Welcome to Operation Earnings

Operation Earnings is a site focusing on trading stocks with upcoming earnings utlizing option strategies.

Operation Earnings takes a full 360 degree view of the top companies reporting earnings, analyzing the fundamentals, technical view, and sentiment based on recent institutional and unusual options activity.

Utilizing option strategies such as butterfly spreads, calendar spreads, double diagonals, ratio put/call spreads, iron condors, and others, trading earnings can be very profitable with strategies that allow traders to define the reward/risk ratio.

Although many are fearful trading stocks around earnings announcements, Operation Earnings presents option trading opportunities with a high success rate that makes earnings season the best trading period of the year.

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Focus Stocks

Top Earnings Reports for the Week Ahead:

Monday: Micron (MU)

Tuesday: Walgreen (WAG) 

Wednesday: General Mills (GIS), Monsanto (MON) / Bed Bath (BBBY)

Thursday: Accenture (ACN), Lennar (LEN) / Nike (NKE)

Friday: KB Home (KBH), Finish Line (FINL)

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Earnings Snapshot of the Week

 Texas Instruments (TXN) will report earnings 1/21 after the close with the Street at $0.46 EPS and $2.99B, and FY13/FY14 at $1.93/$12.16B and $2.15/$12.61B.  TXN shares have closed higher 3 of its last 5 reports and an average 6 quarter max move of 3.25%, a Company that gives mid-quarter updates, so rarely much of a surprise.  The $47.62B Semi trades 20.17X earnings, 3.92X sales, 4.3X book and 26.7X FCF with a 2.76% yield and double digit EPS growth.  TXN is trading near a 5 year peak for P/E, P/S and P/FCF.  TXN only has 2.1% of its float short at 23.35M shares, down from 24.5M shares on 9/1.  TXN has limited growth and a lack of exciting new products, but has been focusing on shareholder-friendly activities.  Nomura downgraded TXN to Reduce on 12-12 noting that margin optimization has run its course, while on 12-10 MKM raised its target to $40 but stayed Neutral.  TXN receives 46% of sales from computing, consumer and Smartphone, and 35% from auto/industrial.  TXN's improved mix has taken margins to record highs recently, and many see some further room for expansion.  On the chart TXN shares have been resilient even during market pullbacks, trading near multi-year highs with the $40 breakout key, a level that may need to be re-tested though the 20 week EMA at $41.70 is supportive.  TXN shares have resistance at $44 for a run to $45, but RSI and MACD both in downtrends with shares trading in a sideway range, weakening momentum.  TXN options are pricing in a 3.55% move on earnings, fairly rich volatility.  TXN's February $43 put open interest has climbed to above 11,000 in the first three weeks of 2014, accumulation, while April $42 put OI at 13,580 is elevated, and on 1/14 the April $44 puts were bought 7,500X to open at $2.27 to $2.40. 

 
Trade to Consider: Long the TXN Jan. 24th (W) / February $42/$43 Diagonal Put Spread at $0.80 Debit  
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Earnings Options Action

Notable Open Interest in Names Reporting

Q2 Reporting Season
 
EA - On 7/9 Sep. $37/$41 Call Spreads Bought 10,000X; July 25th (W) 36.5/39 Call Ratio Spread 5000X10,000 at $0.36 on 7-15

FTI - Buyer of 6,250 Jan. 2015 $67.50 Calls $1.85 to $1.90 on 7-17

IRBT - Aug. $34 Puts Bought 2000X on 7/11

LLTC - Aug. $50 Calls Bought 10,000X at $0.45 to $0.50 on 7-9

XLNX - Sep. $50 Call OI at 9,474 from Large Buys

MSFT - Sizable Bullish Flow for Weeks, Notable 50,000 Contract Buy of Sep. $44 Calls in OI

EXP - 7/21 Buyer 1000 Aug. $90 Calls $3.10

PEP - Buyer of 1,925 Aug. 90 Calls $2.10 on 7-14; Notable OI in Oct. 87.5 and 90 Calls; 7/7 Buyer 5,000 Jan. 2015 $92.50 Calls $2.09

DOW - 5/28 Buyer 10,000 Jan. 2016 $55/$65 Call Spreads at $2.35; Sep. $50, $52.5 and $55 Call OI Each > 20,000

TMO - Aug. $120 Call Buyer 2,750X at $2.30 on 7-10; 7/16 Buyer 3,000 Jan. 2016 $150 Calls $5.50

FCX - Sep. $40 Calls Bought 20,000X on 7-2, Buyer of 12,800 at $0.61

TUP - Aug. $85 and $80 Puts Bought 2000X Each on 6-25
 

 
 
Q1 Reporting Season

DIS - Jan. 2015 $75/$80 Call Stupids 30,000X in OI; July $90 Call OI at 18,415 from Large Buys

LBTYA - Jan. 2016 $42.50 Calls Bought 4,500X to Open in April; June $40 Calls Bought 5,000X at $1.45 on 4-28 and Oct. $50 Calls Bought 2,000X at $0.40

EA - May $28 Short Straddles 10,000X in OI

FTR - Recent accumulation 6,100 Nov. $6 Calls and 19,570 Jan. $5 Calls

CYH - Dec. $40 and $41 Calls Each Bought 2,500X Recently; On 4/29 June $40 Calls Bought 2,000X

GNC - May $42.50 Put OI > 5,000 from Buys

RDN - On 4/30 May $14 Calls Bought 15,000+ to Open $0.40

ARRS - May $30 Call OI 8,300+ from Large Buys Months Ago (Closed Higher 3 Straight)

FOXA - Recent Accumulation of 45,000 January 2016 $42 Calls; On 3/11 July $34/$39 Call Spread Bought 6,200X w/ $30 Puts Sold to Open

CHK - Recent massive upside, Jan. $35/$40 Call Spreads Bought 30,000X, Oct. $35/$40 Call Spreads Bought 35,000X, July $31/$32 Call Stupid 10,000X, June $30/$31 Call Stupid 20,000X (Closed Lower 5 of 6 Reports)

ROC - Closed Higher 7 of Last 8 - On 4/7 Aug. $72.50 Calls Bought 3,000X at $4.50; On2 /28 Aug. $90 Calls Bought 25,000X at $3.60 (17,995 Remain)

EOG - May $100 Calls Bought 8,500X on 4-18 (Roll from April) Remain in OI

APC - Jan. 2015 $120/$135 Call Spreads Recently Bought 50,000X

CFN - On 3/24 June $41 Calls Bought 3,000X and Remain in OI

THC - On 4-17 May $40 Calls Bought 6,000X to Open $1.25

VECO - May $38 Calls Bought 2,000X to Open on 5/1

VRTX - June $75 Call OI 5,885 from 4/9 Buyer of 3,850X and Some Follow-On Buys (More for Drug Data than Earnings)

SWN - On 2-20 June $47 Calls Bought 15,000X to Open $1.05 and Remain in OI

MTW - On 2-20 trader closed 15,000 June $30 Calls $2.35 and Bought 20,000 June $33 Calls $1.25 (Current OI 11,859)

XCO - Buyer of 5,000 June $7 Calls on 4-28

LOGM - On 4/8 Sep. $40 Calls Bought 1,000X to Open

RNG - Buyer of 1,000 June $17.50 Puts $2.90 on 4/25

NCR - Jan. $40/$45 Call Spreads in OI 15,000X; On 3-4 July $35 Calls Bought 6,500X (10K in OI)

PRXL - May $45 Puts Bought 1,000X on 4/28

TWX - May $67.5 Calls Bought 12,250X on 4-9 and Remain in OI

NEE - May $97.50 Calls Bought 5,000X on 4-24 at $1.60 to $1.70 Added to OI from 4/9 when 7,500 Bought; June 90/100 Call Spread 10,000X w/ Short $80 Puts Remains in OI; On 3-24 Sep. $100 Calls Bought 10,000X (18K in OI)

