Unusual Option Activity for Dec-15-2020 BIDU, MT, CREE, STM

Daily Synopsis -

    • The S&P 500 increased +1.35% today while the NASDaq added (+1.03%). The Russell 2000 rose by (+2.5%). The Dow ended in positive territory at (+1.18%)
    • All sectors ended in positive territory today. The best performing sector was Utilities(+1.97%) while Consumer Staples(+0.24%)was the worst performer.
    • The energy (+1.9%), materials (+1.9%), and financials (+1.7%) sectors were among the biggest gainers in the S&P 500, which happened to snap a benign four-session losing streak today. The consumer staples sector (+0.2%) increased the least.
    • Investors didn’t get too carried away, though, considering the potential to be upset by the outcome of today’s stimulus meeting while others preferred to wait for the conclusion of the FOMC policy meeting tomorrow.
    • In the health care space, Eli Lilly (LLY 167.34, +9.43, +6.0%) stood out with an impressive 6% gain. The company issued upside guidance for FY20 and FY21, increased its quarterly dividend by 15%, and agreed to acquire Prevail Therapeutics (PRVL 22.75, +10.25, +82.0%) for $22.50 per share, or about $1 billion, in cash.
    • Looking ahead to Thursday, investors will receive Retail Sales for November, the preliminary IHS Markit Manufacturing and Services PMIs for December, the NAHB Housing Market Index for December, Business Inventories for October, the weekly MBA Mortgage Applications Index, and the FOMC Rate Decision.
Index Summary / Sector Summary -

S&P 500 : (+1.35%); NasDaq : (+1.03%);
Russell 2000 :(+2.5%); Dow :(+1.18%);
Vix :24.72 (-7.4%); [+10.69%]; {+8.12%}
Three highest sectors for today were –
Utilities: (+1.97%); Energy: (+1.97%); Materials: (+1.81%)
Three lowest sectors for today were –
Consumer Staples: (+0.24%); Communication Services: (+0.82%); Health Care: (+1.08%)

Anticipated Earnings this Week -

Earnings info Monday –
No Earnings
Earnings info Tuesday –
ASPU 11.905 +0.285,(+2.45%)
NDSN 201.84 +2.12,(+1.06%)
MTSC 58.395 +0.155,(+0.27%)
NAV 44.19 +0.01,(+0.02%)

Earnings info Wednesday –
ABM 41.1 +1.23,(+3.08%)
TTC 92.56 +1.01,(+1.1%)
LEN 73.87 -0.81,(-1.08%)

Earnings info Thursday –
WOR 53.93 +2.65,(+5.17%)
AIR 35.34 +1.58,(+4.68%)
CAMP 10.96 +0.37,(+3.49%)
SCHL 27.08 +0.8,(+3.04%)
JBL 41.48 +1.17,(+2.9%)
SAFM 141.7 +3.3,(+2.38%)
ACN 247.05 +3.3,(+1.35%)
FDX 285.74 +0.2,(+0.07%)
GIS 59.03 -0.32,(-0.54%)
RAD 18.34 -0.12,(-0.65%)

Earnings info Friday –
WGO 61.7 +3.69,(+6.36%)
APOG 30.84 +1.13,(+3.8%)
DRI 114.45 +1.94,(+1.72%)

Commodities/Futures -

Top 5 Highest Commodity % Changes –
1. Lean Hogs,(LH) 65.675 +2.45 (3.73%)
2. Natural Gas,(NG) 2.682 +0.09 (3.39%)
3. Platinum,(PL) 1044.5 +29.2 (2.8%)
4. Silver,(SI) 24.633 +0.59 (2.38%)
5. Lumber,(LB) 813.0 +18.0 (2.21%)

Top 5 Lowest Commodity % Changes –
1. Wheat,(W) 596.5 -18.0 (-3.02%)
2. Sugar,(SB) 14.12 -0.31 (-2.2%)
3. Orange Juice,(OJ) 114.25 -1.8 (-1.58%)
4. Cocoa,(CC) 2589.0 -33.0 (-1.27%)
5. Steel,(SRR) 570.0 -5.5 (-0.96%)

Spac Corner -

*SPAC ETF is the top 25 SPACS trading above IPO price. SPACs must be trading >5% of IPO Price. SPAC ETF : (-0.96%)
Top 5 Highest SPAC % Changes –
1. LOAK- 17.03 1.27 (+8.06%); 52 week high :17.81
2. SMMC- 14.4 0.57 (+4.12%); 52 week high :15.46
3. OACB- 10.61 0.39 (+3.82%); 52 week high :10.61
4. DGNR- 13.29 0.3 (+2.31%); 52 week high :13.49
5. THBR- 10.66 0.24 (+2.3%); 52 week high :10.7

