CA Technologies, Inc. (CA) Unusual Options Activity Leads to Profits for Traders

CA Technologies, Inc. (CA) provides information technology management software and solutions. CA is trading at $29.91 around the middle of its 52 week range of $25.25-$33.42. Year to date the stock has underperformed the market, falling by 1.84%. The stock sold off today by about 0.37% or $0.11.

Early in the session a trader bought 3,000 of the CA August 33.0 Calls for $0.25 when the stock was trading at $30.06. This investor was most likely establishing a long term position considering the August Calls were bought instead of the June or July contracts. This order was recorded about half an hour after the open on OptionHacker, and the stock rose about $0.08 to $30.14 after the trade hit the tape. Over 3,136 contracts have been traded on that line today hinting at bullish sentiment. The CA August 33.0 Calls for $0.25 have traded as high as $0.50 today making this a profitable trade. This stock has been trading above and below the Ichimoku Cloud for a few weeks now. The Ichimoku Cloud continually switches between bullish and bearish clouds indicating varying trends. The cloud remains thin meaning there is not a dominant trend in the graph of CA.

Trade: A trader bought 3,000 of the CA June 33.0 Calls for $0.25
Risk: $25 per 1 lot
Breakeven: $33.25

If a trader bought a 20 lot of these Calls they would have profited $500 at the highs on $500 in risk. This is a great example of profitable UOA.

Verifone Systems Inc. (PAY) Releases Earnings after the Bell

Verifone Sytems Inc. (PAY) is a holding company engaged in secure electronic payment solutions. The stock is currently trading around $38.68 at the upper end of its 52 week range of $28.19-$39.25. The stock has been outperforming the market this year rallying of 3.92% year to date. PAY is scheduled to report earnings after the bell today, and the stock is lower on the session by around $0.20 or 0.51% ahead of the close.

Over the past 12 quarters PAY has rallied on earnings day 6 times with an average move of 10.29%. Over the past 12 quarters PAY has rallied from earnings to the nearest options expiration 7 times with an average move of 14.13%. The stock looks as if it could continue its recent trend and rip to the upside in today’s session despite being down a few cents. Investors are mainly looking to see if the collaboration between Visa and Verifone Systems to streamline the omni-channel commerce worldwide will beat the estimated 42 cents per share expectation. Other investors are looking to see a continued growth in revenue because Verifone Systems is an industry leader in this category.

The options market is currently implying a move of around $2.40 or 6.2% in PAY by this Friday’s close giving us targets of $36.28 and $41.08.

Five Below Inc. (FIVE) Earnings Preview

Five Below Inc. (FIVE) is a specialty retailer that sells merchandise mainly to a teen and a pre-teen customer base. The stock is currently trading around $34.47 at the middle of its 52 week range of $28.51-$47.89. The stock has been underperforming the market this year at a rate of 15.55% year to date. FIVE is scheduled to report earnings after the bell today, and the stock is higher on the session by around $0.21 or 0.61% ahead of the close.

Over the past 12 quarters FIVE has rallied on earnings day 6 times with an average move of 9.45%. The stock appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud for a few days. Over the past 12 quarters FIVE has rallied from earnings to the nearest options expiration 8 times with an average move of 7.17%. The stock looks as if it could continue its trend and rip to the upside in today’s session. Investors are mainly looking to see how the newly opened stores will fare after retail numbers have continued to disappoint month after month.

The options market is currently implying a move of around $3.70 or 10.7% in FIVE by this Friday’s close giving us targets of $38.17 and $30.77.

Earnings before the Bell Tomorrow from Ciena Corporation. (CIEN)

Ciena Corportation. (CIEN) provides communication networking equipment, software and services to support video and data traffic. The stock is currently trading around $24.66 at the very top of its 52 week range of $13.77-$24.66. The stock has been strongly outperforming the market this year rallying 27% year to date. CIEN is scheduled to report earnings before the bell tomorrow morning, and the stock is higher on the session by around $0.46 or 1.90% ahead of the close.

