Unusual Option Activity for Nov-27-2020 TSLA, BEKE

Daily Synopsis -

    • The S&P 500 eked out a gain of +0.28% today while the NASDaq had a small gain of (+0.93%). The Russell 2000 advanced (+0.43%). The Dow ended in positive territory at (+0.17%)
    • The best performing sector was Health Care(+0.92%) while Energy(-1.17%)was the worst performer.
    • The price action in the S&P 500 generally lacked conviction given the reduced market participation, although trading volume at the Nasdaq was three times higher today than the same time last year. In addition, the market never got the risk-on signal from the Treasury market, which traded higher throughout the morning.
    • Retail stocks also had a decent outing after Adobe Analytics said Thanksgiving Day spending rose nearly 22% yr/yr to a record $5.1 billion. Adobe expects Black Friday and Cyber Monday sales to be great for retailers, too, as more consumers shop online this year. The SPDR S&P Retail ETF (XRT 61.21, +0.52, +0.9%) increased 1% to extend its weekly gain to 6.3%.
    • Investors did not receive any economic data on Friday. Looking ahead, investors will receive the Chicago PMI for November and Pending Home Sales for October on Monday.
Index Summary / Sector Summary -

S&P 500 : (+0.28%); NasDaq : (+0.93%);
Russell 2000 :(+0.43%); Dow :(+0.17%);
Vix :21.25 (-1.93%); [-9.82%]; {-9.78%}
Three highest sectors for today were –
Health Care: (+0.92%); Communication Services: (+0.64%); Information Technology: (+0.53%)
Three lowest sectors for today were –
Energy: (-1.17%); Utilities: (-0.99%); Financials: (-0.32%)

Anticipated Earnings this Week -

Earnings info Monday –
No Earnings
Earnings info Tuesday –
PSTG 18.43 +0.3,(+1.65%)
ADI 137.7 +1.75,(+1.29%)
AMWD 92.655 +1.005,(+1.1%)
HRL 47.2 +0.33,(+0.7%)
GPS 21.75 +0.15,(+0.69%)
DELL 69.82 +0.47,(+0.68%)
ADSK 272.9 +1.66,(+0.61%)
EV 68.72 +0.14,(+0.2%)
HPQ 22.27 +0.02,(+0.09%)
AEO 18.5 +0.01,(+0.05%)

Earnings info Wednesday –
DE 261.95 +5.52,(+2.15%)

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

Commodities/Futures -

Top 5 Highest Commodity % Changes –
1. Coffee,(KC) 124.48 +9.98 (8.02%)
2. Natural Gas,(NG) 2.896 +0.12 (4.18%)
3. Lumber,(LB) 617.1 +16.6 (2.69%)
4. Copper,(HG) 3.422 +0.07 (2.13%)
5. Zinc,(MZN) 2808.75 +45.5 (1.62%)

Top 5 Lowest Commodity % Changes –
1. Wheat,(W) 596.5 -21.0 (-3.52%)
2. Silver,(SI) 22.68 -0.54 (-2.36%)
3. Cocoa,(CC) 2724.0 -61.0 (-2.24%)
4. Sugar,(SB) 14.77 -0.27 (-1.83%)
5. Brent Crude,(LCO) 47.8 -0.81 (-1.69%)

Spac Corner -

*SPAC ETF is the top 25 SPACS trading above IPO price. SPACs must be trading >5% of IPO Price. SPAC ETF : (1.4%)
Top 5 Highest SPAC % Changes –
1. APXT- 14.195 3.205 (+29.16%); 52 week high :15.43
2. HCCH- 19.25 3.57 (+22.77%); 52 week high :19.5
3. RMG- 16.98 2.89 (+20.51%); 52 week high :17.48
4. PIC- 14.6 2.06 (+16.43%); 52 week high :14.78
5. GIK- 12.47 1.42 (+12.85%); 52 week high :12.53

Top 5 Lowest SPAC % Changes –
1. NBAC- 17.02 -5.25 (-23.57%); 52 week high :22.74
2. CIIC- 24.09 -1.86 (-7.17%); 52 week high :33.5
3. LGVW- 16.55 -0.82 (-4.72%); 52 week high :17.99
4. RACA- 13.82 -0.53 (-3.69%); 52 week high :21.44
5. SAMA- 10.32 -0.14 (-1.34%); 52 week high :11.09

Top 5 Spacs by Volume –
1. APXT- 14.195 3.205 (+29.16%); Volume :36,707,943; ADV:885,033
2. THCB- 12.25 0.77 (+6.71%); Volume :15,568,583; ADV:971,556
3. RMG- 16.98 2.89 (+20.51%); Volume :11,213,439; ADV:1,267,934
4. PIC- 14.6 2.06 (+16.43%); Volume :6,954,649; ADV:1,983,299
5. NBAC- 17.02 -5.25 (-23.57%); Volume :5,892,357; ADV:1,159,944