Top 5 Lowest SPAC % Changes –
1. RMG- 18.32 -2.09 (-10.24%); 52 week high :21.29
2. TPGY- 19.0 -2.03 (-9.65%); 52 week high :24.0
3. AMCI- 12.29 -1.31 (-9.63%); 52 week high :13.97
4. NGA- 14.08 -1.41 (-9.1%); 52 week high :16.37
5. SRAC- 14.42 -1.39 (-8.79%); 52 week high :16.92

Top 5 Spacs by Volume –
1. BFT- 14.08 -0.53 (-3.63%); Volume :19,505,844; ADV:12,936,779
2. EXPC- 10.37 0.14 (+1.37%); Volume :11,377,467; ADV:56,937
3. THBR- 10.66 0.24 (+2.3%); Volume :10,535,386; ADV:75,226
4. IPOC- 11.05 -0.18 (-1.6%); Volume :7,125,382; ADV:5,672,946
5. FEAC- 18.0 -1.19 (-6.2%); Volume :6,405,446; ADV:3,647,215

Top 5 Spacs Trading Above ADV –
1. EXPC- 10.37 0.14 (+1.37%); ADV:56,937: Multiple of ADV:199.83
2. THBR- 10.66 0.24 (+2.3%); ADV:75,226: Multiple of ADV:140.05
3. AONE- 10.48 0.03 (+0.29%); ADV:52,513: Multiple of ADV:13.28
4. HLXA- 11.08 0.0 (0.0%); ADV:8,683: Multiple of ADV:12.03
5. LATN- 10.05 0.0 (0.0%); ADV:7,828: Multiple of ADV:9.05

Top 5 Highest Warrant % Changes –
1. EXPCW- 1.96 0.705 (+56.17%); 52 week high :1.5
2. THBRW- 2.19 0.74 (+51.03%); 52 week high :1.65
3. FSRVW- 1.45 0.2 (+16.0%); 52 week high :1.5
4. LOAK+- 4.69 0.55 (+13.29%); 52 week high :4.7
5. SCPE+- 1.37 0.12 (+9.6%); 52 week high :1.45

Top 5 Lowest Warrant % Changes –
1. FTOCW- 1.2 -0.42 (-25.93%); 52 week high :1.7
2. AVAN+- 1.12 -0.29 (-20.57%); 52 week high :1.41
3. BRPAW- 1.5 -0.37 (-19.79%); 52 week high :1.87
4. DFNS+- 1.27 -0.31 (-19.62%); 52 week high :1.58
5. PIC+- 3.95 -0.95 (-19.39%); 52 week high :5.38

Dark Pool Summary -

Highest Dark Pool buys by rank –
1. BBEU 2 buys totaling 13,586,396 shares. Average Price : 26.08, Cost : $353,738,491
2. AAPL 8 buys totaling 2,371,939 shares. Average Price : 126.73, Cost : $300,500,516
3. TXN 2 buys totaling 1,262,567 shares. Average Price : 162.49, Cost : $205,110,639
4. FB 3 buys totaling 518,724 shares. Average Price : 270.73, Cost : $140,317,290
5. CRM 2 buys totaling 630,000 shares. Average Price : 219.85, Cost : $138,466,125

Options Fast Facts -

CBOE Put/Call Ratio – 0.42
Highest Multiple Over Daily Average – VERU with 10x the ADV of 5445. There were 30545 calls and 21874 puts.
Ticker with Most Contracts –AAPL with 3292081 contracts traded today with an AVD of 1385280. There were 2652800 calls and 639281 puts.
Largest Put / Call Ratio – ITUB with a 12 P/C ratio. There were 49683puts and 4119 calls.
Largest Call / Put Ratio – USAT with a10018 C/P ratio. There were 10018 calls and 1 puts.
*Stocks must be >$6, Highest Multiple must have >1k ADV, Largest ratios must have an option volume >10k

Yesterday's Picks -

DBX 23.11 -0.21,(-0.9%)
VERU 9.345 -0.35,(-3.61%)
NET 81.46 +0.03,(+0.04%)
U 144.58 -2.14,(-1.46%)

You can find yesterday’s post here.

