Paper Buys 7,371 PG May 85 Calls for $0.26 (2.2 times usual voulume) with stock trading at $80.82
Paper Bought 4,000 LTD May 50 Calls for $0.61 (5.5 times usual volume). with stock at $48.06
Paper Bought 1,042 WTI May 12.5 calls for $0.25 (8.8 times usual volume) whan stock was trading at $10.98
Paper Buys 400 KMI May 40 Calls for $0.25 (2.4 times usual volume) when stock trading at $38.56
Paper Buys 880 SUPN Sep 6 Calls for $0.35 (3.4 time usual volume) when stock was trading $5.10

Internet giant Google (NASDAQ: GOOG) gained +23% net revenue for Q1 while the income from the acquired Motorola Mobility division grew by $460 million. The company could possibly open retails stores by the end of 2013 to expand its consumer electronics division.

McDonald’s Corporation (NYSE: MCD) earnings showed a low growth of only +0.3%, below analyst estimates. The company cited weak economic conditions for its overall -1% drop in global comparable sales. The decline in customers dining out and increased competition from brands like Wendy’s Co (NASDAQ: WEN) and Burger King Worldwide Inc. (NYSE: BKW) chipped away MCD’s value-based strategies to keep customers flocking.

International Business Machines Corp. (NYSE: IBM) witnessed $1.26 billion drop in revenue, -5.5% below analyst estimates. Revenue from hardware sales dropped 17% overall while the slow software sales and low numbers of completed transactions brought down estimates for Q1. 

—
Raza Khan
KOTM Contributor
Raza@KeeneOnTheMarket.com

My Trade:  Buying the June-May 15-20 Call Spread Swap (same as buying the June 15-20 Call Spread and Selling the May 15-20 Call Spread for $.10 debit)

Risk: $500 per 1 lot
Reward: $500 per 1 lot
Goal of this Trade: Vix May Futures expire at $14.90 and June Futures stay at $18.  The front month Call Spread will go to zero and the back month Call Spread will be worth around $3.

Greeks of this Trade:
Delta: Short
Gamma:Short
Theta: Long
Vega: Long

—
Andrew Keene
President/Founder
Andrew@KeeneOnTheMarket.com

Paper Buys 10,000 DELL Aug 11-10 Put Spreads for $0.09 (2.1 times usual volume) with stock trading at $13.45
Paper Buys 7,371 PG May 85 Calls for $0.26 (2.2 times usual voulume) with stock trading at $80.82
Paper Buys 26,440 PBR Jun 20 Calls for $0.08 (3.3 times usual volume) with stock trading at $16.35
Paper Sells 9,000 MO Apr 35 Calls for $0.14 (2.6 times usual volume) with stock trading at $35.18
Paper bought 4000 LTD May 50 Calls for $0.61 (5.5 times usual volume).