Smart Money Report
CCL- Carnival is set to announce Q1 earnings before the bell tomorrow morning. Analysts are looking for -$0.08 in EPS and revenue of $3.5 billion. The options market is implying a $2.60 move, or 6.49%, in either direction through Apr. options expiration. Call to put ratio in the (CCL) options is currently 3.60, led by buying in the Apr. $41 calls. The stock has moved higher after earnings on two out of the last three reports.
WAG- Another major earnings report due out tomorrow morning will come from Walgreen. Analysts are looking for $0.93 in EPS and revenue of $19.6 billion. Option traders are pricing in a $2.93 move, or 4.59%, in either direction through Friday’s close. The put to call ratio in (WAG) options is 1.43, led by a seller of 5k Jan. 2015 $70 calls for $3.35-$3.50. … Read More »