HES - On 4/17 May $87.50 Calls Bought 3,500X

IP - On 4-17 Oct. $46/$40 Bull Risk Reversals Opened 7,500X; 45,000+ OI in Jan. 2015 $50 Call OI

GRMN - On 4/25 May $55 Calls Bought 6,500X to Open $1.42 (Roll Back)

EEFT - Nov. 40/55 Call Spread w/ Short $35 Puts 1000X in OI

DLB - June $40/$30 Bull R/R in OI 1,900X

STX - On 4/25 May $55 Puts Bought 5,000X to Open

HIG - On 4/22 Buyer May $35/$36 Ratio Call Spread 3,000X4,500 and Sold 3,000 May $33 Puts

XYL - On 2-18 July $40 Calls Bought 5,000x at $1.80 (3,745 in OI); Closed 10%+ Higher Last Two Reports

GT - On 3/19 July $28 Calls Bought 10,000X at $1.85; On 1/9 July $27 Calls Bought 15,000X at $1.85

SAVE - Buyer of 5,000 Dec. $70/$80 Call Spreads on 4-22 (Closed Higher 5 of Last 6)

VLO - ON 4/8 May $55 calls Bought 7,500X at $1.08; On 3/20 Sep. $57.5/$62.5 Call Spread Bought 12,00X at $2.17

ESV - On 4/14 May $52.50 Calls Bought 10,000X at $0.50 to $0.60

DBD - May $40 Puts Bought 5,000X Recently in OI

CNX - On 3/31 Oct. $42/$35 Bull Risk Reversals Opened 5,200X at $0.87 Debit
 

XLNX - On 3/24 Sep. $50 Puts Traded 5,000X to Open $1.78 Mark; June $55 Calls Bought to Open 5,000X on 2-13 at $0.73

TSCO - May $70 Puts Bought 2,550X at $2.45 on 4-3

LRCX - On 4/1 May $52.50 Calls Bought 3,000X at $4.20; June $52.5 Call OI > 4,500 from Buys

NOW - On 4/16 May $60/$65 Call Spread Bought 3,300X at $0.90

TER - May $20 Calls Bought 3,850X on 4/1; July $20 Call OI > 6,000 from Buys

FIO - May $10 Calls Bought 10,000X on 4/10; June $10/$8 Bull R/R in OI > 12,500X; On 3/12 Sep. $15 Calls Bought 5,00X at $1.10; On 3/25 Sep. $15/$9 Bull Risk Reversal, 10,000X

UPS - May $100 Call OI > 10,000 w/ 7,000 Bought on 4/2; 100,000+ Jan. 2015 $110/$120 Call Spreads in OI

MJN - On 4-1 May $90 Calls Bought 4,500X at $1.75; On 2-27 Aug. $90 Calls Bought 4,000X at $2.10 and May $90/$80 Bull R/R 3000X

SIAL - July $100 Call OI > 6,000 and Oct. $100 Call OI > 4,500 from Large Buys

DHI - Aug. $24 Call OI > 27,500 from Large Buys (Closed Higher 4 of Last 5)

JBLU - On 4-16 May $9/$8 Bull Risk Reversal Opens 5,000X at $0.10 (Closed Lower 5 Straight)

LTM - Buyer of 3,200 May $50 Calls on 3/26 Remains in OI

NXPI - May $57.5 Call OI > 3,000 from Buys

DLPH - On 3/21 Aug. $72.5 Calls Bought 2,500X

AMGN - July $125/$115 Bull Risk Reversals Remain in OI 10,000X+ (Closed Lower 5 Straight Reports)

DOW - On 2/26 Jan. 2015 $50 Calls Bought 20,000X at $2.78 Offer; On 3/10 June $47 Calls Bought 10,000X at $3.60; On 4/16 May $48 Call Bought 8,000X to Open (Closed Higher 3 of Last 4)

YUM - On 4/21 Buyer of 3,000 July $80 Calls $1.62 Offer

NOC - On 4-15 May $120 Calls Bought 1,500X at $2.30 to $2.45 (Closed Higher 4 Straight)

RAI - On 4-15 May $55 Calls Bought $1.87 for 5,000X (Closed Lower 13 Straight Reports); Aug. $60 Call OI 7,144X

APD - On 3-12 Jan. 2015 $135 Calls Bought 10,000X to Open

DAL - June $34 Calls Bought 10,000X to Open Last Week; May $34 Call OI > 10,000 from Accumulation (Closed Higher 5 Straight)

JNPR - April 25th (W) $25 Straddle Sold to Open 5,000X Last Week

NBR - May $25 Calls Bought 4,500X on 4-17; June $25 Calls Bought 15,000X

CREE - On 4/21 Sep. $70 Calls Bought 5,000X; May $60/$70 Call Spreads Bought 5,000X

HA - On 4/21 May $14 Calls Bought 5,000X to Open

ACI - Seller of 18,500 Oct. $3.50 Puts Bought 20,000 October $6/$8 Call Spreads; July $6 Call OI at 16,949 from Large Buys

BK - September $35 Call OI 8,910 from 3/7 when 15K Traded, Some Have Closed

CDNS - Large Put Sales in OI (November $15 (12K), August $15 (5K), August $13 and $12, and May $12 (20K)

CMCSA - Buyer 20K July $50 Calls $1.58 Offer 4-8

MCD - April 25th (W) $100 Calls Bought 7500X on 4-11; May 30th (W) $102 Call Bought 4,000X $1.13 on 4-17; June $100 Call OI > 17,500 from Large Buys 3-31 and 4-1

XRX - Oct. $11 Calls Bought 4,000X at $1.01 on 4-17

PEP - July $87.50 Call OI at 13,965 with 10,000 Added in April and 5,000 July $82.50 Puts Sold to Open $2.60 on 4-2 (May/July $97.5 Call Calendar Spread at $0.55 a Potential Trade)

HON - On 4/11 May $92.5 Calls Bought 3,000X and Traded Another 3,000 on 4-15

DD - Oct. $72.5 Call OI > 5,000 from Recent Buys, on 3-11 2,500 Bought $1.30; On 4-10 July $65 / $60 Bull R/R Opened 10,500X;

BHI - On 4/3 Jan. 2015 $75 Calls Bought 5,000X (Roll Up); July OI w/ Large $57.5 and $55 Short Puts and $57.5/$65 Call Spreads and $67.5/$75 Call Spreads (On 3/6 5K 67.5/75 Call Spread w/ Short 57.5 Puts) - The July 65/70/75 Call Fly for $1 a Way to Play Upside

KSU - Sold Off Hard Last Q After Rallying Prior 5 Reports; June $105 Calls Accumulated 12,500 w/ Buys, Roll-Ups to $105 Strike on 4-15

SLM - Closed Lower 7 of Last 8 Reports; Oct. $26/$22 Bull Risk Reversals in OI 14,500X

CY - On 3-14 June $10 Calls Bought 6,000X at $0.75 Offer

URI - Roll to 1,500 May $87.50 Calls on 4-15; On 2-24 June $92.50 Calls Bought 5,000X to Open; On 3-21 June $97.50 Calls Bought 3,000X to Open - April 90/95/100 Call Fly for $1 a Nice Trade Set-Up

MAT - Hit hard 2 of last 3 reports and on 3-26 May $40 Puts Bought 5,000X to Open $1.85 and 4,500 April $38 Puts $0.55 - Looking at April 38/36 Put Spread at $0.55

SAP - May $80 Puts Accumulated to OI 6,486 with Large Buys 4/4 and 4/10

TSM - Closed Higher 4 of Last 5; Buyer of 5,000 April $20 Calls 3-13; July $20 Puts Opened 15,000X at $1.73 on 3-13; On 3-26 May $20 Puts Bought 8,000X at $1.25 to $1.30 and on 4/4 another 7,000 Bought $0.65
 

                                                                                                                                                                                                          
 
LEN - On 3/14 March $40 Calls Bought 8,150X at $1.37 to Open (Closed Higher 4 Straight and 8 of 10)
 
