Options Report

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

Unusual Options Activity

American International Group (AIG)- A likely rollout from 42,985 Jan 2016 $60 calls ($1.80 credit) into 42,985 Jan 2017 $60 calls ($4.50 debit). Call activity was over 7x the average daily volume. The insurer trades at a P/E ratio of 11.26x (2015 estimates), price to sales ratio of 1.19x, and a price to book ratio of 0.71x.
ARM Holdings (ARMH)- Over 2,000 May $55 calls were bought for $0.58-$1.10. The Apr $55 calls also saw sizable buying. Call activity was nearly 6x the average daily volume. Goldman Sachs reiterated their conviction buy rating on March 31st.
Diamond Offshore Drilling (DO)- A rollout from 6,300 Apr $30 puts ($1.39 credit) into 6,300 May $22.50/$27.50 put spreads ($1.09 debit). Earnings are due out on May 4th.
Gilead Sciences (GILD)- 10,000 May 15 $105 calls were purchased for $1.69-$1.79, against open interest of 23,926 … Read More »

Unusual Options Activity

Huntsman (HUN)- Another 1,500 Jan 2016 $22 calls were bought for $2.50-$2.55, against open interest of 10,601 contracts. This is the 3rd straight day of buying (open interest was just 571 contracts on March 27th). Earnings estimates have fallen, but shares currently trade at a P/E ratio under 10x (2015 estimates), price to sales ratio of 0.46x, and a price to book ratio of 3.01x.
Lumber Liquidators (LL)- The Apr 10 weekly $31/$36 bull call spread was put on another 3,000 times for a $2.20 debit. This trade was done yesterday as well.
Molson Coors (TAP)- 11,000+ May $77.50 calls were purchased for $2.40-$2.60. Just a few minutes later 16,000 Apr $77.50 calls were sold for $0.85-$1.00 (likely a roll from Apr calls into May calls). Call activity was 9x the average daily volume.
United States Steel (X)- 4,000 May 15 … Read More »

 Unusual Options Activity

In today’s Unusual Options Activity Report we highlight put buying in Dick’s Sporting Goods (DKS) and call buying in Yahoo! (YHOO).

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

Smart Money Report

ADHD- 2,000 Oct $35 calls were bought for $2.60 each, against open interest of 3,542 contracts. Phase 3 data is due out soon
CBS- The Mar 2015 $50/$65 strangle was put on 7,000 times for a $2.93 credit. Volume was above the open interest in both options. He/she is looking for CBS shares to stay between $50-$65 through Mar 2015 options expiration. The breakeven points are $67.93 and $47.07.
GTAT- 20,000 Dec $11 puts were purchased for $1.35-$1.40 each, against open interest of 30,737 contracts. 17,000 GT Advanced Technologies Oct 18 $12 puts were purchased yesterday too (part of a rollout from Oct 18 $17 puts).
PBR- 12,000 Oct 18 $16 puts were sold for $0.53 each, against open interest of 12,249 contracts. The Apr 2015 $23/$30 1×2 ratio call spread was put on 10,000 times yesterday for a $0.54 … Read More »

Unusual Options Activity

In today’s Unusual Options Activity Report we highlight call buying in Alcobra (ADHD) and Yahoo! (YHOO).

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

Smart Money Report

BCS- The Jan 2016 $15/$15 bull risk reversal was put on another 2,500 times for a $0.10-$0.15 credit. Volume was below the open interest in both options. This trade has been put on 17,500 times over the last three trading days.
BIDU- The Oct 18 $200/$220 bull risk reversal was put on 750 times for a $1.20 debit. Volume was below the open interest in both options.There was also a buyer of 1,296 Sep 20 $217.50 calls for $1.40 each in Baidu.
FIG- A likely rollout from 1,000 Mar 2015 $7.82 calls (credit) into 1,000 Mar 2015 $6.82 calls (debit). Volume was below the open interest in both options. Call activity is over 4x the average daily volume.
GTAT- A rollout from 10,000 Oct 18 $17 puts (credit) into 17,000 Oct 18 $12 puts (debit). Volume was above the open interest … Read More »

Smart Money Report

ASML- Another 1,200 Oct $105 calls were bought for $1.00-$1.75 each, against open interest of 8,190 contracts. Over 6,000 were bought on 8/26. The call to put ratio is 3:1. Call activity is 6x the average daily volume. Implied volatility in ASML Holding rose 14.3% to 26.12.
EWG- 2,550 Apr 2015 $25 puts were sold for $0.55 each, against open interest of 627 contracts. The Germany equity ETF hasn’t been near the $25 level since last September.
QEP- 2,000 Sep $35 calls were purchased for $1.20 each, against open interest of 3,800 contracts. This was tied to 100,000 shares of stock.
URBN- A rollout from 3,000 Sep $37 calls (credit) into 3,000 Oct $39 calls (debit). Volume was above the open interest in the Oct $39 calls.
YHOO- A likely rollout from 5,316 Sep 20 $40 calls (credit) into 7,057 Oct 18 … Read More »

Unusual Options Activity

In today’s Unusual Options Activity Report we highlight a call rollout in Urban Outfitters (URBN) and Yahoo! (YHOO).