Over the past 12 quarters CIEN has rallied on earnings day 8 times with an average move of 9.93%. CIEN appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud for today’s session. Over the past 12 quarters CIEN has rallied from earnings to the nearest options expiration 8 times with an average move of 11.99%. The stock looks as if it could continue its trend of ripping to the upside in today’s session. The Ichimoku Cloud has consistently changed trends, but has been bullish today and shows a growing cloud for today’s trading session. Investors are mainly looking for a higher number of orders from international customers to boost Ciena’s top line. Other points to watch out for is the diversification and expansion of its customer base and addressable market as well as growing demand for cloud-based on-demand networking capabilities and how this will affect revenue.

The options market is currently implying a move of around $1.82 or 7.38% in CIEN by this Friday’s close giving us targets of $22.84 and $26.48.

CSR PLC (CSRE) Earnings Preview

CSR PLC. (CSRE) is a United Kingdom-based holding company and is a provider of silicon, software and services for the consumer electronics market. The stock is currently trading around $54.10 at the upper end of its 52 week range of $33.88-$55.63. The stock has been performing in line with the market this year at a rate of 2.73% year to date. CSRE is scheduled to report earnings before the bell tomorrow, and the stock is higher on the session today ahead of the release by around $0.50 or 0.93% ahead of the closing.

Over the past 12 quarters CSRE has rallied on earnings day 4 times with an average move of 13.35%. CSRE appears bullish on a chart going into the release. Over the past 12 quarters CSRE has rallied from earnings to the nearest options expiration 4 times with an average move of 25.93%. The stock looks as if it could continue its upward trend in today’s session before the close. The Ichimoku Cloud appears to have a growing size indicating a bullish trend. The stock has been trading well above the cloud since the beginning of May and looks to continue its trend as all indicators are ripping to the upside. Investors are mainly looking to see how the strong USD will impact revenue growth for this quarter.

The options market is currently implying a move of around $1.93 or 3.60% in CSRE by this Friday’s close giving us targets of $56.03 and $52.19.

Vera Bradley Inc. (VRA) Scheduled to Release Earnings before the Bell Tomorrow

Vera Bradley Inc. (VRA) is a designer, producer, marketer, and retailer of functional accessories for women. The stock is currently trading around $13.87 at the middle of its 52 week range of $13.15-$27.17. The stock has been underperforming the market this year falling by 31.84% year to date. VRA is scheduled to report earnings before the bell tomorrow morning, and the stock is higher on the session by around $0.64 or 4.83% ahead of the close.

Over the past 12 quarters VRA has rallied on earnings day 3 times with an average move of 7.65%. VRA appears bearish on a chart going into the release having traded under the Ichimoku Cloud for a few months. Over the past 12 quarters VRA has rallied from earnings to the nearest options expiration 5 times with an average move of 6.46%. The stock looks as if it could continue its trend of trading lower especially in today’s session. The Ichimoku Cloud has grown to a large size indicating a strong bearish trend that will be hard to reverse. Investors are mainly looking to see the strong currency head wings will affect sales and in turn affect Earnings per Share. Vera Bradley Inc. is expected to report a decline in earnings that has been the common trend with the company.

The options market is currently implying a move of around $1.35 or 9.70% in VRA by this Friday’s close giving us targets of $12.51 and $15.20.

Weibo Corp. (WB) Unusual Options Activity Leads to a Lucrative Trade

Weibo Corp. (WB) is a social media platform for people to create, distribute and discover Chinese-language content. WB is trading at $17.12 around the middle of its 52 week range of $12.11-$26.08. Year to date the stock has outperformed the market rallying 20.75%. The stock ripped up today by about 8.08% or $1.28.

Early in the session a trader bought 2,500 of the WB June 18.0 Calls for $0.45 when the stock was trading at $16.95. This order was recorded about an hour and a half after the open on OptionHacker, and the stock rose about $0.17 to $17.12 after the trade hit the tape. Over 5,300 contracts have been traded today hinting at bullish sentiment. The WB June 18.0 Calls for $0.45 have traded as high as $1.25 today making this a profitable trade. This stock has been trading above and below the Ichimoku Cloud for a few weeks now. The Ichimoku Cloud continually switches between bullish and bearish clouds indicating varying trends. The cloud remains thin meaning there is not a prevalent trend in the graph of WB.

