2016-12-28 Unusual Options Activity Report: TSO, AMD, DAL, & More | Unusual Options Activity Report: TSO, AMD, DAL, & More
Unusual Options Activity Report: TSO, AMD, DAL, & More
It’s time to review several stocks that had unusual options activity over the last week. Although traders can never be sure why these trades take place (and who’s making them), I believe it’s important to be aware of notable options activity as an indicator for directional bias.
Here’s a weekly recap of 10 stocks that had unusual options activity and what, if any, significance these trades may have.
Unusual Options Activity: 10 Stocks With Notable Trades
BioCryst Pharmaceuticals (NASDAQ:BCRX) – 5,000 Mar 17 2017 $10 calls were bought for $2.00. The $472M biotech company is expected to have Phase 2 data results on BCX7353 – APeX-1 (used to reduce or eliminate attacks in HAE patients) due out in the first quarter of 2017. On December 16th, JMP Securities upgraded the stock to outperform with a $10 price target.
Grupo Televisa (NYSE:TV) – Roughly … Read More »
Smart Money Report
GDP- A rollout from 7,500 Apr. $17.50 calls (credit) into 7,500 May $17.50 calls (debit). Volume was above the open interest in the May $17.50 calls.
LLY- 1,586 June $60 calls were bought for $1.42 each, against open interest of 529 contracts. Earnings are due out on 4/24. There was also a buyer of 2,500 July $55 puts for $1.51, but it was below the open interest of 2,954 contracts.
NYCB- 2,400 Apr. $16 puts were purchased for $0.39-$0.43 each early this morning, against open interest of 521 contracts. Earnings aren’t due out until 4/23.
VNDA- 1,508 May $18 calls were bought for $1.50 each, against open interest of 5 contracts.
YHOO- The June $40/$45 call spread was put on 15k times for a $1.20 debit. Volume was above the open interest in both options. Earnings are due out on 4/15.
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