CAG - On 3/12 April $31 Calls Bought 8,000X at $0.30 (Closed Higher 5 of 7 Reports)
 
GES - On 3/18 6,500 March $30 Calls and 1,800 March $29 Calls Bought
JBL - Buyer of 2,000 June $20 Calls $2.15 on 11/8 Remains in OI (Closed Lower 3 of Last 4 Reports)

DRC - More than 20,000 March $60 Puts Sold to Open in OI

CZR - On 2/13 June $25 Calls Bought 3,000X to Open $1.95 to $2.15

PAY - April $31 Calls OI at 7,850 from 2/19 when March $29 Calls Rolled to April $31

EXPR - On 3/6 March $20 Calls Bought 4,000X to Open $0.35 to $0.45

FURX - On 2/12 July $105 Calls Bought 500X at $19.20 and on 2/14 July $105 Calls Bought 500X at $15.20 and 750 July $85 Calls at $22.40

DMND - March $25 Call OI > 4,000 from Buys Now Deep ITM

DKS - On 1/30 the Sep. $55/$50 Bull Risk Reversal Opened 2,250X at $0.70

URBN - On 2/24 June $33 Puts Sold to Open 2,000X at $1.10 and Recent June $36 Puts Sold to Open 2,000X; On 2-4 March $36/$40 Call Spreads Bought to Open 3,000X; On 2-25 March $36 Calls Bought 5,000X

AEO - On 2/25 April $15/$17 Call Spreads Bought 15,000X at $0.40; On 1/22 March $14 Calls Bought 7,500X to Open $1.05 and Remain in OI; March $15 Call OI > 12,000 from Large Buys and 8,500 May $15 Calls in OI

RNF - Call Buyers Accumulating Positions with January 2015 $20 Call OI > 6,800 adn July $17.50 Call OI > 5,600

BPI - On 2/11 August $20 Calls Bought 3,000X to Open at $1 and Remain in OI

NES - Unusual Buying 2,000 March $17.50 Calls and 4,500 March $20 Calls on 2-26

BONT - On 3/6 April $12 Calls Bought 6,500X to Open at $0.45 to $0.50; July $12 Calls Opened 5,000X on 1-22 and 1-23 though order flow near bid

HRB - On 2/11 Jan. 2015 $30 Calls Bought 5,000X at $3.60 to Open; On 2/26 July $33 Calls Bought 2,000X at $1.85; On 2/28 March $31 Calls Bought 4,500X at $1.30 Offers; On 2/8 March $29 Puts Bought 10,000X to Open $1.05

FL -On 2/19 March $40/$42 Call Stupid Bought 10,000X; March $43 Calls Bought 1,150X on 3-5

TFM - March $40 Call OI > 7,500 - Closed Lower 5 of Last 6 Reports

BIG - April $27.50 Put OI > 7,000 (On 12-23 Spread Bought 3,000 Apr. 27.50 Puts, Sold 3,000 Apr. 35 Calls); On 2/21 March $30 Calls Bought 4,000X to Open $0.80 to $0.90

KR - Buyers of 1,650 Apr. $44 Calls on 3-4 and 3,000 March $45 Calls ; March $43 Calls Bought 7,500X on 2-28 and in OI

SPLS - On 1/27 March $12 Puts Bought 10,000X at $0.30; March $13 Puts w/ 30,000 Accumulated in 2 Weeks; On 12/10 Jan. 2015 $20/$10 Bull Risk Reversals Opened 10,000X+ and Remain in OI

PETM - March $70 Calls Bought 5,000X to Open on 3-3 at $0.85 to $1.05; April $67.5/$62.5 Bull R/R in OI for 3,000X

VEEV - April $40 Calls Bought 1,500X to Open 2/27

AVAV - June $35 Calls Bought 500X at $1.10 to $1.20 on 1-13 and 800X on 1-14

SWHC -March $14 Calls Bought 7,000X at $0.25 on 2-20

END - Sep. $5 Calls Bought 40,000X at $1.30 to Open on 3-3

MBI - 15,000 March $14/$12 Bull Risk Reversals Opened on 2/28

MDR - March $9 Puts w/ 12,000 Bought to Open Recently - Closed Lower 3 of Last 4 Reports

GPS - March $39 Call OI > 9,500 from Weeks of Accumulation; April $43 Calls Bought 2,000X Each Last 2 Days

SWN - March $42 Call OI 20,640 from Large Buys; June $47 Calls Bought 18,000X on 2-20 - Closed Higher 4 of Last 5 Reports though minor moves, tends to open down and recover

SFM - March $40/$45 Call Ratio Spread 2,000X4,000 at $1 on 1-13; March $35 Calls Bought 3,500X to Open $2.45 to $2.90 on 2-6; On 2-14 March $37.50 Calls Bought 2,500X to Open

MDVN - On 2-3 June $100 Calls Bought 1,000X to Open $1.80; On 2-19 March $75 Calls Bought 2,000X to Open at $10.35

BID - On 2-20 March $48 Calls Bought 2,000X to Open; On 2-26 March $50 Calls Bought 1,850X to Open

ENDP - Recent Large Bullish Action --> Jan. 2015 85/100 Call Spread w/ Short $60 Puts for 5,000X; On 2-25 Sale of 2,500 Apr. $75 Puts to Buy 2,500 July 85/105 Call Spreads; March $85 Calls Bought to Open 5,000X

NRG - Massive June $31/$25 Bull Risk Reversals in OI for 80,000 Contracts; Sep. $29 Calls Bought 5,000X on 1-29

WDAY - March $105 Calls Sold to Open 2,250X on 2-25 at $2.75 Bids (Iron Condor Candidate)

LB - March $55 Calls Bought 1,000X at $1.25 on 2-25; On 2-3 Jan. 52/62 Call Spreads Bought 4,000X with $42 Puts Sold to Open 4,000X

JCP - Aug. $5 Puts Bought 20,000X on 2-24

TIVO - On 1/31 May $13 Calls Sold to Open 5,000X at $0.65 in Buy-Write

WPRT - April $17 and $15 Put OI > 5,500 from Large Opening Sales

NDLS - March $40 Calls Bought 845X at $1 on 2-21

HLT - March $21 Calls w/ 3,000 in OI from Recent Buys

MYL - July $55 Calls in OI from 8,000 Bought on 1-10; Jan. 2015 $45 Calls in OI for 10,000 from Large Buys

CTRX - On 2-12 July $52.50 Calls Bought to Open 2,000X at $2.70

NRF - March $15 Call OI > 30,000 from Large Buys; Jan. 2015 $17 Calls Bought 10,000X on 2/3

CHS - March $17 Puts Bought 3,450X on 2-24; May $18 Calls Bought 2,600X on 2-4 and 1,050 May $16 Calls

FIG - Jan. 2016 $10 Calls Bought 5,000X on 2-12 and Other Month Calls Active with Buyers Since 2014 Started

GTI -March $10 Puts Bought 10,000X on 2-20
RJET - March $10 Calls with 3,500 Remaining in OI from 2-11 Buys

AVGO - April $55 Calls Bought 5,000X at $3 to $3.40 on 2-6 (OI at 4,341) - Closed Higher 4 Straight Reports

RRC - On 1-15 June $80 Puts Sold to Open 1,500X at $4.50 Bid; On 2-20 March $85 Puts Bought 3,000X at $2.90; March 87.50 Calls Sold to Open 4,000+

SBAC - On 2-4 Sep. $100 Calls Bought 4,000X to Open $2.80 - Closed Higher 6 of 7 Reports ; June $110 Calls with 2,000 in OI from 11-25 and 12-4, Offer Buys $0.30 to $0.55

EXPD - March $40 Puts Bought 1,000X on 2-19 at $0.70

QCOR - On 12-9 April $60/$40 Bull Risk Reversals Opened 5,000X at $0.80 Debit and Remain in OI

