Posts Tagged ‘KKD’

Traders Sweet On Krispy Kreme Puts Ahead Of Earnings After The Close

 

Today’s tickers: KKD, GE & RAD

KKD - Krispy Kreme Doughnuts, Inc. – Options on Krispy Kreme are more active than usual on Thursday ahead of the company’s fourth-quarter earnings report after the final bell this afternoon. Shares in KKD slipped into negative territory earlier in the session, but have since reversed course to trade up 1.1% on the day at $15.12 as of 12:05 p.m. in New York. The doughnut maker’s shares, up nearly 60% year-to-date, have more than doubled since mid-November of 2012. Some options traders appear to be positioning for shares in Krispy Kreme to pullback after earnings. Bearish options are changing hands at the April $13 strike, with upwards of 1,800 puts in play versus open interest of 153 contracts. Time and sales data suggests much of the volume was purchased in the early going at a premium of $0.35 each. Put buyers stand ready to profit at expiration next month should shares in KKD drop 16% from the current price of $15.12 to breach the effective breakeven point on the downside at $12.65. Interest in the April $14 strike puts is on the rise as well today, with around 130 contracts purchased during morning trading at a premium of $0.60 apiece.

GE - General Electric Co. – Weekly calls in play on General Electric this morning predict shares in the name will rise to the highest level since October of 2008 during the next six trading sessions. GE shares, up better than 11% year-to-date, tacked on 0.90% today to trade at $23.70 by 11:10 a.m. ET. One or more traders anticipating fresh multi-year highs in GE’s shares in the near term appear to have purchased roughly 3,000 calls at the Mar. 22 ’13 $24 strike for an average premium of $0.10 per contract. The contracts may be profitable at expiration next week in the event that General Electric Co.’s shares rally another 1.7% over the current price of $23.70 to surpass the average breakeven point on the upside at $24.10. Call buyers may…
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NutriSystem Call Options Active As Shares Move Higher

 

Today’s tickers: NTRI, APKT & KKD

NTRI - NutriSystem, Inc. – Traders hoping to expand their wallets in the New Year are turning their attention to weight management services provider, NutriSystem, Inc., as shares in the name move up sharply, adding to recent gains. NTRI and its competitors are seen as beneficiaries of the perennial flood of “Resolutioners” that crowd into gyms, fitness centers and nutritionists offices touting various goals for the New Year. Shares in NutriSystem are currently up better than 7.5% on the day, and nearly 15% for the week, to stand at $8.97 as of 11:40 a.m. ET in New York trading on Friday. One or more options traders positioning for shares in NutriSystem to extend gains during the first few months of the New Year snapped up calls in the February and March expiries this morning. Roughly 1,100 call options changed hands at the Feb. $9.0 strike during the first half of the session, with most of the volume purchased for an average premium of $0.20 apiece. Traders long the calls stand ready to profit at expiration should shares in NTRI rally another 2.6% over the current price of $8.97 to top the average breakeven point at $9.20. Bullish activity spread to the Mar. $10 strike, where around 450 calls appear to have been purchased for an average premium of $0.15 each. Call buyers may profit at March expiration in the event that NTRI shares increase at least 13% over the current level to exceed $10.15 during the next 11 weeks. Shares in the provider of ready-to-eat meals last traded above $10.15 back in October of last year. Even after including this week’s gains in the price of the underlying, shares in NutriSystem are still down more than 40% since this time last year.

APKT - Acme Packet, Inc. – Double-digit percentage gains in shares of Acme Packet on the back of an upgrade to ‘Buy’ from ‘Hold’ at Stifel Nicolaus with a 12-month target share price of $27.00 on Friday has landed some options traders with hefty overnight paper profits on…
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Options Volume On HPQ Jumps As Shares Dive To Lowest In A Decade

 

