HOV
2015-07-15 Unusual Options Activity (CNC) (NLNK)
Unusual Options Activity
Bank of America (BAC)- 6,000 Nov $18 calls were purchased for $0.69, against open interest of 140,402 contracts. Also, there was bullish flow into the Aug 21 $18 calls. Q2 results came in better than expected today (topping both the top and bottom Wall Street estimates).
Centene (CNC)- The Sep $67.50/$80 bull risk reversal was put on another 1,000 times for a $1.10. This was done 4,000 times earlier this month. They agreed to acquire Health Net for $6.8B in a cash and stock deal earlier this month.
Hovnanian Enterprises (HOV)- More than 4,000 Nov $2 puts were purchased for $0.15-$0.20. The long-term downtrend remains intact as EPS estimates for 2015 and 2016 continue to be revised lower nearly every month ($0.05 to -$0.11 for 2015 estimates in just 3 months).
Coca-Cola (KO)- There was a likely rollout from 10,016 Aug … Read More »
2013-08-26 Smart Money Report (TIF) (DB)
Smart Money Report
TIF- Tiffany will report Q2 earnings before the bell tomorrow morning. Analysts are looking for $0.74 in EPS and revenue of $941 million. Options traders are pricing in a $3.35 move, or 6.57%, in either direction through Friday. The call to put ratio in the Aug. 30 weekly options is currently 1.02.
CNQ- 5,000 Jan. 2015 $35 calls were bought for $2.15-$2.30 each, against open interest of 5,125 contracts. Check the open interest in the morning for confirmation of new buying.
DB- More than 5k Oct. $50 calls were purchased for up to $0.55 each, against open interest of 2,868 contracts. Deutsche Bank shares are down 0.40% today.
HOV- 5,000 Jan. 2015 $3 puts were bought for $0.40-$0.45 each, against open interest of 1,650 contracts. Shares of Hovnanian Enterprises have recovered from the early losses this morning and are now higher by … Read More »
2013-08-26-Unusual Options Activity (CNQ) (HOV)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight a long dated call purchase in Canadian Natural Resources (CNQ) and a large put buyer in Hovnanian Enterprises (HOV).
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2013-08-14-Smart Money Report (CSCO) (NTAP)
Smart Money Report
CSCO- Cisco Systems will report Q4 earnings after the bell tonight. Analysts are looking for $0.51 in EPS and revenue of $12.4 billion. Options traders are pricing in a $1.68 move, or 6.43%, in either direction. The call to put ratio in the Aug. options is in favor of the bulls at 2.28.
NTAP- Another large tech name to report tonight is NetApp. Analysts are looking for $0.49 in EPS and revenue of $1.5 billion. The options market is implying a $1.98 move, or 4.69%, in either direction. Put to call ratio in the Aug. options is 1.09.
HOV- 2,400 Sep. $6 calls were bought for $0.15 each, against open interest of 2,200 contracts. Hovnanian Enterprises are near the lows of the day, but remain higher by 0.58%.
PPC- Over 7,500 Dec. $15 calls were purchased for $3.30-$4.80 each, against open interest of 455 … Read More »
2013-08-14-Unusual Options Activity (HOV) (PPC)
Unusual Options Activity
Today’s Unusual Options Activity Report features an out-of-the-money call buy in Hovnanian Enterprises (HOV) and a large in-the-money call purchase in Pilgrim Pride (PPC).
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