SPN - June $30 Calls Bought 1,000X at $0.80 on 1-3 and now 4,974 in OI; June $20 ITM Calls Bought 2,170X on 2-10; On 2-11 Sep. $30 Calls Bought 2,500X to Open; On 2-20 March $27.50 Calls Bought $0.90 to $1.10 for 3,000X

DWA - On 12-19 June $38 Calls Bought 4,500X at $2.15 to $2.50 and now 10,000 in OI; On 1-23 Sep. $32 Puts Bought 4,500X at $3.20 to $3.35; On 1-24 Sep. $27 Puts Sold to Open 5,000X at $1.65; On 2-13 June $33 Puts Bought 3,700X to Open at $2.85 to $2.90 - Closed Higher 3 Straight Reports

SLCA - March $30 Call OI > 6,000 including 2,500 Added $2 to $2.05 on 1-15 - Closed Lower 3 Straight Reports

ZLTQ - Aug. $20 Short Puts 2,000X in OI; Aug. $25/$30 Call Spread 1,500X in OI - Closed Higher 3 Straight, Last 2 Monster Moves

LOW - April $45 Calls Accumulated 7,000 in OI from Buys (2,750 Look to Have Closed 2-24); April $46, $48 and $49 Call OI Also Elevated

TJX -March $60 Puts Recently Accumulated 4,000+

DLTR - On 2/5 May $50 Straddles Bought 3,000X; March $55 Calls Bought 3,500X at $0.45 on 2-20

CNP - March $25 Call OI > 20,000 from Buys and 30,000 May $25/$22.5 Bull R/R in OI

CRI - On 2-19 June $65 Puts Sold to Open 2,500X and 2,500 June $70/$80 Call Spreads Bought, Also 1,000 March $75/$60 Strangles Sold to Open

ANF - Aug. $28 Puts Bought 3,000X at $1.30 on 2-21; Jan. $28 Puts Sold to Open 3,600X at $2.38 on 2-19

EOG - March $175 Call OI at 14,165 ( 7,000 Bought 2/5 at $5.04; 5,500 Bought 2/14 at $7.30 to $7.50) - April $180/$200/$220 Call Fly Traded 2,500X5,000 on 11-12 and Remains in OI - Closed Higher 5 of Last 7 Reports

SCTY - On 1/24 April $75 Calls Bought 7,000X to Open $8.60 to $8.90; On 1/30 April $90/$110 Call Spreads Bought 5,000X at $3.80 - Closed Lower Each of Its 3 Reports

ZU - March $40 Put OI > 3,000 from Unusual Buys Recently

TXRH - March $22.50 Put OI > 5,000 from 1-31 when 3,500 Bought $0.55 and 2-4 Another 3,000X Bought $0.80 - Closed Lower Last Two Reports After Closing Higher 6 of Prior 7

WMGI - May $30 Puts Sold to Open 3,000X on 2-21 at $1.175; On 1-15 May/August $35 Calendar Call Spread Opened 1,500X at $1.30; On 2-10 March $30 Calls Bought 1,000X at $1.98 to Open - Closed Higher 6 of Last 8 Reports

AMT - On 1-8 April $75 Puts Sold to Open 3,500X and $85/$90 Call Spread Bought 3,500X

M - Feb. 28th (W) $54.5/$56 1X2 Call Spread 5,000X10,000 on 2-21

RLGY - On 2-11 March $47.5/$42.5 Bull Risk Reversal 5,450X at $0.55 Debit

DPZ - March $80 Calls Bought 2,000X on 2-21 at $0.50

FNP - March $28 Puts Bought 3,500X on 2-21 at $0.65

SHOO - June $35 Calls Bought 5,000X on 2-21 at $3.10

WMB - Buyer Feb. $40 Calls 5,000X $1.13 on 2-18 (Massive Call OI of 445,650 vs. Put OI 101,780)

CXO - March $115/$130/$145 Call Fly in OI 6,000X12,000

SWY - Massive Call Buys Recently: March $35 Call OI > 30,000

OIS - On 8-1 March $115 Calls Bought 14,000X at $2.85; March $100 Calls Bought 8,000X at $7.30

CAR - Feb. $37 Put OI Accumulating > 5,000

ARRS - May $30 Calls Opened 3,000X Last Week

MIC - Feb. $55 Call OI > 3,200 from Buys

CROX - Feb. $15 Straddle Sold 3,000X at $1.10

PWR - Buyer 5,000 Feb. $31 Calls $1.425 on 1-9 in OI; Closed Higher 7 Straight and 8 of 10

DNR - March $16 Puts Sold to Open 9,500X at $0.40 on 2-12

ADI - On 1-23 March $50 Puts Bought 3,050 to Open $2

CF - May $250 Calls Bought 1,485X on 2/18

NBR - On 2-7 Feb. $18 Calls Bought 10,500X to Open; June $18 and $19 Calls with 10,775 and 12,860 in OI from Large Buyers Accumulating (NBR has closed lower 6 straight reports)

BRKR - March $22.50 Calls Bought 3,950X to Open on 1-30 at $1.25 Remain in OI

CYH - On 11/11 March $44 Calls Bought 5,000X to Open $2.80 Offer and Remain in OI; On 11/7 March $46 Calls Bought 5,000X to Open $2.05 and Remain in OI (Closed Higher 4 of Last 5 Reports)

GRMN - ON 2-13 March $48 Calls Bought 3,000X to Open $1.01; On 2-14 March $47 Calls Bought 2,000X to Open at $1.21

OCR - Block of 5,000 January 2015 $60 Calls in OI; On 11/6 March $55 Straddles Bought 3,000X and in OI Now + Delta

SUNE - On 2/13 March $15 Calls Bought 9,500X; April $15 Call OI 15,000+ from Large Buys and April $16 Call OI 37,600X from Large Buys Accumulated

NM - January 2015 $7.50 Call OI > 4,500 from Buys Accumulated

KRFT - Feb. $52.50 Put OI > 9,000 from Late December Action and 7,190 Traded 2-12

A - 2,000 Feb. $57.5/$52.5 Bull Risk Reversals Opened 1-3 at $1.20; May $57.5/$47 Bull R/R in OI 10,000X; Trade on 12-19 Sold 3,000 May $52.5 Puts and Bought 3,000 May $60/$65 Call Stupids

ALNY - Trade on 2-12 Sold to Close 1,500 March $55 Calls and Opened 1,500 June $70 Straddles (Delta +)

BRCD - Strong Chart and Closed Higher by 10%+ Average Last Two Reports

IM - March $25 Calls Bought 1,400X at $0.95 to Open on 1-30

RATE - March $22.50 Calls Bought to Open 5,000X at $2.90 on 10-25 and Remain in OI - Averaging 20%+ Max Moves Last 4 Reports

CLD - May $17.5/$12.5 Bull Risk Reversals Opened on 10-4 in OI 2500X

LBTYA - July $85/$100 Call Spread with $70 Puts Sold 3,500X Opened this Week

VFC - Feb. $55 Puts Bought 2,500X at $1.20 on 2-3; 2,500 More Bought on 2-6

RRGB - March $90/$75 Bear Risk Reversal 1,450X on 11-6

WWE - July $25 Calls Bought to Open 5,000X on 1-16 at $1

IPGP - March $75 Puts Opened 2,000X at $9 on 1-31

AMAT - Jan. 2015 $20 Call OI Accumulated to 80,000+ from Large Buys on Multiple Days; July $18 Calls Bought 10,000X on 1-18; July $19 Calls Bought 7,000X on 1-13; July $20 Calls Bought 13,500X on 1-15; On 1-14 March $17 Calls Bought 25,000X to Open and 35K in OI Now

MDLZ - On 9/19 March $34/$38 Call Spread Bought 5,000X at $1.06 (long call leg remains in OI); On 12-4 March $34 Puts Sold to Open 6,500X;

MET - On 1/27 Jan. 2015 $50/$60 Call Spread Bought with $40 Puts Sold 7,000X; On 1-24 March $55 Calls Bought 10,000X at $0.45 and June $50/$48 Bull Risk Reversal Trades 3,000X2,500