Top 5 Spacs Trading Above ADV –
1. THCA- 10.13 0.0 (0.0%); ADV:3,191: Multiple of ADV:48.39
2. APXT- 14.195 3.205 (+29.16%); ADV:885,033: Multiple of ADV:41.48
3. AGBA- 10.5 0.13 (+1.25%); ADV:5,585: Multiple of ADV:37.33
4. BRPA- 10.81 0.0 (0.0%); ADV:93: Multiple of ADV:21.52
5. GIK- 12.47 1.42 (+12.85%); ADV:201,230: Multiple of ADV:17.99

Dark Pool Summary -

Highest Dark Pool buys by rank –
1. AZN 12 buys totaling 5,044,500 shares. Average Price : 52.01, Cost : $262,526,582
2. NFLX 1 buys totaling 465,000 shares. Average Price : 483.0, Cost : $224,592,722
3. BABA 3 buys totaling 765,000 shares. Average Price : 276.33, Cost : $211,417,851
4. MSFT 2 buys totaling 880,799 shares. Average Price : 215.23, Cost : $189,574,369
5. TSLA 1 buys totaling 308,859 shares. Average Price : 585.76, Cost : $180,917,248

Options Fast Facts -

CBOE Put/Call Ratio – 0.40
Highest Multiple Over Daily Average – SRAC with 11x the ADV of 1504. There were 13468 calls and 3011 puts.
Ticker with Most Contracts –PLTR with 1480655 contracts traded today with an AVD of 297394. There were 893284 calls and 587371 puts.
Largest Put / Call Ratio – JNK with a 112 P/C ratio. There were 11789puts and 105 calls.
Largest Call / Put Ratio – STM with a115 C/P ratio. There were 28581 calls and 248 puts.
*Stocks must be >$6, Highest Multiple must have >1k ADV, Largest ratios must have an option volume >10k

Yesterday's Picks -

JMIA 36.89 -0.72,(-1.91%)
GME 16.08 +1.33,(+9.02%)

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 -

First Classic Unusual Options Activity Pick –

Ticker:TSLA 585.55,11.55(+2.01%) Earnings: 2021-02-02
Name :Tesla, Inc.
Industry : Motor Vehicles

Option Information –

DEC’18 20 720.0C – 461 @ 15.90 were traded at 11:28:00 as a SWEEP Spot Price: 588.29
DEC’18 20 720.0C – 400 @ 15.52 were traded at 12:17:00 as a SWEEP Spot Price: 590.75

News –

2020-11-27 13:52:45:10 Best Stocks in the Nasdaq This Past Week: Moderna Rises
The top 10 best-performing stocks in the Nasdaq over the past week included Moderna, Tesla and Zoom Video Communications. See the rest on TheStreet.
2020-11-27 13:23:00:Stock Market Today: Nasdaq Notches Another High as COVID’s Spread Worsens
The broader markets closed the week with a passive partial session on Black Friday as setbacks in the fight against COVID challenged investors yet again to rethink their vigorous rotation into value stocks. AstraZeneca ( AZN ) reported that its scientists accidentally gave half-doses of its vaccine to one batch of volunteers – a mistake that could delay approval until more data can be gathered. Meanwhile, the U.S. tallied another 100,000 coronavirus cases on Thanksgiving and reported record hospitalizations (90,481) for the 17th consecutive day. SEE MORE The 13 Best Healthcare Stocks to Buy for 2021 The Dow Jones Industrial Average finished up 0.1% to 29,910, while the Nasdaq Composite closed with a solid 0.9% gain to a record-high 12,205, led by Google parent Alphabet ( GOOGL , +1.3%) and Netflix ( NFLX , +1.3%). The Nasdaq also enjoyed a bump from Tesla ( TSLA , +2.1%), whose shares have continued their wild 2020 rally amid enthusiasm for EV stocks , given what should be an accommodative Joe Biden administration .

Sympathy Stocks for : TSLA

GM, F, TM, HMC

This stock was mentioned twice on Nov-09-2020 and Nov-17-2020 at a closing price of 421.27and 441.52.

Company Description for :TSLA

(‘TSLA’, ‘Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. It also provides vehicle service centers, supercharger station, and self-driving capability. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture and sale of electric vehicles. The Energy Generation and Storage segment includes the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of electricity generated by its solar energy systems to customers. It develops energy storage products for use in homes, commercial facilities and utility sites. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.’)

Second Classic Unusual Options Activity Pick -

Ticker:BEKE 64.46,3.96(+6.54%) Earnings: None
Name :KE Holdings, Inc.
Industry : Internet Software/Services

Option Information –

DEC’18 20 80.0C – 1,500 @ 1.45 were traded at 12:42:00 as a BLOCK Spot Price: 64.03
DEC’18 20 80.0C – 1,499 @ 1.40 were traded at 11:53:00 as a BLOCK Spot Price: 64.86

News –
No news for today

Sympathy Stocks for : BEKE

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Company Description for :BEKE

(‘BEKE’, ‘KE Holdings, Inc. operates as a holding company which interest in operating an integrated online and offline platform for housing transactions and services through its subsidiaries. The company was founded on July 6, 2018 and is headquartered in Beijing, China.’)

What are your thoughts?

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