Unusual Option Activity for Nov-12-2020 BLNK, SE, NIO

Daily Synopsis -

    • The S&P 500 -0.97% today while the NASDaq decreased by (-0.48%). The Russell 2000 closed lower by (-1.54%). The Dow ended in negative territory at (-1.04%)
    • All sectors ended in negative territory today. The best performing sector was Consumer Staples(-0.27%) while Energy(-3.23%)was the worst performer.
    • Unless lawmakers make concessions, this persistent disagreement suggests that the market might have to wait until at least Jan. 5 for a better indication on the size of a stimulus deal. That’s because of the two election runoffs in Georgia that will determine if Republicans retain their majority in the Senate.
    • What’s more, Fed Chair Powell warned that the economy will be challenging for the next few months amid uncertainty surrounding the distribution of a vaccine and the negative effects the coronavirus is having on households and businesses. On a related note, the City of Chicago issued a stay at home “advisory” for 30 days.
    • All in all, today’s news flow wasn’t constructive for a market some would describe as overextended in terms of pricing in a recovery. Prior to today, the S&P 500 was up 9.3% this month. Defensive undertones were manifested in the relative outperformances of the consumer staples sector (-0.2%) and the mega-cap/growth/stay-at-home stocks.
    • Looking ahead, investors will receive the Producer Price Index for October and the preliminary Univ. of Michigan Index of Consumer Sentiment for November on Friday.
Index Summary / Sector Summary -

S&P 500 : (-0.97%); NasDaq : (-0.48%);
Russell 2000 :(-1.54%); Dow :(-1.04%);
Vix :23.45 (+8.1%); [-8.09%]; {-33.32%}
Three highest sectors for today were –
Consumer Staples: (-0.27%); Health Care: (-0.37%); Communication Services: (-0.57%)
Three lowest sectors for today were –
Energy: (-3.23%); Materials: (-2.11%); Financials: (-1.66%)

Anticipated Earnings this Week -

Earnings info Monday –
RNG 304.65 +20.44,(+7.19%)
NVAX 90.96 +5.95,(+7.0%)
WKHS 20.52 +1.32,(+6.88%)
PLUG 23.43 +0.43,(+1.87%)
BYND 128.84 +0.95,(+0.74%)
NKLA 19.54 -0.64,(-3.17%)
NCLH 18.85 -0.67,(-3.43%)
OXY 11.31 -0.59,(-4.96%)
SPG 69.14 -4.27,(-5.82%)
TLRY 7.42 -0.62,(-7.71%)

Earnings info Tuesday –
JMIA 13.57 +0.61,(+4.71%)
DDOG 89.99 +3.16,(+3.64%)
RKT 21.79 +0.73,(+3.47%)
PRPL 26.78 +0.77,(+2.96%)
LYFT 36.47 +0.06,(+0.17%)
CYBR 103.755 +0.005,(+0.01%)
DHI 71.42 -1.43,(-1.96%)
AAP 153.06 -3.46,(-2.21%)

Earnings info Wednesday –
GRWG 24.26 +3.32,(+15.86%)
HUYA 21.36 +0.76,(+3.69%)
DOYU 14.105 +0.305,(+2.21%)
LMND 56.0 -1.9,(-3.28%)

Earnings info Thursday –
CSCO 38.72 -0.61,(-1.55%)
DIS 135.52 -2.3,(-1.67%)
AMAT 69.89 -1.27,(-1.79%)
WIX 254.79 -14.99,(-5.56%)

Earnings info Friday –
DKNG 41.25 -0.39,(-0.94%)

Commodities/Futures -

Top 5 Highest Commodity % Changes –
1. Natural Gas,(NG) 3.031 +0.08 (2.71%)
2. Platinum,(PL) 881.55 +14.1 (1.6%)
3. Aluminum,(MALTR) 1928.25 +27.25 (1.41%)
4. Steel,(SRR) 470.5 +6.5 (1.38%)
5. Coffee,(KC) 110.15 +1.05 (0.95%)

Top 5 Lowest Commodity % Changes –
1. Palladium,(PA) 2316.8 -154.6 (-6.67%)
2. Wheat,(W) 598.0 -10.5 (-1.76%)
3. Crude Oil,(CL) 40.8 -0.65 (-1.59%)
4. Lumber,(LB) 572.3 -8.0 (-1.4%)
5. Corn,(C) 417.25 -5.75 (-1.38%)