Trade: A trader bought 2,500 of the WB June 18.0 Calls for $0.45
Risk: $45 per 1 lot
Breakeven: $18.45

If a trader bought a 20 lot of these Calls they would have profited $1,600 at the highs on $900 in risk. This is a great example of profitable UOA.

Dollar General Corp. (DG) Releases Earnings Tomorrow before the Bell

Dollar General’s Corp. (DG) is a prominent discounted retailer focusing on serving low-middle and fixed income consumers. The stock is currently trading around $72.47 at the upper end of its 52 week range of $53.00-$76.99. The stock has been performing in line with the market this year rallying 2.69% year to date. DG is scheduled to report earnings before the bell tomorrow, and the stock is lower on the session by around $0.12 or 0.17% ahead of the close.

Over the past 12 quarters DG has rallied on earnings day 7 times with an average move of 3.68%. DG appears bearish on a chart going into the release having traded under the Ichimoku Cloud for a few days. Over the past 12 quarters DG has rallied from earnings to the nearest options expiration 9 times with an average move of 4.75%. The stock looks as if it could continue its trend and lower in today’s session. The cloud appears to be consistently changing its trend. Investors are mainly looking to see how gas prices will affect the disposable income of the low-income consumers. Other points to watch for are how they fair against the discounted retailer giant, Walmart, who increased their minimum wage which is expected to decrease profit margin.

The options market is currently implying a move of around $2.9 or 4.00% in DG by this Friday’s close giving us targets of $69.57 and $75.37.

Medtronic Inc. (MDT) Earnings Preview

Medtronic Inc. (MDT) is a medical technology, service and solutions company offering products to hospitals, physicians, clinicians, and patients in over 160 countries. The stock is currently trading around $76.44 at the upper end of its 52 week range of $58.32-$79.50. The stock has been outperforming the market this year rallying 6.16% year to date. MDT is scheduled to report earnings before the bell tomorrow, and the stock is higher on the session today ahead of the release by around $0.12 or 0.16% ahead of the closing.

Over the past 12 quarters MDT has rallied on earnings day 5 times with an average move of 2.58%. MDT appears bearish on a chart going into the release. Over the past 12 quarters MDT has rallied from earnings to the nearest options expiration 8 times with an average move of 2.33%. The cloud appears to be consistently changing its trend. Investors are mainly looking to see how the formation of a new groups within MDT targeting various illnesses being spread across Asia Pacific, the Americas, Europe, the Middle East, Africa, and China perform this quarter. Another point to watch for is how the strong USD will affect sales.

The options market is currently implying a move of around $2.00 or 2.62% in MDT by this Friday’s close giving us targets of $74.44 and $78.44.

Eli Lilly and Co. (LLY) Unusual Options Activity Reaps Profits

Eli Lilly and Co. (LLY) develops, manufactures, and sells products in two business segments; human pharmaceutical products and animal health products. LLY is trading at $78.19 around the upper end of its 52 week range of $58.50-$79.55. Year to date the stock has outperformed the market rallying,13.73%. The stock ripped up today by about 2.33% or $1.78.

Early in the session a trader bought 3,100 of the LLY June 80.0 Calls for $0.38 when the stock was trading at $77.81. This order was recorded about an hour after the open on OptionHacker, and the stock rose about $1.78 to $79.97 after the trade hit the tape. Over 9,900 contracts have been traded today hinting at bullish sentiment. The LLY June 80.0 Calls for $0.38 have traded as high as $1.15 today making this a profitable trade. This trader is most likely establishing a long position expecting the stock to continue its bullish trend for a few weeks. This stock has been trading above the Ichimoku Cloud for a few weeks now. The Ichimoku Cloud continues to grow and points the technical analysis in the direction of a bullish trend due to an increasing cloud size indicating a hard to reverse trend.

Trade: A trader bought 3,100 of the LLY June 80.0 Calls for $0.38
Risk: $38 per 1 lot
Breakeven: $78.57

If a trader bought a 20 lot of these puts they would have profited $1,540 at the highs on $760 in risk. This is a great example of profitable UOA.