mahkoh
1,065 posts
msg #140096
- Ignore mahkoh |
12/14/2017 3:57:42 PM
MU keeps attracting call buyers. Earnings are due Dec 19.
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15minoffame
131 posts
msg #140101
- Ignore 15minoffame |
12/14/2017 10:42:03 PM
@lavapit315. Sorry I didn't get a chance to take a look at yesterday's trades. It's no longer available on the site. Today's total option volume Calls-Puts pct ran 75-25. It's showing a hammer on the monthly so we'll have to see if the selling has finally exhausted.
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15minoffame
131 posts
msg #140102
- Ignore 15minoffame |
12/14/2017 10:59:41 PM
Big Option Play of the Day!
MO had a majestic 8 year run from the 2009 low of $9 to this year's high of $77 in June. If I could ever figure out StrataSearch, I'd tell you its monthly R-Square. Let's just say it's high! July was its worst month in two years which brought it down to the monthly 21 EMA. It meandered for three months but now has once again established its uptrend.
An investor agreed as they laid out nearly $2.3 million in premium when they bought 9400 contracts of the 6/15/18 75 Calls at an avg price of about $2.43. Break even of $77.43 within a 6 month's time frame seems almost certain. This would eclipse the all time high and I have a good feeling it has a very good chance of clearing $80 next year.
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lavapit315
47 posts
msg #140134
- Ignore lavapit315 |
12/15/2017 6:20:54 PM
Yesterday I saw a lot of TEVA calls so this morning entered the TEVA Dec29'17 18 CALL @ 0.6 ended up selling it for 0.90 a little while later.
Tonight I saw a MON 20 million trade for 29Dec17. I'm assuming that is someone selling the calls they purchased previously?
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15minoffame
131 posts
msg #140171
- Ignore 15minoffame |
12/17/2017 9:48:52 PM
Great job on the Teva Calls. I'm not sure what's going on with those Mon trades. They're all at Mid so it's hard to tell.
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mahkoh
1,065 posts
msg #140198
- Ignore mahkoh
modified |
12/18/2017 2:55:53 PM
Lots of deep in the money STX calls bought today. Jan strike, expiring just before earnings.
Edit: Forget about that, goes ex-div tomorrow.
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15minoffame
131 posts
msg #140209
- Ignore 15minoffame |
12/18/2017 10:21:54 PM
Big Option Play of the Day!
A near $11 million trade in any stock will have everyone's attention, but when it's for a hardware stock such as LOW, then you best better take note. LOW has been the other sibling to HD when it comes to this type of stock as HD's uptrend has been constant since 2010.
One investor think it's about time LOW get the spotlight as they snapped up 10,000 contracts of the 7/20/18 80 Calls at $10.80. Unlike HD, LOW tends to pullback 2-3 months after similar number of months up. If pattern holds true, it's now due for a pullback, but first quarter earnings is coming up in late February. Break even is $90.80, which is only 3.84% from today's closing price of $87.44. Seasonality show strong February & March so this investor should be able to sell well before expiration for a tidy profit if earnings are strong.
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lavapit315
47 posts
msg #140223
- Ignore lavapit315 |
12/19/2017 11:49:55 AM
@15minoffame
I saw that too and thanks for posting. I Bought LOW Jan19'18 90 CALL @ .95 Sold @ $1.58. Didn't make as much as that guy but profit is profit. Again thanks for posting.
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15minoffame
131 posts
msg #140225
- Ignore 15minoffame |
12/19/2017 12:22:06 PM
@lavapit315
Great job on the LOW trade. I'll take 66% any day!
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lavapit315
47 posts
msg #140231
- Ignore lavapit315
modified |
12/19/2017 2:13:16 PM
@15minoffame
Check out HLF and let me know what you think. It at 1:05:16 - 1:12:07 spread. 3 of 5600 and 3 of 2k
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