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

Monday

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

BBBY- Bed Bath & Beyond will report Q3 earnings after the bell tonight. Analysts are looking for $1.15 in EPS and revenue of $2.9 billion. The options market is implying a $4.66 move, or 5.86%, in either direction through January 2014 options expiration. Call to put ratio in (BBBY) options is 1.37, led by activity in the Jan. $80 calls.
FDO- Family Dollar Stores is set to announce Q1 earnings before the bell tomorrow morning. Analysts are looking for $0.69 in EPS and revenue of $2.5 billion. Option traders are pricing in a $3.25 move, or 4.92%, in either direction through Friday’s close. The call to put ratio in (FDO) options is 1.26, led by a buyer of roughly 500 Jan. 10 weekly $66.50 calls for $1.10-$1.25 each.
IRM- A rollout from 7,041 Jan. $27.50 calls (credit) into 7,041 Apr. … Read More »

 Unusual Options Activity

In today’s Unusual Options Activity Report we highlight a call rollout in Iron Mountain (IRM) and a large call spread trade in Western Digital (WDC).

You need to be logged in to see this part of the content. Please Login to access.