Today’s tickers: HPQ, KKD & ABX

HPQ - Hewlett-Packard Co. – Shares in HPQ fell to their lowest level in a decade on Tuesday after the company announced fourth-quarter results that missed analyst expectations for sales and included an $8.8 billion impairment charge related to its Autonomy business. Options on the PC maker are seeing heavy volume amid an ugly selloff in the price of the underlying, currently trading down 11% at $11.84 as of 12:35 p.m. ET. Nearly 250,000 call and put options have changed hands on the stock versus the average daily options volume of 47,726 contracts. Calls are slightly more active than puts, with the call-to-put ratio hovering around 1.1 in early-afternoon trading. Weekly calls, specifically the Nov. 23 ’12 $12 strike contracts, attracted particularly heavy trading traffic today. It looks like some strategists are betting the stock could rebound somewhat off its post-earnings report lows by the end of the week. Upwards of 23,000 of the $12 strike weekly calls traded in the first half of the session today against open interest of just 696 contracts. It appears most of these contracts were purchased for an average premium of $0.10 apiece, and may mean some options market participants are placing cheap near-term bullish bets on the computer maker. Traders long the weekly contracts make money as long as shares in HPQ increase 2.2% over the current price of $11.84 to settle above the average breakeven price of $12.10 at expiration.

KKD - Krispy Kreme Doughnuts, Inc. – It’s a sweet day for investors in Krispy Kreme Doughnuts, Inc., with shares in the name soaring 22.5% on the back of better-than-expected third-quarter earnings to the highest level in more than a year. Shares in the doughnut maker are off earlier highs, but continue to trade up approximately 20% on the session at $9.04 as of 11:50 a.m. ET. Buyers of bullish options on Krispy Kreme yesterday prior to the earnings report are enjoying sizable overnight…
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Smucker’s Calls In Focus As Shares Soar To Record High

 

Today’s tickers: SJM, LVS & KKD

SJM - J.M. Smucker Co. – Bullish bets initiated on branded food maker, J.M. Smucker Co., earlier this week are paying off for some strategists following the release of the company’s first-quarter earnings report ahead of the opening bell. Better-than-expected first-quarter earnings and revenue along with the firm’s full-year earnings guidance now at the top end of its previously forecasted range sent the price of the underlying stock soaring 6.5% to a new all-time high of $84.10 this morning. Traders positioning for a post-earnings report pop in the share price picked up around 250 of the Aug. $80 strike puts earlier this week for an average premium of $0.70 per contract. These calls, which are in their final day of trading before expiration, are now deep in-the-money, displaying a last-traded price of $3.70 as of 12:10 p.m. in New York. Traders who paid $0.70 apiece for the contracts have seen the value of the call options quadruple this week. Meanwhile, fresh bullish action in Smucker’s call options spread to the Sept. $85 strike where approximately 330 calls were purchased for an average premium of $0.65 apiece. The trader or traders purchasing the contracts profit if shares in SJM continue high to top a fresh record-high of $85.65 by September expiration.

LVS - Las Vegas Sands Corp. – Shares in the casino resort operator slumped to a 52-week low of $34.72 at the end of July on concerns over slowing growth in China and as gaming growth in Macao slipped to its lowest level in three years. But, the stock has managed to pare some of its losses during the first few weeks in August, rising 1.25% to $41.69 this morning, marking a 20% rebound in the price of the underlying off the July low. A debit call spread initiated in the weekly options expiring next Friday suggests one options player is positioned to benefit from further gains in the…
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Weekly Put Buyers Eye Further Downside In Caterpillar


Today’s tickers: CAT, KKD & JBLU

CAT - Caterpillar, Inc. – Shares in Caterpillar are down for the third straight day, trading 2.1% lower on Thursday afternoon at $106.68 as of 12:50 p.m. in New York following the release of weaker manufacturing data from Germany and China. Activity in the newly issued weekly options on the machinery maker suggests some traders anticipate the downside move in the shares will continue in the near term. Bearish positions were initiated at the Mar. ’30 $100 strike, where more than 1,000 puts were purchased for an average premium of $0.35 apiece. Traders long the $100 puts profit at expiration next week in the event that CAT’s shares decline another 6.6% to breach the average breakeven price of $99.65. Shares in Caterpillar last traded below $99.65 in mid-January.

