Unusual Option Activity for Dec-30-2020

Daily Synopsis -

    • The S&P 500 eked out a gain of +0.14% today while the NASDaq had a small gain of (+0.0%). The Russell 2000 rose by (+1.02%). The Dow ended in positive territory at (+0.22%)
    • The best performing sector was Energy(+1.57%) while Communication Services(-0.67%)was the worst performer.
    • Walt Disney (DIS 181.17, +3.87, +2.2%), a stock many consider a reopening stock, was an individual standout, as was Visa (V 218.36, +3.99, +1.9%) on word that the $600 stimulus checks have started to hit people’s bank accounts. On a related note, Senate Majority Leader McConnell said that $2000 stimulus checks (an increase from $600) have “no realistic path” to quickly pass in the Senate.
    • Shares of Tesla (TSLA 694.78, +28.79, +4.3%), meanwhile, rose 4.3% in a momentum trade to fresh all-time highs. Tesla helped mitigate some weakness in Amazon (AMZN 3285.85, -36.15, -1.1%) for the consumer discretionary sector (+0.3%). AMZN underperformed with the other FAANG stocks today.
    • Looking ahead, investors will receive the weekly Initial and Continuing Claims report on Thursday.
Index Summary / Sector Summary -

S&P 500 : (+0.14%); NasDaq : (0.0%);
Russell 2000 :(+1.02%); Dow :(+0.22%);
Vix :23.08 (-1.34%); [-6.03%]; {+1.2%}
Three highest sectors for today were –
Energy: (+1.57%); Materials: (+1.38%); Industrials: (+0.64%)
Three lowest sectors for today were –
Communication Services: (-0.67%); Consumer Staples: (-0.1%); Information Technology: (-0.05%)

Anticipated Earnings this Week -

Earnings info Monday –
No Earnings
Earnings info Tuesday –
KMX 94.62 +2.38,(+2.58%)
CTAS 350.23 +2.86,(+0.82%)
NEOG 79.9 -0.29,(-0.36%)

Earnings info Wednesday –
PAYX 92.18 -0.96,(-1.03%)

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

Commodities/Futures -

Top 5 Highest Commodity % Changes –
1. Natural Gas,(NG) 2.467 +0.16 (6.57%)
2. Soybeans,(S) 1296.0 +38.75 (2.99%)
3. Corn,(C) 466.0 +9.5 (2.04%)
4. Orange Juice,(OJ) 124.55 +2.35 (1.89%)
5. Silver,(SI) 26.71 +0.49 (1.85%)

Top 5 Lowest Commodity % Changes –
1. Cocoa,(CC) 2507.0 -53.0 (-2.11%)
2. Feeder Cattle,(FC) 141.225 -1.38 (-0.97%)
3. Feeder Cattle,(GF) 138.6 -1.03 (-0.74%)
4. Nickel,(NICKEL) 16765.0 -122.5 (-0.73%)
5. Steel,(SRR) 592.0 -4.0 (-0.68%)

Spac Corner -

*SPAC ETF is the top 25 SPACS trading above IPO price. SPACs must be trading >5% of IPO Price. SPAC ETF : (0.0%)
Top 5 Highest SPAC % Changes –
1. NBAC- 18.53 1.84 (+11.03%); 52 week high :22.27
2. MNCL- 12.2 0.75 (+6.55%); 52 week high :12.2
3. JYAC- 10.86 0.58 (+5.64%); 52 week high :10.9
4. PANA- 11.05 0.52 (+4.94%); 52 week high :11.61
5. NOVS- 15.69 0.68 (+4.53%); 52 week high :17.37

Top 5 Lowest SPAC % Changes –
1. BRPA- 27.24 -4.72 (-14.77%); 52 week high :38.36
2. TOTA- 10.75 -1.61 (-13.03%); 52 week high :12.97
3. LOAC- 12.55 -0.74 (-5.57%); 52 week high :13.8
4. NPA- 13.345 -0.655 (-4.68%); 52 week high :14.35
5. OAC- 14.76 -0.59 (-3.84%); 52 week high :16.27

