2014-11-21 Smart Money Report (APC) (GME)
Smart Money Report
APC- The May 2015 $110/$125 call spread was put on another 3,000 times for a $2.00 debit. Volume was below the open interest in both options. On Wednesday, there were about 10,000 Jan 17 2015 $95 calls purchased for $2.55 each. Shares of Anadarko-Petroleum remain in the $87.50-$95 range.
GLW- 10,000 Jan 2017 $25 calls were bought for $1.85 each, against open interest of 28 contracts. The call to put ratio in Corning is nearly 10:1. This call buyer is making a long-term bet on the stock hitting levels not seen since prior to the recession.
GME- A rollout from 16,200 Jan 17 2015 $37 puts (credit) into 16,200 Jan 17 $33 puts (debit). Volume was above the open interest in the Jan 17 $33 puts. Last night, GameStop missed Q3 EPS and revenue estimates (comps -2.3%). They also issued … Read More »
2014-11-21 Unusual Options Activity (OC) (UBNT)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight call buying in Owens Corning (OC) and put selling in Ubiquiti Networks (UBNT).
You need to be logged in to see this part of the content. Please Login to access.
2014-05-23 Smart Money Report (NMM) (UBNT)
Smart Money Report
DXJ- 10,000 Nov. $50 calls were purchased for $1.21 each, against open interest of 937 contracts. There was a large buyer of 5,418 Nov. $48 calls yesterday for $1.69 each. The Japanese Hedged Equity ETF is breaking out above the $47 resistance level today.
NMM- 3,500 Dec. $17.50 puts were purchased for $1.35-$1.40 each, against open interest of 99 contracts. The put to call ratio is 92:1. Put activity is 59x the average daily volume. The stock trades at a P/E ratio of 22.93x (2015 estimates), PEG ratio of 1.20x (2015 estimates), 5.2% revenue growth (19.3% this year), and has an average analyst price target of $19.63. The long-term uptrend on the weekly chart remains intact. This is likely a hedge against a long stock position given the fundamental and technical support behind shares of Navios Maritime Partners.
SWK- 2,200 … Read More »