KKD - Krispy Kreme Doughnut, Inc. – Options on Krispy Kreme are more active than usual today, with shares in the doughnut retailer down 6.6% at $7.25 this afternoon. More than three times as many call options are changing hands on KKD as put options, but most of the volume appears to be bearish. Front month $7.5 strike calls traded around 1,200 times so far today against open interest of 415 positions. It looks like most of the call options were sold this morning for $0.25 to $0.30 per contract. Perhaps call sellers are throwing in the towel on the possibility for a near-term rebound in shares of the doughnut maker. Alternatively, some of the volume today may be the work of traders cutting their losses on bullish positions initiated yesterday afternoon. Open interest in the April $7.5 strike calls suggests buyers shelled out $0.65 per contract for a couple hundred contracts on Wednesday. These positions more than halved in value overnight.…
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SINA Corp. Puts In High Demand As Shares Slide

Today’s tickers: SINA, BLK, KKD & SCHW

SINA - Sina Corp. – Shares in SINA Corp. quickly surrendered gains enjoyed at the open of U.S. markets, plunging as much as 11.2% to $56.05 before recovering somewhat to stand 4.5% lower on the day at a fresh 52-week low of $60.30, as of 11:30 AM in New York trade. The steep drop in SINA’s shares reportedly followed what some say is the misreading of an article in the Chinese-language version of the Wall Street Journal that mentioned the company in close proximity to research firm Muddy Waters. Shares are well off their lowest point of the session, but have not fully recovered from the selloff. Investors were quick to initiate bearish stances on the stock using put options after the stock turned-tail in early trade. Heavy trading traffic in the weekly put options indicates some traders are taking short-term bearish positions on the Chinese internet company in case shares in the name continue to come under fire over the next several sessions to expiration. Deep out-of-the-money puts are attracting substantial volume, with more than 3,900 puts changing hands at the Dec. ’02 $50 strike against open interest of just 14 contracts. It looks like investor purchased the majority of the puts at this strike for an average premium of $0.85 a-pop. Put volume exceeds 3,500 contracts up at the Dec. ’02 $55 and $57.5 strikes, as well. Options expiring on December 16 are quite active this morning, although not all transactions appear to be the work of bearish players. One investor sold a block of 3,881 puts at the Dec. $40 strike to pocket premium of $0.50 per contract. The trader walks away with the full amount of premium as long as shares in SINA Corp. top $40.00 at December expiration. SINA’s shares are down roughly 60.0% off their April 19, 2011, 52-week high of $147.12. Put buyers may profit if shares in the name continue to slide in the next few weeks.

BLK - BlackRock, Inc. – The investment management company’s shares took off this morning, rallying as much as 6.0% to an intraday high of $160.34. The sharp rebound erases the prior week’s pullback, although the stock continues to trade at a roughly 25% discount to its March 3, 2011, 52-week high of $209.77. One investor responsible for big prints in Jan. 2012 contract put options is prepared in the event that BlackRock’s…
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Bullish Speculator Hits the Mark with Cheniere Energy Strategy

Today’s tickers: LNG, WMB, KKD & LVS

LNG - Cheniere Energy, Inc. – How much would you be willing to pay for call options with five months to expiration to gain the right to buy a $7.74 stock for $12.00 a share? In the case of Cheniere Energy, one bullish strategist was willing to pay an average of $0.82 per contract, a total price tag of approximately $1.64 million, for some 20,000 September $12 strike calls back on April 14. Shares in LNG at that time had fallen 23.0% since the previous week to trade around $7.74 on the date the calls were purchased. The sizable bullish play on LNG last month left us to consider what the impetus behind such a trade might be, as well as what might be expected to drive shares up 55.0% in the five months to expiration. On Friday shares in the liquefied natural gas (LNG) provider surged 44.5% to $11.11 on news the company received government approval to export fuel to more countries. Cheniere’s shares rallied as much as 15.3% over Friday’s high of $11.11 to touch today’s intraday- and new 52-week high of $12.81 on news of the approval. Whether the call buyer was speculating on a post-export approval rally or not is unknown and perhaps rather unimportant at this point. The decision to buy the calls outright for an average premium of $0.82 per contract has, for the time being, proven well worth the initial cost. September $12 strike calls on Cheniere Energy cost as much as $2.85 per contract this morning, that’s roughly 3.5 times as much as the investor paid for the options back in April. The initial play saw the speculator layout $1.64 million, which today was worth as much as $5.7 million. Open interest of 21,483 calls at the September $12 strike suggests the investor is not surprised by the jump in value and as such shows no signs of closing the position just yet. At expiration, the trader profits…
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Bullish Players Sink their Teeth into Krispy Kreme Calls