Top 5 Spacs by Volume –
1. IPOC- 16.0 -0.24 (-1.48%); Volume :8,709,199; ADV:11,273,347.0
2. FTIV- 11.32 0.475 (+4.38%); Volume :8,507,122; ADV:110,151.0
3. GHIV- 13.05 -0.11 (-0.84%); Volume :7,982,314; ADV:6,010,692.0
4. BFT- 15.79 0.03 (+0.19%); Volume :7,700,026; ADV:20,178,662.0
5. EXPC- 11.25 -0.05 (-0.44%); Volume :6,124,118; ADV:1,451,511.0

Top 5 Spacs Trading Above ADV –
1. FTIV- 11.32 0.475 (+4.38%); ADV:110,151.0: Multiple of ADV:77.23
2. BTAQ- 10.42 0.33 (+3.27%); ADV:311,100.0: Multiple of ADV:8.91
3. LCAP- 10.08 0.02 (+0.2%); ADV:61,663.0: Multiple of ADV:8.5
4. VYGG- 10.53 0.13 (+1.25%); ADV:237,128.0: Multiple of ADV:8.02
5. PANA- 11.05 0.52 (+4.94%); ADV:114,540.0: Multiple of ADV:7.31

Top 5 Highest Warrant % Changes –
1. BTAQW- 2.0 0.5 (+33.33%); 52 week high :1.5
2. MNCLW- 1.25 0.27 (+27.55%); 52 week high :1.25
3. PANA+- 3.079 0.569 (+22.67%); 52 week high :3.079
4. IPOE+- 3.69 0.59 (+19.03%); 52 week high :3.69
5. FST+- 1.785 0.265 (+17.43%); 52 week high :1.9

Top 5 Lowest Warrant % Changes –
1. TOTAW- 0.8515 -0.3385 (-28.44%); 52 week high :1.34
2. BRPAW- 4.74 -1.125 (-19.18%); 52 week high :6.55
3. DSACW- 1.52 -0.28 (-15.56%); 52 week high :1.8
4. AGBAW- 0.452 -0.078 (-14.72%); 52 week high :0.5888
5. LOACW- 1.79 -0.2498 (-12.25%); 52 week high :2.44

Dark Pool Summary -

Highest Dark Pool buys by rank –
1. TSLA 1 buys totaling 161,380 shares. Average Price : 672.7, Cost : $108,560,326
2. DD 2 buys totaling 675,000 shares. Average Price : 70.05, Cost : $47,321,250
3. BABA 1 buys totaling 165,000 shares. Average Price : 239.45, Cost : $39,509,250
4. BA 1 buys totaling 154,757 shares. Average Price : 216.25, Cost : $33,466,201
5. AZN 2 buys totaling 600,000 shares. Average Price : 50.46, Cost : $30,276,000

Options Fast Facts -

CBOE Put/Call Ratio – 0.45
Highest Multiple Over Daily Average – MO with 16x the ADV of 25541. There were 404341 calls and 9498 puts.
Ticker with Most Contracts –GME with 478060 contracts traded today with an AVD of 145306. There were 262658 calls and 215402 puts.
Largest Put / Call Ratio – CVI with a 27 P/C ratio. There were 10079puts and 370 calls.
Largest Call / Put Ratio – MO with a43 C/P ratio. There were 404341 calls and 9498 puts.
*Stocks must be >$6, Highest Multiple must have >1k ADV, Largest ratios must have an option volume >10k

Yesterday's Picks -

LAC 12.23 +0.31,(+2.6%)
CSIQ 50.65 +1.14,(+2.3%)
LMND 129.89 +11.55,(+9.76%)

You can find yesterday’s post here.

Momentum Unusual Option Activity

First Momentum Stock Pick -

Second Momentum Stock Pick

Classic Unusual Option Activity

First Classic Unusual Options Activity Pick -

Second Classic Unusual Options Activity Pick -

What are your thoughts?

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