CBS - Jan. 2015 $80 Calls Accumulated with 40,000+ in OI from Buys; On 1/16 June $65/$70 Call Spread Bought with $55 Puts Sold 10,000X; Closed Lower Last Quarter after Closing Higher Prior 6 Reports

CTL - April $31 Calls Bought 10,000X to Open on 2-11

NVDA - On 1-7 June $18 Calls Opened 5,500X; June $19 Calls Opened 5,000X on 1-8; Recent Size Buys of March $16/$15 Long Strangles

FNF - On 1-15 June $33 Calls Bought 700X at $1.15; March $36 Calls Bought 3,500X on 12-23; On 12-10 March $30 Calls Opened 6,000X at $1.55 (roll from $28 strike)

Z - March $90/$80 Put Spread Bought 1,000X on 2-11; March $80 Put OI 2,000 from Large Buys; Feb. $95/$100 Call Spread Bought 1,000X on 2-11

CAKE - On 10/2 Block of 2,800 April $50 Calls Bought to Open $1.05 Offer, Remain in OI; Feb. $46 Calls Bought 2,000X on 2-10; On 1-24 Feb. $45 Call Block of 2,000 Opened at $1.45 Mid-Market; Closed Higher 6 of Last 7 Reports

ITRI - May $40 Puts Bought 2,000X to Open on 1-17 at $2.25 (Closed Lower 5 Straight Reports)

TAL - Large Amounts of February Puts in OI

ANGI -Feb. $20/$22.5 Call Spread Bought 4,630X at $0.40 on 2-10

LF - June $7.50 Calls Bought 3,500X to Open at $0.60 on 1-30 (Closed Lower 6 Straight Reports)

BGC - Feb. $30 Calls Bought 6,500X on 12-9 at $1.15 to $1.45, now 10,000+ in OI

EQT - Feb. $95 Calls Bought 5,000X on 2-3 at $1.70 (Some Have Closed) - Closed Higher 6 Straight Until Lower Last Quarter

HOT - Buyer 1,000 August $82.50 Calls $3.90 Offer to Open on 1-7; Feb. $77.50 Calls Bought 5,000X to Open on 12-16 at $2.40 to $2.65 (Rolled from Jan.) - Closed Higher 3 Straight Reports

BG - Feb. $80 Puts Opened 4,000X at $1.80 on 1-23; Feb. $75 Calls Bought 1,400X at $1.55 on 2-4 and 6,000X on 2-5

CPN - Closed Lower 4 Straight Reports; Feb. $19 Calls Bought 13,000X on 1-29 at $0.35; Feb. $19 Calls Bought 9,500X at $0.45 to $0.55 on 1-30; Jan. 2015 $22 Calls Bought 5,000X at $0.95 to $1.05 on 2-7

JAH - Feb. $65 Calls Bought 5,000X at $0.80 to Open on 1-10 (3300 in OI) - Closed Higher 8 of 10 Reports

GT - 15,000 July $27 Calls in OI from Buys

CAB - 2,000 Feb./March $80 Call Calendar Spreads on 2-11; March $70 Calls with 4,500 Bought

GNC - March $55 Calls Bought 5,000X on 2-11; Feb. $52.5/$55 Call Ratio 5,000X10,000 in OI

PAG - Feb. $50 Calls Opened 3,600X at $0.70 on 12-10

GNRC - March $50 Calls Bought 1,000X at $1.50 on 1-24; March $55 Puts Bought 900X on 2-10

LPX - May $19 Calls Bought 2,800X on 12-18

INCY - On 1-7 spread sold 1,500 March $40 Puts and Bought 1,500 June $52.50 Calls; On 1-8 June $45/$40 Bull Risk Reversal 1,850X

HSP - Elevated May $45 and $50 Call OI

OC - On 1-29 Aug. 38/45 Call Spread w/ Short $35 Puts Traded 2,500X

SBGI - On 2-5 Aug. $30/$35 Call Ratio Spread 1,500X3,000 at $0.23 Debit

PNK - On 1-28 June $20 Puts Bought 5,000X $1.40; On 2-3 March $23 Puts Bought 3,800X; On 2-5 March $23 Puts Bought 3,000X (Closed Higher 7 of Last 8 Reports)

DVA - Feb. $70/$60 Strangles Sold to Open 1,500X on 1-16

TRIP - Options pricing in 9.2% move on earnings, though 6 quarter average max move is 14% ; TRIP with support at $70 while upside can see a move to $95, so the $85 Straddle at $8.80 looks a bit under-priced

WU - On 1-29 March $16 Puts Bought 9,000X to Open at $1.05

FOSL - Feb. $115/$105 Bull R/R on 2-10 for 500X; 12-19 Trade Bought 1,500 June 120/100 Put Spreads and Sold 1,500 $135 Calls; On 1-16 March $120/$140 Call Spreads Bought 2,500X; Options Pricing in 10% Earnings Move, while 6 quarter average max move is 15% so long volatility looks favorable

EGN - Feb. $75 Calls Bought 1,000X at $1.10 on 1-31

SGEN - 2,550 June $55/$35 Bear Risk Reversals Opened on 2-3

FEYE - Options pricing in 12.5% earnings move

CALX - July $7.50 Puts Bought 500X to Open in January

CRL - May $50 Straddle Bought 700X on 1-29

SGMO - 1-29 Trade Adjustments Bought 30,000 of the Jan. 2016 $25/$35 Call Spreads and $20/$30 Call Spreads

DIS - 30,000 Jan. 2015 $75/$85 Call Stupids in OI; July $90 Calls Bought 8,000X on 1-9; April $80 Calls Bought 5,000X on 1-8

LNC - On 1/27 July $48/$55 Call Spread Bought 2,250X with Jan. 2015 $35 Puts Sold to Open $1.37

FLT - On 1-22 Feb. $110 Calls Bought 1,750X; Closed Higher 6 Straight and 11 of Last 12

TSO - On 1/14 Aug. $65 Calls Sold 2,000X and Bought the $50/$40 Put Spread 2,000X; May $60 Call OI 20,000+ from 11-15 (10,000 Bought $3.90 Offer Rolled from Jan. $50) and 11-21 (10,000 Bought $4.30 Offer, Rolled from Jan. $50)

YELP - On 2-4 Buyers of 4,000 May $90 Calls Offer Side; On 1/8 May $85/$105 Call Spreads w/ Short the $60 Puts 3,500X Combo; 10,000 Lot of Feb. $70 Calls Holding Strong in OI

CNW - March $42.50 Calls Bought 5,000X on 1-28 (Co. Already Slashed Guidance)

FOXA - July $36 Calls Bought 7,000X on 2-4

AET - April $70 Call OI > 15,500 (Bought 11-27 at $3.50)

SIAL - On 12-27 Feb. $95 Calls Bought 4,500X and April $100 Calls Bought 6,000X

TW - Feb. $125 Puts Sold to Open 4,000X on 1-21 at $3.50 to $3.60 (Now at $10.50)

AAP - Feb. $100 Puts Bought 17,000X on 1-9 at $0.95 to $1.15

VMC - Feb. $60/$65 Call Spreads Bought 3,500X on 1-27

TDC - Feb. $45 Puts Bought 3,850X on 1-15; 7,000 Feb. $40 Puts Bought 1-29

SEE - On 12-5 April $35/$28 Bull Risk Reversals Opened 7,250X at $0.15 (Puts Side Closed)
SPR - On 11-6 April $30 Calls Bought 10,000X at $2.25 to Open; On 11-13 April $35 Calls Bought 5,000X at $1.05 to $1.10 to Open

AOL - On 1/28 July $50 Calls Bought 11,000X at $4.70 and July $41 Puts Sold 5,500+ at $2.55; April $55 Call OI > 23,900 from Large Buys

