a $5.75 move, or 15.73%, in either direction through June options expiration. The put to call ratio in (SHLD) options is currently 1.54, led by a seller of 3,000 July $32 puts for $1.75 each. There has sizable June call buying in recent weeks too. The stock has dropped after earnings on five out of the last six reports.
BBRY- 9k Sep. $7 puts were sold for $0.63 each, against open interest of 58,634 contracts. Earnings are due out on 6/19. The stock retested the $7 level in April and held as support.
CLF- A rollout from 17,820 July $18 puts (credit) into 25,034 Aug. $16 puts (debit). Volume was … Read More »
2013-08-28 Smart Money Report (GES) (WSM)
Smart Money Report
GES- Guess will report Q2 earnings after the bell tonight. Analysts are looking for $0.36 in EPS and revenue of $624 million. Options traders are pricing in a $3.10 move, or 11.19%, in either direction through September options expiration. The call to put ratio in the Sep. options is in favor of the bulls at 2.37.
WSM- Another retailer to release Q2 results tonight will be Willams-Sonoma. Analysts are looking for $0.47 in EPS and revenue of $939 million. The options market is implying a $4.25 move, or 7.13%, in either direction through Sep. options expiration. Call to put ratio in the Sep. options is currently 1.05.
M- 2,500 Nov. $46 calls were bought for $1.10-$1.11 each, against open interest of 699 contracts. Macy’s shares are up 1.93% today.
TOT- Roughly 2,300 Nov. $60 calls were purchased for $0.50-$0.55 each, against open … Read More »