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

Stock Watchlist Update
Trading Yahoo Off Of The Alibaba IPO Filing

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

Smart Money Report

BAC- Bank of America is set to announce Q1 earnings before the bell tomorrow morning. Analysts are looking for $0.05 in EPS and revenue of $22.3 billion. The options market is implying a $0.53 move, or 3.31%, in either direction through Friday’s close. Call to put ratio in (BAC) options is currently 2.71, led by buying in the Apr. 25 weekly $16.50 calls. The stock has moved higher after reporting earnings on the three previous reports.
YHOO- Yahoo! will release Q1 earnings after the bell tonight. Analysts are looking for $0.37 in EPS and revenue of $1.1 billion. Option traders are pricing in a $2.31 move, or 7.01%, in either direction through Friday’s close. The call to put ratio in (YHOO) options is currently 2.63, led by led by buying in the Apr. 19 $33 and $35 calls. The … 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.

Free Trial: … Read More »

 Unusual Options Activity

In today’s Unusual Options Activity Report we highlight call buying in Eli Lilly (LLY) and a call spread in Yahoo! (YHOO).

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

Smart Money Report

BA- Boeing will report Q4 earnings before the bell tomorrow morning. Analysts are looking for $1.57 in EPS and revenue of $22.7 billion. The options market is implying a $4.77 move, or 3.47%, in either direction through Friday’s close. Call to put ratio is currently 1.01, led by a buyer of 600 Jan. 31 weekly $128/$136 put spreads for a $1.62 debit.
YHOO- Yahoo is set to announce Q4 earnings after the bell tonight. Analysts are looking for $0.38 in EPS and revenue of $1.2 billion. Option traders are pricing in a $1.79 move, or 4.77%, in either direction through Friday’s close. The call to put ratio is 2.00, led by a buyer of 2,000 July $37 straddles for a $7.60 debit.
BAC- 10k Mar. $17 calls were bought for $0.47 each, against open interest of 51,848 contracts.
FB- 7,627 Jan. … Read More »

Smart Money Report

ALU- A possible rollout from 8k Jan. 2015 $2.83 calls (debit) into 8k Jan. 2015 $6.83 calls (credit). Volume was above the open interest in the Jan. 2015 $6.83 calls. This could be against a long stock position, which would be a covered call strategy.
AMGN- The July 2014 $110/$125 bull risk reversal was put on 2,350 times for a $2.90 credit. Volume was above the open interest in both options.
CTIC- 20,000 June $1.50 puts were sold for $0.22 each, against open interest of 25 contracts.
YHOO- 15,610 Jan. 2014 $41 calls were bought for $0.50 each, against open interest of 31,713 contracts.
AAPL- Apple shares are down 1.48% on the first trading day of 2014. Implied volatility is up 6.6% in (AAPL) options, led by heavy call sellling and put buying.

2014 LIMITED TIME OFFER– Save over 33% off … Read More »

Smart Money Report

CIEN- Ciena will report Q3 earnings before the bell tomorrow morning. Analysts are looking for $0.24 in EPS and revenue of $568 million. The options market is implying a $2.70 move, or 11.97%, in either direction through December options expiration. Put to call ratio in (CIEN) options is currently 1.16.
LULU- Lululemon Athletica will also release Q3 earnings in the morning. Analysts are looking for $0.41 in EPS and revenue of $376 million. Options traders are pricing in a $5.00 move, or 7.28%, in either direction through Friday’s close. The put to call ratio in (LULU) options is 2.42.
USO- The Jan. 2015 $32/$36 strangle was put on 11k times for a $3.50 debit. Volume was above the open interest in both options.
YHOO- 15,000 Apr. 2014 $44 calls were purchased for $1.76 each, against open interest of 19,625 contracts.
AAPL- Apple … Read More »

Unusual Options Activity

In today’s Unusual Options Activity Report we highlight a long-dated strangle in the United States Oil Fund (USO) and upside call buying in Yahoo (YHOO).

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

Smart Money Report

RH- Restoration Hardware will report Q2 earnings after the bell tonight. Analysts are looking for $0.43 in EPS and revenue of $378 million. Options traders are pricing in a $8.80 move, or 11.51%, in either direction through next Friday. The call to put ratio in the September options is currently 1.06.
HCA- 2,000 Mar. 2014 $38 puts were sold for $1.70 each, against open interest of 38 contracts. He/she is looking for HCA Holdings shares to hold above the $38 level through March 2014 options expiration.
YHOO- 5k Jan. 2014 $34 calls were bought for $0.85 each, against open interest of 8,414 contracts. Shares of Yahoo are flat on the day, following an initial pop higher at the open.
AAPL- Apple shares are down 0.80% today, hovering around the $500 level. The call to put ratio in the Sep. 13 weekly … Read More »

Unusual Options Activity

In today’s Unusual Options Activity Report we highlight a large put seller in HCA Holdings (HCA) and upside call buying in Yahoo! (YHOO).

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