Unusual Option Activity for Dec-22-2020 CLDR, AAPL, DASH

Daily Synopsis -

    • The S&P 500 -0.17% today while the NASDaq had a small gain of (+0.24%). The Russell 2000 rose by (+1.14%). The Dow ended in negative territory at (-0.69%)
    • The best performing sector was Information Technology(+0.87%) while Energy(-1.68%)was the worst performer.
    • High-beta chipmakers underperformed with the PHLX Semiconductor Index (-0.1%) widening this week’s loss to 0.8%, but the weakness had a limited impact on the broader tech sector.
    • Energy (-1.7%) and communication services (-1.0%) finished at the bottom of the leaderboard. The energy sector continued its recent show of relative weakness (-3.5% week-to-date) while crude oil fell $0.79, or 1.7%, to $47.00/bbl.
    • The market received just a couple quarterly reports since yesterday’s closing bell. Most notably, CarMax (KMX 92.33, -8.13, -8.1%) fell below its 50-day moving average (93.74) to a fresh December low after its Q3 beat was overshadowed by softening demand trends in the latter part of the quarter.
    • In other news, Walmart (WMT 144.20, -1.77, -1.2%) fell to a six-week low after the Department of Justice sued the retail giant over its role in the opioid crisis.
    • Longer-dated Treasuries recorded modest gains while the 2-yr ended flat. The 10-yr yield fell two basis points to 0.92%.
    • Today’s trading volume was below average as roughly 900 mln shares changed hands at the NYSE floor.
Index Summary / Sector Summary -

S&P 500 : (-0.17%); NasDaq : (+0.24%);
Russell 2000 :(+1.14%); Dow :(-0.69%);
Vix :25.16 (-3.7%); [+5.85%]; {+8.8%}
Three highest sectors for today were –
Information Technology: (+0.87%); Real Estate: (+0.7%); Utilities: (-0.2%)
Three lowest sectors for today were –
Energy: (-1.68%); Financials: (-0.97%); Communication Services: (-0.93%)

Anticipated Earnings this Week -

Earnings info Monday –
No Earnings
Earnings info Tuesday –
NEOG 81.75 +1.23,(+1.53%)
CTAS 348.13 +2.0,(+0.58%)
KMX 92.33 -8.13,(-8.09%)

Earnings info Wednesday –
PAYX 96.68 +0.09,(+0.09%)

Earnings info Thursday –
No Earnings
Earnings info Friday –
No Earnings

Commodities/Futures -

Top 5 Highest Commodity % Changes –
1. Lumber,(LB) 766.2 +32.0 (4.18%)
2. Soybeans,(S) 1247.5 +27.5 (2.2%)
3. Cocoa,(CC) 2555.0 +49.0 (1.92%)
4. Feeder Cattle,(GF) 141.9 +1.28 (0.9%)
5. Sugar,(SB) 14.53 +0.09 (0.62%)

Top 5 Lowest Commodity % Changes –
1. Silver,(SI) 25.358 -1.02 (-4.03%)
2. Nickel,(NICKEL) 16710.0 -632.5 (-3.79%)
3. Cotton,(CT) 74.76 -2.4 (-3.21%)
4. Brent Crude,(LCO) 50.91 -1.35 (-2.65%)
5. Palladium,(PA) 2316.4 -55.6 (-2.4%)

Spac Corner -

*SPAC ETF is the top 25 SPACS trading above IPO price. SPACs must be trading >5% of IPO Price. SPAC ETF : (1.83%)
Top 5 Highest SPAC % Changes –
1. BRPA- 38.02 13.42 (+54.55%); 52 week high :24.6
2. CLA- 13.83 3.75 (+37.2%); 52 week high :15.25
3. IPV- 18.67 3.77 (+25.3%); 52 week high :19.84
4. THCB- 18.41 3.55 (+23.89%); 52 week high :17.2
5. PTAC- 15.19 2.51 (+19.79%); 52 week high :12.75

Top 5 Lowest SPAC % Changes –
1. FSRV- 12.61 -0.92 (-6.8%); 52 week high :14.25
2. LSAC- 17.68 -0.9199 (-4.95%); 52 week high :18.6
3. DMYD- 15.9 -0.55 (-3.34%); 52 week high :16.84
4. INAQ- 15.2 -0.51 (-3.25%); 52 week high :15.71
5. GIK- 12.12 -0.33 (-2.65%); 52 week high :13.33

Top 5 Spacs by Volume –
1. BFT- 14.68 -0.14 (-0.95%); Volume :16,721,463; ADV:16,314,266.0
2. CLA- 13.83 3.75 (+37.2%); Volume :15,082,431; ADV:60,858.0
3. IPOC- 13.45 0.2 (+1.51%); Volume :14,996,314; ADV:8,385,800.0
4. CFII- 12.0 0.8 (+7.14%); Volume :10,962,318; ADV:2,223,681.0
5. SBE- 45.23 6.23 (+15.97%); Volume :9,759,515; ADV:8,734,117.0