Today’s tickers: KKD, JPM, NYT & AEO

KKD - Krispy Kreme Doughnuts, Inc. – Bulls are bingeing on Krispy Kreme call options today after the firm sweetened its outlook for 2011 operating income to a range of $17 million to $20 million, up from previous estimates of $13 million to $17 million. The maker of the popular Original Glazed doughnut said it earned $2.4 million in the third quarter, or $0.03 a share, after the closing bell on Wednesday. Analysts, on average, were expecting KKD to post a third-quarter loss of $0.01 a share. Shares in Krispy Kreme jumped 19.8% following earnings to hit an intraday- and new 52-week high of $7.38 today. The better-than-expected earnings report and rosier outlook for next year’s performance inspired strong demand for call options on the doughnut maker. More than 5,480 options, nearly all of them calls, changed hands on Krispy Kreme by 12:55 pm in New York, versus overall previously existing open interest of 6,271 contracts. Investors purchased more than 1,340 calls at the December $7.5 strike for an average premium of $0.22 a-pop. Call buyers make money if Krispy Kreme’s shares rally another 4.6% over today’s high of $7.38 to surpass the average breakeven point at $7.72 by December expiration. Bullish sentiment spread to the January 2011 $7.5 strike where another 1,040 call options were picked up at an average premium of $0.34 apiece. Investors holding these contracts are poised to profit should shares in KKD surge 6.3% to trade above $7.84 ahead of expiration day in January. Krispy Kreme’s overall reading of options implied volatility is lower by 9.2% to stand at 52.47% as of 1:00 pm in New York.

JPM - JPMorgan Chase & Co. – Shares of the financial services firm are on the mend, and one bullish options strategist…
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Zero Hedge

The Bulls Continue To Bet On The Fed

Courtesy of ZeroHedge. View original post here.

Authored by Lance Roberts via RealInvestmentAdvice.com,

Over the last several weeks, we have been discussing the potential for a market correction simply due to divergences in the technical indicators which suggested near-term market risk outweighed the reward. As is generally the case, bonds have been warning the bullish bias of equity investors was likely misplaced. I have updated last week’s chart for reference. ...



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Phil's Favorites

Assange's new indictment: Espionage and the First Amendment

 

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Assange’s new indictment: Espionage and the First Amendment

Courtesy of Ofer Raban, University of Oregon

Julian Assange, the co-founder of WikiLeaks, has been charged by the U.S. Department of Justice with a slew of Espionage Act violations that could keep him in prison for the rest of his life.

The new indictment expands an earlier one charging Assange with conspiring w...



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Insider Scoop

Jefferies Sees 60-Percent Upside In Aphria Shares, Says Buy The Dip

Courtesy of Benzinga.

After a red-hot start to 2019, Canadian cannabis producer Aphria Inc (NYSE: APHA) has run out of steam, tumbling more than 31 percent in the past three months.

Despite the recent weakness, one Wall Street analyst said Friday that the stock has 30-percent upside potential. 

The Analyst

Jefferies analyst ...



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Kimble Charting Solutions

DAX (Germany) About To Send A Bearish Message To The S&P 500?

Courtesy of Chris Kimble.

Is the DAX index from Germany about to send a bearish message to stocks in Europe and the States? Sure could!

This chart looks at the DAX over the past 9-years. It’s spent the majority of the past 8-years inside of rising channel (1), creating a series of higher lows and higher highs.

It looks to have created a “Double Top” as it was kissing the underside of the rising channel last year at (2).

After creating the potential double top, the DAX index has continued to create a series of lower highs, while experiencing a bearish divergence with the S...



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Chart School

Brexit Joke - Cant be serious all the time

Courtesy of Read the Ticker.

Alistair Williams comedian nails it, thank god for good humour! Prime Minister May the negotiator. Not!


Alistair Williams Comedian youtube

This is a classic! ha!







Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann Angles, ...

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Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control

 

Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...



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Biotech

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

Reminder: We are available to chat with Members, comments are found below each post.

 

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University

...



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ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

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Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

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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...

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