Posts Tagged ‘ABV’

Options Point To Further Upside For Beer Brewer Ambev

 

Today’s tickers: ABV, SYY & RDEA

ABV - Ambev – Stocks across the board are selling off today on renewed European concerns and disappointing data points out of China and Europe, but the pullback appears not to have deterred some optimism in options on the world’s fourth-largest brewer, Ambev. The sizable options play on ABV, which is majority-owned by Anheuser-Busch InBev, suggests the strategist is positioning for shares in the name to hit new all-time highs by May expiration. The transaction this morning looks nearly identical to a spread initiated on Ambev on Friday afternoon when the stock touched a record high of $44.63. Shares in the distributor of Stella Artois and Beck’s in Latin America are down 2.6% this afternoon to stand at $43.04 as of 12:25 p.m. in New York. The options trades established this morning and on Friday reduce the cost of upside exposure to the stock ahead of the brewer’s first-quarter earnings report next week. The transaction this morning involved the sale of 3,000 puts at the May $39 strike against the purchase of the same number of calls at the May $48 strike for a net credit of $0.10 apiece. Friday’s trade, the sale of 3,000 May $40 strike put options against the purchase of 3,000 May $48 strike calls, was initiated at zero cost to the trader. The investor responsible for the trade this morning keeps the full $0.10 net credit as long as shares exceed $39.00 through expiration while additional profits are available to the upside should the stock surge 11.5% to top $48.00.

SYY - Sysco Corp. – Food distributor, Sysco Corp., popped up on our ‘hot by options volume’ market scanner this morning after a large number of put options were purchased in the front month. The influx of…
continue reading


Tags: , ,




Bearish Players Eye Men’s Wearhouse Put Options Ahead of Earnings

Today’s tickers: MW, ABV, ANR & ODP

MW - The Men’s Wearhouse, Inc. – Investors are posturing in Men’s Wearhouse put options this afternoon ahead of the retailer’s first-quarter earnings report after the final bell. Shares in the Houston, TX-based company are well off their lows of the session, but still trade 0.65% lower today at $30.61 as of 1:35pm on the East Coast. One options strategist donned a debit put spread in the June contract to position for the price of the underlying shares to fall. The trader picked up 1,500 puts at the June $30 strike for a premium of $1.25 each, and sold the same number of puts at the lower June $28 strike at a premium of $0.47 a-pop. Net premium paid to initiate the spread amounts to $0.78 per contract. The investor profits if shares in Men’s Wearhouse drop 4.5% post-earnings to breach the effective breakeven price of $29.22. Maximum potential profits of $1.22 per contract pad the investor’s wallet in the event that MW’s shares plunge 8.5% in the next week and a half to trade below $28.00 at June expiration. Options implied volatility on the clothing company currently stands 7.7% higher on the session at 50.64%. Investors have exchanged a total of 6,295 call and put options on the stock as of 1:40pm, which is substantial relative to MW’s total open interest of 11,578 contracts. Pre earnings report options players are exchanging more than 3.5 put options on the stock for each single call option on the retailer this afternoon.

ABV - AmBev – Shares in AmBev, a subsidiary of global brewing company Anheuser-Busch InBev, rose nearly 1.1% at the start of the trading session to $31.94. Activity in AmBev call options this morning suggests one strategist expects shares in the biggest brewery in…
continue reading


Tags: , , ,




 
 
 

ValueWalk

AstraZeneca Shares Slide After Weak Covid Vaccine Results

By Gorilla Trades. Originally published at ValueWalk.

Commenting on AstraZeneca’s Covid vaccine results and today’s trading, Gorilla Trades strategist Ken Berman said:

Q3 2020 hedge fund letters, conferences and more

AstraZeneca Shares Fall After Annoucing Weak Results Of Its Covid Vaccine

The major indices are mixed and flat at midday despite a positive start to the session on Wall Street. The Nasdaq’s relative weakness has been weighing on the broader market in early trading, following yet another promising ...



more from ValueWalk

Kimble Charting Solutions

Transports Sending Strong Bullish Message To Other Dow Indices?

Courtesy of Chris Kimble

Are Transportation stocks about to send a quality bullish message to other Dow indices this month? Sure could be!

This 3-pack looks at the Dow Jones Industrials, Transports, and Utilities indices on a monthly basis.

