ZBRA
2014-10-02 Smart Money Report (VMC) (ZBRA)
Smart Money Report
AMJ- A rollout from 3,000 Oct $51 puts (credit) into 3,000 Nov $51 puts (debit). Volume was above the open interest in the Nov $51 puts. The MLP ETN is printing a bullish hammer on the test of the $51 level today. (AMJ) currently has a dividend yield of 4.41%.
DB- 5,000 Jan 2015 $35 calls were bought for $1.40-$1.45 each, against open interest of 7,060 contracts. There was large buying in these Deutsche Bank calls on September 5th. My commentary on (DB) from September 11th for TraderPlanet.com.
IAG- Over 4,800 Dec $2.50 puts were bought for $0.20 each, against open interest of 41,822 contracts. There was large buying in these IAMGOLD puts from September 19th-23rd. Declining gold prices continue to weight on miners like (IAG).
VMC- 5,000 Nov $60 calls were purchased for $2.14-$2.15 each, against open interest of 574 … Read More »
2014-09-30 Smart Money Report (DHR) (KORS)
Smart Money Report
DHR- The Mar 2015 $70/$80 bull risk reversal was put on 7,500 times for a $0.65 debit. Volume was below the open interest in both options. This was tied to 500,000 shares. This trade was put on 7,500 times yesterday too. Bank of America said Danaher may buy Agilent Technologies’ Life Science division post the split.
KORS- 3,000 Nov 22 $80 calls were bought for $1.15 each, against open interest of 7,043 contracts. There was sizable put selling in the Michael Kors Oct 18 $70 puts yesterday.
PAAS- More than 6,000 Nov $11 puts were sold for $0.60 each, against open interest of 486 contracts. The stock is nearing a test of prior resistance from last year near $11. There have been several put sales in the gold and silver miners recently (betting on the correction at least pausing in … Read More »