Spac Corner -

*SPAC ETF is the top 25 SPACS trading above IPO price. SPACs must be trading >5% of IPO Price. SPAC ETF : (0.21%)
Top 5 Highest SPAC % Changes –
1. JWS- 11.73 1.6 (+15.79%); 52 week high :11.74
2. NFIN- 11.4 0.9 (+8.57%); 52 week high :12.91
3. RACA- 13.56 0.53 (+4.07%); 52 week high :21.44
4. ORSN- 10.18 0.33 (+3.35%); 52 week high :12.07
5. FVAC- 13.66 0.37 (+2.78%); 52 week high :16.41

Top 5 Lowest SPAC % Changes –
1. SBE- 16.37 -0.63 (-3.71%); 52 week high :18.0
2. LCA- 12.665 -0.365 (-2.8%); 52 week high :19.28
3. YAC- 9.59 -0.22 (-2.24%); 52 week high :10.15
4. SMMC- 12.0 -0.25 (-2.04%); 52 week high :12.94
5. DMYT- 10.99 -0.17 (-1.52%); 52 week high :14.38

Top 5 Spacs by Volume –
1. JWS- 11.73 1.6 (+15.79%); Volume :42,226,261; ADV:308,660
2. CCX- 10.03 -0.01 (-0.1%); Volume :23,595,937; ADV:1,657,062
3. THCB- 10.235 0.045 (+0.44%); Volume :3,078,172; ADV:71,777
4. IPOB- 17.88 -0.15 (-0.83%); Volume :1,909,833; ADV:3,085,746
5. SBE- 16.37 -0.63 (-3.71%); Volume :1,585,821; ADV:2,430,479

Top 5 Spacs Trading Above ADV –
1. JWS- 11.73 1.6 (+15.79%); ADV:308,660: Multiple of ADV:136.81
2. NBAC- 9.99 0.06 (+0.6%); ADV:5,284: Multiple of ADV:92.44
3. THCB- 10.235 0.045 (+0.44%); ADV:71,777: Multiple of ADV:42.89
4. CFII- 9.765 0.025 (+0.26%); ADV:51,572: Multiple of ADV:15.7
5. CCX- 10.03 -0.01 (-0.1%); ADV:1,657,062: Multiple of ADV:14.24

Dark Pool Summary -

Highest Dark Pool buys by rank –
1. SPDW 4 buys totaling 12,506,487 shares. Average Price : 31.34, Cost : $392,607,764
2. AAPL 1 buys totaling 1,496,900 shares. Average Price : 120.2, Cost : $179,927,380
3. AMGN 1 buys totaling 500,000 shares. Average Price : 236.72, Cost : $118,360,000
4. CCX 6 buys totaling 11,200,000 shares. Average Price : 10.0, Cost : $112,007,000
5. NYT 2 buys totaling 2,582,097 shares. Average Price : 38.38, Cost : $99,100,883

Options Fast Facts -

CBOE Put/Call Ratio – 0.52
Highest Multiple Over Daily Average – AER with 17x the ADV of 1278. There were 496 calls and 21570 puts.
Ticker with Most Contracts –NIO with 1948277 contracts traded today with an AVD of 869050. There were 1357149 calls and 591128 puts.
Largest Put / Call Ratio – AGO with a 299 P/C ratio. There were 10754puts and 36 calls.
Largest Call / Put Ratio – PRSP with a2119 C/P ratio. There were 10597 calls and 5 puts.
*Stocks must be >$6, Highest Multiple must have >1k ADV, Largest ratios must have an option volume >10k

Yesterday's Picks -

RVLV 21.01 -1.43,(-6.37%)
BABA 264.31 -1.34,(-0.5%)
RCL 68.1 -2.78,(-3.92%)

You can find yesterday’s post here.