One week from the end of a month, the DJ Transports are attempting an important bullish breakout at (1). Unless a sharp reversal takes place in the next week, Transports could close out the month at new monthly closing highs!

The Dow is attempting to close at all-time highs this month, while the Dow Utilities Index remains a few percent below 2020 highs....



more from Kimble C.S.

Phil's Favorites

The Untold Story of Mnuchin's Demand for the Fed to Shut Down Emergency Lending Programs

Courtesy of Pam Martens

Actress Louise Linton and Husband, U.S. Treasury Secretary Steve Mnuchin

Fourteen days before U.S. Treasury Secretary Steve Mnuchin released a letter to Federal Reserve Chair Jerome Powell, demanding the return of taxpayers’ money and the end to specific Fed emergency programs by the end of the year, four Senate Democrats had...



more from Ilene

Zero Hedge

Navy To Test Resupply Drones For Warships 

Courtesy of ZeroHedge View original post here.

The Naval Air Warfare Center Aircraft Division (NAWCAD) recently launched a pilot program to assess just how useful delivery drones are for hauling critical cargo to surface ships, read a US Navy press release

NAWCAD engineers and military pilots are set to evaluate a commercially procured logistics Unmanned Air System (UAS) prototype - called the Blue Water Maritime Logistics UAS - for long-range naval ship-to-ship and ship-to-shore cargo transp...



more from Tyler

Biotech/COVID-19

COVID-19 vaccines were developed in record time - but are these game-changers safe?

 

COVID-19 vaccines were developed in record time – but are these game-changers safe?

The pandemic rages as the world waits for COVID-19 vaccines. Peter Zelei Images/Getty Images

Courtesy of William Petri, University of Virginia

There are now two COVID-19 vaccines that, at least according to preliminary reports, appear to be 94.5% and ...



more from Biotech/COVID-19

Politics

Why Trump's election fraud claims aren't showing up in his lawsuits challenging the results

 

Why Trump's election fraud claims aren't showing up in his lawsuits challenging the results

Trump lawyer Rudy Giuliani alleges election fraud during a news conference at the Republican National Committee headquarters, Nov. 19, 2020, in Washington. Jacquelyn Martin/AP Photo

Courtesy of Steven MulroyUniversity of Memphis

There seems to be a real disconnect betwee...



more from Politics

Digital Currencies

Dalio Admits "I Might Be Missing Something" As Bitcoin Surges Above $18,000

Courtesy of ZeroHedge

Since the US election, Bitcoin prices (in USD) have surged a stunning 40%, also lurching higher after each vaccine headline hit.

Source: Bloomberg

Getting ever closer to its all-time record high...

Source: Bloomberg

As crypto prices soared overnight, Bridgewater Associates founder Ray Dalio stepped back into the fray, saying in a Twitter thread that “I might be missing something about Bitco...



more from Bitcoin

Chart School

Inflation Deflation Cycle Review

Courtesy of Read the Ticker

Structural change forces the current narrative to change. One such structural change would be a period elevated inflation.

Inflation is a condition which effects many economic models, we only have to review the history books of the 1970's to see how asset classes reacted then and how they may react in the future. 

In periods of inflation there are short periods of deflation, as markets adjust from one theme to another it usually does so with some pain. The short answer: Nothing moves in a straight line and high volatility will shock the most experience investor.  

Long term cycles raise the question, if happened before is it likely to happen again. Price does not always fit the sine wave cycle neatly, but if the cycle is tru...

more from Chart School

Mapping The Market

COVID-19 Forces More Than Half of Asset Management Firms to Accelerate Adoption of Digital Marketing Technology

By Jacob Wolinsky. Originally published at ValueWalk.

There is no doubt that the use of technology to support client engagement initiatives brings both opportunities and threats but this has been brought into sharp focus this year with the COVID-19 pandemic.

The crisis has brought to the fore the need for firms to enable flexibility in client engagement – the expectation that providers will communicate to clients on their terms, at their speed and frequency and on their preferred channels, is now a given. This is even more critical when clients are experiencing unparalleled anxiety from both market conditions and their own personal circumstances.

...

more from M.T.M.

The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



more from Tech. Traders

Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



more from Lee

Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

http://www.insidercow.com/ more from Insider

Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

more from Promotions





About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.