Momentum Unusual Option Activity

First Momentum Stock Pick -

Ticker:BIDU 185.51,22.55(+13.84%) Earnings: None
Name :Baidu Inc – ADR Special Considerations : 52WkHigh
Industry : Information Sector : All Other Telecommunications
Option Information –
Today’s Option Volume: 214653; OptionOI: 372051
Multiple of ADV: 5; ADV: 47653
Total Calls: 167628; Total Puts: 47025
Calls at Ask: 44.2%; Calls at Bid: 30.6%
Puts at Ask: 27.2%; Puts at Bid: 46.5%
C/P Ratio: 4
Noteable Strikes

DEC 18 ’20 170.0C had 1246 VLM and 2496 OI.
DEC 18 ’20 175.0C had 1441.0 VLM and 2500 OI.
MAR 19 ’21 185.0C had 2671 VLM and 1366 OI.

News

2020-12-15 14:14:41:Prevail Therapeutics, Oncocyte, Baidu: 5 Top Stock Gainers for Tuesday
Prevail Therapeutics, Oncocyte, Lydall, Baidu and RealReal are five of the top gainers for Tuesday.
2020-12-15 13:52:03:China’s Baidu Reportedly Planning Foray Into Electric Vehicle Manufacturing
Baidu Inc (NASDAQ: BIDU ) shares were on fire Tuesday following reports of the Chinese search giant’s interest in the lucrative field of electric vehicle manufacturing. What Happened: Baidu is in talks with automakers regarding manufacturing of its own electric vehicle, Reuters reported, citing three people with knowledge of the matter. The company is exploring the possibility of either contract manufacturing or forging a majority-owned joint venture with automakers such as Zhejiang … Full story available on Benzinga.com

Potential Sympathy Stocks

GOOGL, SOHU, SINA, YNDX

Impression

The Call Ask Percent looks good. I wish the Multiple of ADV was a little higher. I’d like the C/P ratio to be higher.

Company Description for :BIDU

Second Momentum Stock Pick

Ticker:MT 23.18,2.01(+9.5%) Earnings: None
Name :ArcelorMittal – New York Shares – Level III Special Considerations : 52WkHigh
Industry : Manufacturing Sector : Iron and Steel Mills and Ferroalloy Manufacturing
Option Information –
Today’s Option Volume: 62510; OptionOI: 242230
Multiple of ADV: 8; ADV: 7694
Total Calls: 58292; Total Puts: 4218
Calls at Ask: 47.5%; Calls at Bid: 42.2%
Puts at Ask: 43.2%; Puts at Bid: 51.4%
C/P Ratio: 14
Noteable Strikes

News

2020-12-15 14:46:15:Los Charts de Hódar: ArcelorMittal, Meliá Hotels y Sacyr
ArcelorMittal, hay que echarle un galgo La cotización está disparada. Este martes saltó con violencia al alza con un cierre en 18,67 euros ganando el 7,45%, lo que le situó a la
2020-12-15 08:04:29:Interpipe appoints ex-CEO of ArcelorMittal Kryvyi Rih its head
The international vertically integrated pipe and wheel company Interpipe (Dnipro) has appointed Artem Poliakov, the former director general of PJSC ArcelorMittal Kryvyi Rih, as well as the ex-vice president of ArcelorMittal Group, a new director general.

Potential Sympathy Stocks

PKX, GGB, NUE, X

Impression

The Call Ask Percent looks good. The Multiple of ADV is okay. The Call/Put Ratio appears bullish.

Company Description for :MT

Classic Unusual Option Activity

First Classic Unusual Options Activity Pick -

First Classic Unusual Options Activity Pick –

Ticker:CREE 91.79,0.51(+0.56%) Earnings: None
Name :Cree, Inc.
Industry : Semiconductor and Related Device Manufacturing

Option Information –

JAN’15 21 110.0C – 2,000 @ 1.85 were traded at 10:47:00 as a SPLIT Spot Price: 91.55

News –

No news for today

Sympathy Stocks for : CREE

IIVI, VECO, AOSL, LEDS

Company Description for :CREE

(‘CREE’, ”)

Second Classic Unusual Options Activity Pick -

Ticker:STM 36.59,1.31(+3.71%) Earnings: None
Name :ST Microelectronics – New York Shares
Industry : Semiconductor and Related Device Manufacturing

Option Information –

JAN’15 21 40.0C – 2,500 @ 0.95 were traded at 15:54:00 as a BLOCK Spot Price: 36.59

News –
No news for today

Sympathy Stocks for : STM

TXN, NXPI, ADI, MXIM

This stock was mentioned twice on Dec-01-2020 and Nov-24-2020 at a closing price of 41.4and 37.54.

Company Description for :STM

(‘STM’, ”)

What are your thoughts?

%d bloggers like this: