2016-12-12 Unusual Options Activity (TTMI) (LOW)
Unusual Options Activity
1.TTM Technologies (TTMI)- 5,000 June 2017 $17.50 calls were bought for $0.65 vs total call open interest of just 1,663 contracts (implied volatility +11.3% to 46.99). On average, 65 calls trade per day in the $1.4B semiconductor company.
2.Ocean RIG UDW (ORIG)- 5,000 Dec $2 puts were bought for $0.15 with put activity 30 times the average daily volume. Earnings are due out on December 14th (shares dropped on the last 2 reports).
3. ILG, Inc. (ILG)- There was a rollout from 10,000 Mar 2017 $17 puts ($0.33-$0.36 debit) into 10,000 Jan 2019 $17 puts ($1.58-$1.61 credit). This trader is making a long-term bet that the leisure and travel company will remain above $17 by January 2019 options expiration.
4. Hain Celestial (HAIN)- There was a rollout from 3,000 Dec $40 calls ($0.45-$0.46 credit) into 3,000 Jan 2017 $42.50 calls ($0.80 … Read More »
2015-03-11 Options Report (C) (COP)
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Open Interest Updates From The Previous Trading Days Action
AECOM (ACM)- June $27.50 put open interest went from 3,632 to 8,398 contracts (more buying yesterday).
Air Products & Chemicals (APD)- Apr $140 put open interest went from 2,077 to 4,280 contracts (selling as part of a bull risk reversal yesterday).
Atmel (ATML)- Apr $9 call open interest went from 3,309 to 5,246 contracts (buying yesterday).
Bank of New York Mellon (BK)- Mar 20 $40 call open interest went from 17,027 to 18,663 contracts (more buying).
Anheuser Busch Inbev SA … Read More »
2014-11-12 Smart Money Report (BBRY) (FTNT)
Smart Money Report
BBRY- 10,000 Jan 2015 $11 calls were bought for $1.11 each, against open interest of 20,427 contracts. This was tied to a sale of 550,000 BlackBerry shares for $11.14. The call to put ratio is 5:1. Shares of (BBRY) are trying to breakout above the $11.00-$11.50 resistance level.
FTNT- The Nov $27/$29 call spread was closed out 15,000 times for a $0.50 credit. This trade in Fortinet was put on for a $0.48-$0.50 debit on October 21st. (FTNT) shares are at a new 52-week high today.
JD- The Jan 2015 $25/$29 bull risk reversal was put on 4,000 times for a $0.40 debit. Volume was above the open interest in both options. JD.com Q3 earnings are due out on November 17th.
SFM- A rollout from 5,000 Nov $30 calls (credit) into 5,000 Dec $30 calls (debit). Volume was above the open … Read More »
2014-10-16 Unusual Options Activity (RSX) (XLNX)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight call buying in the Russia Equity ETF (RSX) and a call rollout in Xilinx (XLNX).
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4/23 Earnings Previews (ANGI) (INFN)
ANGI Earnings Preview- Large buying in the May $12.50 and $15 calls with the call to put ratio over 4:1. The stock has moved lower on the last three reports, but higher on the three reports before then. The stock is finding support at the $12 level just as it did in November/December. (ANGI) is expected to turn profitable in 2015 and currently has revenue growth of 32%. The average analyst price target is $20. The options market is pricing in a $2.25 through May options expiration. (ANGI) bullish options trade idea: Buy the May $12.50/$15 call spread for $1.00 debit or better.
INFN Earnings Preview- Sizable buying in the May $9 calls over the last week and roughly 2k bought for $0.49-$0.50 each today. The call to put ratio is 10:1 and call activity was 2x the average daily … Read More »