ARMH - On 1/23 Feb. $48 Puts Sold to Open 8,300X at $1.75 Bid; March $48 Puts Bought 2,000X; On 1-24 March $49 Puts Bought 4,500X at $3.50; On 1-27 March $49 Puts Bought 6,500X at $3.50 to $4.10

APC - Litigation Overhang - On 1-24 Spread for 3,000X Sold May $75 Puts, Bought 82.5/90 Call Spreads; On 1-27 May 82.5/90/97.5 Call Fly 2,500X5,000

HIG - Feb. $35 Calls Bought 10,000X on 1-14 at $1.07; June $39 Calls Bought 10,000X at $1.40 on 12-20

CFN - On 1-29 Feb. $42 Calls Bought 6,000X; On 1-30 Feb. $42 Calls Bought 5,000X - OI at 8,997

AGNC - Weekly $21 Calls Bought 4,400X on 1-31

HOLX - March $22/$18 Bull Risk Reversal 5,000X at $0.45 on 9-27 in OI

DNB - Feb. $125 Calls Bought 7,000X at $2.30 to $2.40 on 1-14 (3,571 in OI) (Closed Higher 4 of 5 Reports)

TTWO - June $21 Puts Bought 1-28 and 1-30 for 5,000+ in OI

IDTI - Aug. $10 Calls Bought 2,000X 1/17 and 1,500X on 1/27; May $10/$9 Bull Reversal 1,000X on 1-8 (Closed Higher 5 of Last 6 Reports)

PFG - Feb. $46 Calls Bought 1,000X at $0.60

R - On 11-25 Spread Sold 3,000 Feb. $62.50 Puts $1.165 and Bought $67.5/$72.5 Call Ratio Spread 3,000X4,500; On 1-8 Feb. $75 Calls Bought 2,500X at $1.45

EMR - March $70 Puts Bought 3,000X on 1-9; March $67.5 Puts Bought 1,800X on 1-9; March $70 Puts Bought Another 2,000X Following 2 Days

SE - March $37 Call OI > 10,000, June $37 Call OI > 6,000

HCA - On 1/15 March $48 Puts Sold to Open 6,200X at $1 and March $50Calls Bought 3,200X at $3.20; On 1/6 March $50 Calls Bought 4,000X at $2.05

IP - Feb. $48 Calls Bought 9,500X Last Week; 30,000 Jan. 2015 50/60 Call Spreads in OI

BDX - Feb. $110 Calls Bought 1,350X on 1-31; March $105 Puts Bought 1,350X on 1-24

MHFI - May $75 Calls Bought 4,055X on 1-24 at $3.76; May $77.50 Call OI > 7,000 from Large Buys

BSX - Aug. $15 Calls Bought 15,000X at $0.63 on 1-8; Feb. $13, $14, $15 Call OI Large

MCK - On 1-22 Feb. $160/$180 Call Spreads Bought 3,000X (Closed Higher 3 Straight Reports and ABC Positive Read-Through)

BRCM - Feb. $29 Puts Bought 9,450X on 1-29; Feb. $28 Call OI 10,000 and Feb. $30 Call OI 20,000; Jan. 2015 $30 Call OI 12,900 from Accumulation After Beat-Down

BCR - On 1-28 March / April $115/$120 Put Diagonal 1,000X at $1.07 Expects Some Weakness

ALGN - Feb. $60/$65 Call Spread Bought 1,000X on 1-27

AZPN - April $45 Calls Bought to Open 1,200X on 12-4, Quality Tech Grower

MTW - June $30 Calls Bought 15,000X at $1 on 1-16 from roll-up

JDSU - Large Spread in June Sold 15,000 $12 Puts and is Long Call Spreads

CTCT - Buyer 5,000 March $35 Calls in OI from Roll Out

VRTX - April $82.50 Calls Bought to Open at $11.10 on 8-22 for 3,000X; July $70 Puts Bought 2,000X on 1-24 and 1,000X on 1-27

LRCX - March $50 Puts 2,000X at $1 on 1-23; Feb. $52.50 Calls 3,460X on 1-24 and 2,400X on 1-27

HBI - Feb. $60 Puts Bought 1,000X on 1-28

FTNT - Feb. $23/$25 Call Spread Bought 30,000X at $0.55 on 1-16 (Inverted Feb. IV Skew)

ACXM - May $30 Call OI 6,350X (2,700 Bought 9-25 at $1.80, 3,695 Bought $2.20 to $2.50 on 1-27)

CAVM - Feb. $37 Call OI > 6,000 from Buys on 1-7 and 1-8

VPRT - Feb. $52.5/$47.5 Put Spread 1,650X on 1-24

ISIL - Feb. $11 Calls Bought 800X on 1-27

NOW - Feb. $60 Calls Bought 1,000X on 1-28 and 2,000 March $50 Puts Sold to Open on 1-27

XOM - Sizable Call Buying Across Months for Weeks

OXY - 2,500 Aug. $90 Calls $4.35 on 1-28; May $100 Call OI 15,000 from 1/22 and 1/23 Large Buys

LLY - On 1-6 Feb. $52.50 Calls Bought 7,000X; March $55 Call OI Building

TMO - Feb. $115 Calls Bought 7,000X at $2.90 on 1-8; Size in March Call OI; Closed Higher 8 Straight Reports

VIAB - Closed Higher 8 of Last 10 Reports

CAH -2,000 Feb. $67.50 C alls Bought $1 on 1-24, Closed Higher 5 Straight

WHR -March $145 Calk OI > 3,600 from Early December Large Buys

HP - 4,500 March $77.50 Puts Recently Bought

UA - On 1-23 Weekly $84/$89 Call Spread Bought 3,500X; July 80/72.5 Put Spread w/ Short $95 Calls in OI 1,500X

ADT - April $40 Calls Bought 3,500X on 1-28; Feb. $40 Calls Bought 4,500X to Open on 1-17; On 1-6 Apr. $38 Puts Sold 2,500X and 4,000 April $43/$49 Call Spreads Bought; Inverted IV Skews

BTU - Feb. $18 Calls Bought 10,000X on 1-28; Closed Higher 5 Straight Reports

HSH - Feb. $37 Calls Bought 5,000X to Open on 1-17

AMGN - July $125/$110 Bull Risk Reversals in OI 8,500X

VMW - Buyer 7,500 Feb. $105 Calls on 1/22

EA - Weekly $24/$25.50 Call Ratio 10,000X20,000 in OI; June $26/$30 Call Spreads w/ 10,000 in OI

RKT - Feb. $100 Calls Bought 1,000X 1-27

FSL - Feb. $16 Calls Bought 1,000X on 1-16 at $1.10

HA - Feb. $11 Calls Bought 5,850X at $0.55 on 1-14 (Roll-Up)

BA - Aug. $130 Put OI Accumulated to 20,000+ Recently

EMC - Large OI Feb. $26 Calls > 30,000 from Buyers; Large April $25 Call OI > 30,000 from Buyers and 10,000 April $27/$25 Bull Risk Reversals in OI

DOW - Large Feb., March, and June Call OI from Buyers Playing Restructuring, Potential Spin-Off

PSX - May $85 Calls Bought 5,000X on 1-17 and Added 5,000X on 1-10

VLO - Feb. $55 Call OI 39,500 from Buys; March $55 Call OI > 40,000 from Large Buys

MPC - On 1/14 12,000 Feb. $92.5 Calls Bought $3.10 to Open

MWV - March $40 / Feb. $35 Bull Risk Reversals Opened 4,000X on 1-15

RES - Feb. $17.50 Calls Bought 1,950X at $1.30 on 1-17

MTOR - Aug. $7 Puts Sold to Open 10,000X w/ Aug. $10/$13 Call Spread Bought 10,000X on 1-24

BABY - On 1-10 July $30 Calls Bought 2,600X and Feb. $22.50 Puts Sold 1,500X; Feb. $25 Calls Bought 1,500X on 1-24

ASH - On 1-6 Feb. $100 Calls Bought 10,000X at $3.01 (Roll from Jan. 2014)

