Smart Money Report

HFC- 4,691 May $44 puts were sold for $0.55 each, against open interest of 20 contracts. The stock briefly tested the $44 level this month before moving higher.
GILD- 2k Mar. 28 weekly $74 puts were bought for $1.66-$1.88 each, against open interest of 553 contracts. The other big trade in (GILD) was a buyer of 2k Aug. $75 calls for $6.05 each, making a longer-term bullish bet. There was a rollout from 20k May $80 puts (credit) into 20k May $70 puts (debit) yesterday.
SI- 1,400 May $125 puts were sold for $1.30-$1.40 each, against no previous open interest. (SI) trades at a P/E ratio of 14.54 (2014 estimates), 10.9% revenue growth, and a P/S ratio of 1.15x.
SWHC- Over 1,200 June $15 calls were bought for $0.50-$0.60 each, against open interest of 3,708 contracts. Open interest has been building … Read More »

 Unusual Options Activity

In today’s Unusual Options Activity Report we highlight put selling in Siemens (SI) and call buying in Smith & Wesson (SWHC).

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Smart Money Report

SWHC- Smith & Wesson will report Q1 earnings after the bell tonight. Analysts are looking for $0.36 in EPS and revenue of $165 million. The options market is implying a $1.15 move, or 10.23%, in either direction through September options expiration. Call to put ratio in the Sep. options is currently 1.78.
ZQK- One of the reports due out tonight will come from Quiksilver. Analysts are looking for $0.04 in EPS and revenue of $505 million. Options traders are pricing in a $0.75 move, or 14.51%, in either direction through Sep. options expiration. The put to call ratio in (ZQK) options is 3.30.
PLX- 2k Nov. $5 calls were bought for $0.60 each, against open interest of 2,239 contracts. Shares of Protalix BioTherapeutics are hovering around the $5.30 resistance level.
SPY- More than 7k Sep. 13 weekly $166 calls were bought for $1.32-$1.45 each … Read More »