Momentum Unusual Option Activity

First Momentum Stock Pick -

Ticker:BLNK 10.43,0.22(+2.15%) Earnings: 2020-11-12
Name :Blink Charging Co. Special Considerations : Pre-ER
Industry : Consumer Services Sector : Other Consumer Services
Option Information –
Today’s Option Volume: 39699; OptionOI: 131613
Multiple of ADV: 5; ADV: 7725
Total Calls: 34380; Total Puts: 5319
Calls at Ask: 44.2%; Calls at Bid: 31.9%
Puts at Ask: 49.7%; Puts at Bid: 27.7%
C/P Ratio: 6
Noteable Strikes

NOV 20 ’20 10.0C had 4519 VLM and 9144 OI.
NOV 20 ’20 12.5C had 12864 VLM and 12500 OI.
DEC 18 ’20 12.5C had 2340 VLM and 4710 OI.
JAN 15 ’21 10.0C had 1217 VLM and 3860 OI.

News

No news for today

Potential Sympathy Stocks

GPAR3-BR, GNE, FTS-CT, H-CT

Impression

The Call Ask Percent looks good. I wish the Multiple of ADV was a little higher. The C/P ratio is decent..

Company Description for :BLNK

Blink Charging Co. engages in the operation and provision of electric vehicle, charging equipment, and networked EV charging services. Its product line and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006 and is headquartered in Hollywood, FL.

Second Momentum Stock Pick

Classic Unusual Option Activity

First Classic Unusual Options Activity Pick -

First Classic Unusual Options Activity Pick –

Ticker:SE 178.77,9.64(+5.7%) Earnings: 2020-11-17
Name :Sea Ltd. (Singapore)
Industry : Internet Software/Services

Option Information –

DEC’04 20 200.0C – 650 @ 6.00 were traded at 10:13:00 as a SPLIT Spot Price: 177.21
DEC’04 20 200.0C – 699 @ 5.15 were traded at 09:52:00 as a BLOCK Spot Price: 174.12

News –

2020-11-12 16:59:04:Minnesota DNR approves all 10 required permits for Enbridge Line 3
The Minnesota DNR says it has approved all 10 permits requested by Enbridge for its Line 3 oil pipeline.
2020-11-12 16:25:00:Minnesota regulators approve permits for Enbridge’s Line 3 oil pipeline project
Minnesota regulators on Thursday approved key permits for Enbridge Inc’s Line 3 crude pipeline replacement project, paving the way for the project to receive federal permits from the U.S. Army Corps of Engineers after facing years of delays.

Sympathy Stocks for : SE

WMB, EPD, ENB, SRE

This stock was mentioned twice on Nov-11-2020 and Oct-06-2020 at a closing price of 169.13and 163.44.

Company Description for :SE

(‘SE’, ‘Sea Ltd. (Singapore) is an internet and mobile platform company. The firm engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce and Digital Financial Services. The Digital Entertainment segment offers access to game-related content through game forums, group voice chat, live streaming, and other user socializing functions on the Garena mobile app and desktop application. The E-Commerce segment manages third-party marketplace through Shopee mobile app and websites that connects buyers and sellers. The Digital Financial Services segment includes financial services to individuals and businesses, including e-wallet and payment services through the AirPay mobile app and AirPay counter applications on mobile phones or computers. The company was founded by Xiao Dong Li, Gang Ye and Jing Ye Chen on May 8, 2009 and is headquartered in Singapore.’)

Second Classic Unusual Options Activity Pick -

Ticker:NIO 48.3,5.22(+12.12%) Earnings: 2020-11-17
Name :NIO, Inc. (China)
Industry : Motor Vehicles

Option Information –

DEC’04 20 63.0C – 1,300 @ 1.95 were traded at 11:33:00 as a BLOCK Spot Price: 46.88
DEC’11 20 64.0C – 737 @ 3.50 were traded at 13:50:00 as a SWEEP Spot Price: 49.08

News –
2020-11-12 17:31:46:NIO Stock – December 31st Choices Now Accessible For NIO
NIO Stock – December 31st Choices Now Accessible For NIO –
2020-11-12 16:30:52:NIO Stock – Why NIO Stock Is Rising In the present day
NIO Stock – Why NIO Stock Is Rising In the present day –

Sympathy Stocks for : NIO

SHYF, NSANY, NKLA, NIO

This stock was mentioned twice on Nov-02-2020 and Nov-05-2020 at a closing price of 33.32and 42.35.

Company Description for :NIO

(‘NIO’, ‘NIO, Inc. (China) is a holding company, which engages in the design, manufacture, and sale of electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Its products include EP9 supercar and ES8 7-seater SUV. The company provides users with home charging, and power express valet service and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China.’)

What are your thoughts?

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