ZION - April $32 Calls Bought 1,150X on 1-24

X - Buyer 3,000 Feb. $26 Calls $1.07 on 1-24; Buyer 2,500 March $31 Calls $1.95 on 1-3

OLN - Elevated call OI Feb. $25 and $30 and May $25 Calls

SANM - Feb. $17 Calls Bought 1,440X at $0.60 on 1-17

CMCSA - On 1-6 Feb. $52.50 Calls Bought 10,000X at $1.27 and 20,000 April $55 Calls $1.02; On 12-27 Feb. $55 Calls Bought 20,000X at $0.67; On 1-22 April $57.50 Calls Bought 20,000X at $0.83

NEE - Feb. $87.50 Call OI > 5,500 and Feb. $90 Call OI > 7,000 from Buyers

DD - Size in April call OI, on 1-13 Apr. $62.5/$57.5 Bull Risk Reversal Opened 8,800X

GLW - Sizable Feb. $20 Put Buying Last Week

APD - Feb. $115 Call OI > 5,000 and March $115 Call OI > 7,000 from Large Buys

NUE - April $49 Calls Bought 2,800X on 1-24 and Size in April $52.5 and $55 Call OI from Large Buys

CIT - February $52.50 Call OI > 6,750X from Large Buys; Size in April $52.5 and $55 Call OI from Large Buys

WAT - May $105/$110 Call Stupids in OI 2,000X

AAL - March $35 Calls Bought 5,000X on 1-24

AMD - Massive Call Buying for 2 Weeks, April Call OI Seeing a lot of the Adds

XLNX - Feb. $44 Call OI 10,000+ from 1-15 and 1-16 Large Buys to Open

TXN - Feb. $43 Put OI to 11,885 from < 50 since 2014 Started; April $42 Put OI 13,580; 7,500 Apr. $44 Puts Bought to Open 1-14

ABT - 1-13 trade bought 3,000 Feb. $39/$41 Call Spreads and Sold $37 Puts to Open

STJ - Feb. $65 Puts Bought 2,000X on 1-22 (Already Pre-Announced Strong)

TXT - Feb. $38 Calls 2,500X Bought $0.99 on 12-24 (Rolled)

MSI - July $62.5 Puts Bought 3,000X at $2.50 to Open 1-15 and 2,000 Bought on 1-16

PH - Feb. $130/$135 Call Spread 1,000X on 1-8

NSC - On 12-31 March $92.5 Calls Bought 1,000X at $3.30; Bought 5,000 March $97.50 Calls $1.30; On 1-16 Feb. $85 Puts Bought 5,000X to Open (After CSX Report)

CA - Feb. $37 Calls Bought 2,000X at $0.15 on 1-7

FCX - On 1-17 March $36 Straddles Bought 5,000X and March $37 Straddles Sold to Open 5,500X; Large 30,000 contract lot of Feb. $34 Calls Remains in OI from Buyer

IBM - March $200 Calls Opened 6,000X on 1-14 and 1-15

USB - June $42 Straddle Sold to Open on 1-16 for 6,000 Contracts

WDC - On 1/8 April $95.$105 Call Spread 3,500X at $1.96 and 2,000 April $90 Calls Bought $4.60

JEC - Buyer of 900 Feb. $90 Calls 1/17

URI - March $80 to June $87.50 Short Call Roll on 1/6

TER - April $18 Calls Bought 8,000X on 1-16

PLCM - April $15 Calls Bought 10,000X at $0.20 on 1-21

FIO - June $10/$8 Bull Risk Reversals 12,500+ in OI

 MCD - On 1/21 March $97.50 Calls Sold to Open 6,500X and Buyers of 5,000 Feb. $95 Puts - Like Feb. 95/92.5/90 Put Fly < $0.50

UNP - No notable OI - Stock has $180 measured move target still, Feb. 170/175 Call Spread for $1.55 Nice Reward/Risk

LMT - Closed Higher 7 of Last 8 Reports; No Notable OI

JCI - February $50 Call OI 4,500+ (1-2 and 1-8 Size Buys) and February $55 Call OI 7,300+ (6,500 Open 1/14 Mixed Buy/Sell)

FITB - Feb. $21 Straddle Sold to Open 10,500X on 12-19 at $1.43

UAL - On 1-19 and 1-10 March $46 Calls Bought to Open 5,000X and 10,000X

LUV - Jan. 2015 $15 Call OI > 8,000 from Large Buys Awhile Ago

AVT - Feb. $41/$45 Call Spread 2,000X on 12-10

JNS - March $10 Put OI 33,510 (Appears to have been hedges, near worthless now)

CY - On 9-26 March $10/$8 Bull Risk Reversal Opened 3,000X at $0.18, Remains in OI (March $10 Call OI at 6,694)

BGG - On 1-13 985 Feb. $20 Puts Bought to Open

QSII - On 1-14 June 20/22.5 Call Spread 1,335X at $0.75

 

 

clouds

Earnings Highlights/Recap

Q1 Earnings that Impressed:

STZ, JPM, C, CSX, GS, JNJ, WWW, BLK, SNDK, CLB, MAT, ASML, AN, TSM, UNP, BX, OMC, PEP, COF, CMG, ALGN, EFII, BHI, KMB, STT, UA, MAN, HAL, HAS, LII, ACE, ILMN, NFLX, PKG, TXN, ARMH, EAT, DD, DFS, LXK, LMT, ST, TRV, COH, LCC, RKT, OII, BCR, BRCM, ASH, BA, F, LAD, LO, LL, OC, TEL, WLP, TMO, NOC, AKAM, ALGT, BYI, CDNS, CAKE, CCI, FIO, JAH, LRCX, QCOM, NOW, WDC, WLL, XLNX, ALXN, AVT, BWA, BG, CAB, DO, HOG, HP, LLL, LEA, NBL, RTN, WBC, RYL, CRI, LUV, RCL, EXPE, INFA, HLS, IGT, INFA, MXIM, N, QLIK, RRC, SYNA, VRSN, VPRT, WBSN, WYNN, DECK, UHS, ALV, DHI, SAIA, SPG, TYC, VFC, VTR, WY, ABBV, HNT, MDSO, TEN, CMP, ESRX, HELE, SBAC, RGR, TXRH, WAIR, HTWR, HTZ, AGCO, ESV, FIS, MPC, MHP, ROC, HOT, SAVE, TRW, ZTS, AZPN, BLMN, NCR, PRXL, SPB, ULTI, VRTX, BFGV, ARW, CHK, CVS, DLPH, ENR, HUM, PSX, ALL, CAR, CBS, CNQR, CVD, CW, LVS, MAR, STX, TSO, V, ATK, BEAM, BDX, CHD, CI, GNRC, GM, GPI, HAR, MGM, NUS, PWR, SNI, SPR, TEVA, XL, WTW, TPX, SPWR, LNKD, MTZ, KRFT, FLR, FBHS, FLT, ELX, CBI, AIG, ATHN, CBOE, HST, MSG, MCO, REGN, SE, UPL, APO, APC, HIMX, NCLH, SNTS, ININ, BR, CRZO, CVLT, DTV, FOSL, NSM, STE, VSI, THRM, CA, DVA, JAZZ, OAS, ONXX, SLH, DIS, WFM, WBMD, CTSH, MPEL, SODA, ATVI, CTL, CTRP, TRAK, GMCR, IPAR, SSTK, SPRD, TSLA, TUMI, VRTU, EPAM, ETP, ALR, AMCX, CG, FCN, MMS, VC, WAC, MIDD, ABCO, AGO, CCIX, DIOD, NVDA, PCLN, WAGE, MDVN, MBI, SIRO, MGA, TTWO, WX, CPA, VIPS, RDY, CSCO, SKX, JACK, FLO, SINA, AMAT, VSAT, CPB, QIHU, HD, MDT, NM, TDW, BURBY, DY, BAH, ZLC, HEI, HPQ, LTD, SPTN, SNPS, WDAY, AAP, ALKS, PLCE, DLTR, TTC, GPS, BLOX, MRVL, MENT, SCVL, WSM, FL, SDRL, CSIQ, TIF, WTSL, DSW, KORS, AVGO, TLYS, LGF, OVTI, GES, KKD, EXPR, SAFM, CIEN, CONN, UHAL, BF.B, HOV, AMBA, BOBE, SHFL, AMWD, CBRL, LULU, RH, MW, PVH, BNNY, DMND, MEI, KMX, FNSR, JBL, MU, RHT, FINL, MLHR, KBH, LNN, LEN