Top 5 Spacs Trading Above ADV –
1. CLA- 13.83 3.75 (+37.2%); ADV:60,858.0: Multiple of ADV:247.83
2. JIH- 11.0 0.65 (+6.28%); ADV:141,224.0: Multiple of ADV:58.11
3. DFNS- 10.35 0.14 (+1.37%); ADV:19,288.0: Multiple of ADV:27.48
4. BRPA- 38.02 13.42 (+54.55%); ADV:96,026.0: Multiple of ADV:26.41
5. TOTA- 11.015 0.055 (+0.5%); ADV:19,256.0: Multiple of ADV:25.37

Top 5 Highest Warrant % Changes –
1. CLA+- 3.17 2.0487 (+182.71%); 52 week high :3.75
2. BRPAW- 6.55 2.4 (+57.83%); 52 week high :4.15
3. THCBW- 4.59 1.24 (+37.02%); 52 week high :3.35
4. TOTAW- 0.82 0.2201 (+36.69%); 52 week high :0.98
5. AMCIW- 3.05 0.78 (+34.36%); 52 week high :2.41

Top 5 Lowest Warrant % Changes –
1. AMHCW- 1.485 -0.1107 (-6.94%); 52 week high :1.67
2. PACE+- 2.98 -0.22 (-6.88%); 52 week high :3.2
3. GRCYW- 0.5999 -0.0301 (-4.78%); 52 week high :0.6499
4. SAIIW- 0.91 -0.0402 (-4.23%); 52 week high :0.9502
5. WPF+- 2.5 -0.1 (-3.85%); 52 week high :2.99

Dark Pool Summary -

Highest Dark Pool buys by rank –
1. GILD 1 buys totaling 2,540,000 shares. Average Price : 57.81, Cost : $146,845,782
2. AVGO 1 buys totaling 263,585 shares. Average Price : 428.88, Cost : $113,046,335
3. MDT 1 buys totaling 888,184 shares. Average Price : 114.54, Cost : $101,732,595
4. AZN 4 buys totaling 1,999,540 shares. Average Price : 48.81, Cost : $97,612,358
5. PM 1 buys totaling 985,976 shares. Average Price : 82.67, Cost : $81,510,636

Options Fast Facts -

CBOE Put/Call Ratio – 0.47
Highest Multiple Over Daily Average – LITE with 14x the ADV of 2355. There were 31315 calls and 1803 puts.
Ticker with Most Contracts –AAPL with 3803957 contracts traded today with an AVD of 1602694. There were 3103422 calls and 700535 puts.
Largest Put / Call Ratio – XLP with a 9 P/C ratio. There were 11007puts and 1246 calls.
Largest Call / Put Ratio – IAU with a50 C/P ratio. There were 10611 calls and 214 puts.
*Stocks must be >$6, Highest Multiple must have >1k ADV, Largest ratios must have an option volume >10k

Yesterday's Picks -

STX 63.73 -1.32,(-2.03%)
FUBO 62 +12.52,(+25.3%)

You can find yesterday’s post here.

Momentum Unusual Option Activity

First Momentum Stock Pick -

Ticker:CLDR 14.64,1.72(+13.31%) Earnings: None
Name :Cloudera Inc Special Considerations : 52WkHigh
Industry : Information Sector : Software Publishers
Option Information –
Today’s Option Volume: 112383; OptionOI: 302159
Multiple of ADV: 5; ADV: 22645
Total Calls: 99305; Total Puts: 13078
Calls at Ask: 59.8%; Calls at Bid: 26.8%
Puts at Ask: 64.9%; Puts at Bid: 28.9%
C/P Ratio: 8
Noteable Strikes

DEC 24 ’20 13.5C had 1802 VLM and 1124 OI.
DEC 24 ’20 14.0C had 4331 VLM and 0 OI.
DEC 31 ’20 14.0C had 4999 VLM and 355 OI.
JAN 15 ’21 12.5C had 2651 VLM and 0 OI.

News

No news for today

Potential Sympathy Stocks

PPPS, PPRG, PPMH, PPJE

Impression

This stock was mentioned twice on Dec-04-2020 and Nov-24-2020 at a closing price of 12.41and 11.46.
The Call Ask Percent is high. I wish the Multiple of ADV was a little higher. The C/P ratio is decent..

Company Description for :CLDR

Second Momentum Stock Pick

Classic Unusual Option Activity

First Classic Unusual Options Activity Pick -

First Classic Unusual Options Activity Pick –

Ticker:AAPL 131.875,3.645(+2.84%) Earnings: None
Name :Apple Inc
Industry : Electronic Computer Manufacturing

Option Information –

JAN’15 21 145.0C – 9,185 @ 1.66 were traded at 09:50:00 as a SWEEP Spot Price: 133.16

News –

No news for today

Sympathy Stocks for : AAPL

MSFT, HPQ, GOOG, AMZN

This stock was also mentioned on Oct-28-2020 at a closing price of 111.18

Company Description for :AAPL

(‘AAPL’, ”)

Second Classic Unusual Options Activity Pick -

Ticker:DASH 156.79,-3.44(-2.15%) Earnings: None
Name :DoorDash Inc – Class A
Industry : Electronic Shopping

Option Information –

JAN’15 21 167.5C – 500 @ 8.85 were traded at 14:44:00 as a SPLIT Spot Price: 153.84

News –
No news for today

Sympathy Stocks for : DASH

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Company Description for :DASH

(‘DASH’, ”)

What are your thoughts?

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