Q1 Earnings that were Unimpressive:

NTRS, BMI, ALB, SCSS, DGX, CYT, DHR, FCX, BGG, LPNT, NOV, SWY, CAM, MMM, CRR, LEG, PKI, CSTR, BIDU, CTXS, EQIX, TEX, MSA, MSI, ATI, USG, WM, AAPL, EW, ETH, PNRA, APD, AXE, IDXX, MOLX, PCAR, CAT, PHG, NVR, AWI, IPHS, JEC, RVBD, CMI, MWV, NUAN, PFE, XYL, CBT, BGC, GNW, MTW, QCOR, RGC, RBC, FIRE, ADT, CLH, CLX, GWR, IPGP, SPW, PHH, KRA, LNC, CXO, CRL, CACI, BRKR, CHMT, DOLE, GILD, HI, TDC, THOR, FWLT, IT, SBH, ZBRA, SLXP, AGU, JCOM, MNST, RAX, RIG, THI, URS, BWC, ANDE, MRO, MCK, DISCA, EMR, HFC, LPX, TAP, PRGO, IOSP, TSN, DCI, ADSK, JWN, BRC, WMT, CTRN, LOW, SPLS, HRL, QSII, PLL, ALOG, ASNA, PAY, AZZ

*** This is not based on stock price reaction, purely on actual results vs. forecast and forward looking guidance

 

Q1 Earnings Winners

CE 11.55%, MFRM 12.1%, OSTK 37%, HWAY 17%, TZOO 11.95%, ADTN 13.95%, EFII 8.45%, MU 10.69%, CMG 11.53%, WSM 10.26%, AIR 8.78%, CLB 8.1%, SONC 9.7%, SIG 5.29%, IMOS 6.25%, GWW 7.1%, JOSB 7.95%, GME 5.75%, PPG 6.25%, PSMT 5.75%, COF 6.4%, WAC 6.1%, YRCW 41%, TSLA 24.4%, ESI 30.5%, ANGI 28.9%, GMCR 27.85%, WCRX 20%, NFLX 24.25%, INFN 23.45%, YELP 27.35%, INVN 19.65%, CTRP 25.75%, BYD 22.7%, LOGM 21.3%, SCOR 19%, MGAM 22%, BCOR 21%, MDSO 20.75%, FIO 17%, VSAT 19.3%, AKAM 17.7%, CLF 15%, WBMD 9.5%, MELI 17.85%, CPLA 18%, CTCT 15.65%, WAGE 15.45%, PERI 10.65%, RRD 15%, VECO 16.4%, HSTM 16.2%, TPC 11.95%, IPHI 13.5%, FDML 15.5%, CAB 16.4%, SYNA 9%, HCI 15.8%, MEOH 10.4%, TEAR 17.35%, MKTG 12.8%, ULTI 12.45%, NGVC 16.7%, OMG 16%, IRBT 13.7%, NOW 15.3%, QLIK 9.6%, LXK 8.1%, PODD 14.9%, SANM 15.3%, BGFV 9.2%, TRLA 12.85%, SNTS 10.65%, HTWR 13.8%, FIRE 7.45%, IMMR 12.7%, HOS 14.6%, HAR 8.25%, LL 11.6%, TXRH 10.2%, CSCO 12.6%, PRO 11%, OTEX 12.9%, AVG 13%, AXL 7.85%, GNRC 9.9%, FIX 10%, WAIR 11.8%, MTZ 10%, BZH 10.3%, BYI 10.6%, BCO 10.5%, WFM 10.1%, FSL 8%, WWWW 6.9%, SZYM 10%, TER 8.2%, COH 9.8%, ABCO 9.25%, SNCR 10.3%, DIOD 9.65%, FBHS 6.1%, CPA 7.85%, VSH 9.75%, ALXN 10.75%, PCP 7.65%, MHK 6.4%, JAH 6.6%, DAL 10.45%, POL 9.7%, STE 8.45%, ITG 9.65%, EQT 7.85%, DVA 10%, FOSL 9%, WFT 7.17%, OII 8%, CODE 9%, DHI 8.7%, RKT 5.88%, MYGN 8.25%, EOG 7.65%, DWA 7.3%, NTRI 7.45%, SAIA 6.88%, RYL 7.75%, JCP 7.37%, DDD 6.9%, REGN 7%, CDNS 7.85%, HGR 7%, CVI 8.1%, PRU 7%, YUM 7%, MTH 8.1%, DXCM 6.8%, LRCX 6%, PWR 5.95%, SGY 8.35%, MTD 6.2%, SIX 8.2%, WLK 7.87%, V 5.65%, CNQR 6.35%, STX 7.28%, CRI 6%, KKD 21.45%, OVTI 19.25%, GIII 21.1%, BLOX 14.5%, TFM 8.5%, CIEN 17.4%, ULTA 14.85%, HPQ 17.1%, PWRD 13.9%, MNRO 7.2%, THO 11.95%, EXPR 12.8%, FNSR 8.8%, HEI 7.5%, SKS 11.3%, CONN 11.35%, AVGO 9.85%, PVH 10.2%, QIHU 7.65%, CYBX 5.25%, CBRL 6.5%, MOD 7.85%

Q1 Earnings Losers

ACTG -27.3%, RDWR -22.6%, DLLR -19.35%, UTEK -17.85%, TITN -14%, TIBX -9.4%, AIRM -13.4%, NSIT -10.9%, TXT -13.4%, GHL -11.65%, MOV -10.45%, LAYN -11%, APOG -11.1%, FCS -9.85%, CY -9.7%, ORCL -9.7%, GPN -9.15%, IBM -8.27%, PBY -5.75%, SNDK -6.65%, GES -7.2%, WBS -5%, ARUN -25.6%, RAX -24.65%, RKUS -26.15%, NATI -11.25%, UIS -19.95%, EW -22%, DV -20.4%, RBC -19.75%, VCLK -15.85%, NUAN -18.3%, SWY -13.95%, CRR -17.35%, AXLL -16.35%, DXPE -15.15%, CRAY -17%, PANL -17.55%, BTH -13.85%, EPIQ -10.6%, ADNC -11.2%, SWI -14.55%, AGN -13%, PTRY -10.55%, PKI -12%, SCTY -12.4%, ITRI -10.2%, LNKD -12.95%, ARII -12.85%, MSI -9.25%, AUXL -12.65%, THOR -10.75%, XXIA -11.8%, AZPN -7.6%, CSC -9.65%, MNST -5.2%, Z -9.95%, AOL -8.9%, CTRX -7%, FSLR -8.9%, EXPE -9.85%, VSI -8.3%, DECK -8.55%, JNPR -9.6%, CNH -9.35%, KLAC -6.75%, RJF -8.45%, CRUS -8.9%, ATHN -8.75%, TRMB -8%, JCOM -7.4%, ANSS -7.5%, ABFS -9%, ABAX -7.3%, BIDU -7.9%, CHRW -7%, SSI -7.25%, WTS -6.35%, AGNC -7.35%, ECHO -6%, R -6.9%, CTXS -7%, MXIM -6.85%, SLAB -6%, TDC -4.55%, PAY -20.85%, SHLD -13.6%, LULU -17.55%, PANW -10.8%, HGG -11.9%, VRA -7.85%, NDSN -7%, SCS -7.2%, BIG -9%m ARO -10.4%, ANF -8%, DG -9.15%, FL -5%, CRM -5.35%

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