Traders Hit a Homerun in The Coca-Cola Company (KO)

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The Coca-Cola Company (KO) is an Atlanta based beverage and soft-drink manufacturer and distributor, and currently represents one of the world’s most recognizable brands. At the time of this post (1:30PM CST), KO is currently trading at 43.39, up 2.19% on the day. The stock is currently well within the upper portion of its 52 week trading range of 37.85-45.00, and today’s move higher represents a significant continuation move after yesterday’s bounce off of 42.00 level support on a daily chart.

KO has seen a huge move higher today as we continue to see bullish unusual options activity in the name. Our traders have been following the activity in this name since last week when massive blocks of the KO May 44 calls were bought. Our traders bought these calls and have since seen them double in value. Since then there have been more blocks of calls bought on multiple lines of calls. It seems like institutional traders are speculating on news in KO over the weekend. The stock has also broken above the Ichimoku Cloud and is now trading in bullish territory on a chart. With the improving technical story and the massive order flow in the name we are expecting a lot of upside in KO through the May expiration.

A Quick Double in SanDisk Corp. (SNDK) Using OptionHakcer

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SanDisk Corp. (SNDK) is a California based data and media storage solutions provider. At the time of this post (9:30AM CST), SNDK is currently trading at 81.10, up 3.91% on the day. The stock is currently still trading well within the lower portion of its 52 week trading range of 73.03-108.77, but today’s early sharp move higher represents a significant push through the 81.00 resistance level on a daily chart.

Even with the stock trading well below the cloud traders put on some very bullish positions in SNDK today. Earlier today a trader bought 2,500 on the SNDK Mar 6th Weekly 79 Calls for $1.15. These calls hit OptionHacker around 8:51 CT and the stock ripped to session highs right after the order hit. These calls soared higher with the stock and have already traded as high as $2.89 making this an absolute blowout winner.

If a trader bought a 20 lot of these calls they would have profited $3,480 at the highs. Even though the broader market is flat today unusual options activity is still able to provide opportunities like this.

Trade: A trader bought 2,500 on the SNDK Mar 6th Weekly 79 Calls for $1.15
Risk: $115 per 1 lot
Reward: Unlimited
Breakeven: $80.15

Weekly Options Hit the Tape in Tenet Healthcare Corp. (THC)

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Tenet Healthcare Corp. (THC) is a Dallas based hospital and healthcare services facility operator. At the time of this post (12:10PM CST), THC is currently trading at 47.06, up 3.13% on the day. The stock is still firmly within the lower portion of its 52 week trading range of 37.95-63.61, as it looks to recover from steep sell-offs in November (post-earnings) and January.

Earlier this morning at around 10:49AM CST, OptionHacker detected and flagged some unusually bullish options activity in THC as a trader stepped in and bought a large block of 1,000 of the Feb 27 weekly 46.5 strike calls. This trader lifted the offer of 0.45 across multiple exchanges in an opening bullish sweep transaction that went off against an open interest of just 18 contracts in the strike. With just over one full day of trading remaining before this weekly option’s expiration, this trader’s timely entry has thus far been a lucrative one, as these options have already traded as high as 0.82 on the day as THC broke higher over the 46.60 level intraday and has not looked back since. With such short time remaining until expiration however, this trader may be well suited taking some profits into this move up as we head into tomorrow’s potentially volatile weekly expiration.

Trade: Trader Bought 1,000 of the THC Feb 27th Weekly 46.5 Calls for $0.45
Risk: $45 per 1 lot
Reward: Unlimited
Breakeven: $47.95

These calls have already traded as high as $0.80 today making this an extremely profitable trade.

Traders Are Rolling the Dice on Caesars Entertainment Corporation (CZR)

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Caesars Entertainment Corporation (CZR) is Las Vegas based casino and resort facility operator. At the time of this post (12:30PM CST), CZR is currently trading at 11.74, up 8.70% on the day. Despite today’s impressive move higher on a bounce off of 10.00 level support, the stock still remains well within the lower portion of its 52 week trading range of 8.51-26.74.

Earlier this morning at approximately 11:22AM CST, OptionHacker detected and flagged some unusually bullish options activity in CZR as a trader stepped in and bought 4,531 of the Apr ’15 13.0 strike calls, paying well above the ask at 0.48 per contract. Going off against almost no open interest at all in the strike, we can be confident that this was an opening bullish position looking to profit from continued upside in CZR as buyers attempt to push share prices higher back towards 15.00 resistance on the daily chart by the April monthly options expiration. With an initial cash outlay of about $217,488 before commission costs, this trader has been rewarded almost immediately after this timely purchase, as CZR continues its upward climb on the day and the option prices continue to rise. Already we have seen this contract printing as high as 0.75 just an hour after OptionHacker flagged the initial unusual call purchase, and with just over 50 days remaining before expiration, this position has already established a significant profit buffer, meaning this trader will likely be looking for more upside as we move forward into the coming months. We will be monitoring CZR accordingly as it continues its rebound off of the year’s lows.

Trade: Trader bought 4,531 CXR Apr 13 calls for $0.48
Risk: $48 per 1 lot
Reward: Unlimited:
Breakeven: $13.48

These calls have already traded as high as $0.80 on the day making this an extremely profitable trade.

Transocean Ltd. (RIG) Put Spread Trader is Back Again

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Transocean Ltd. (RIG) is a Swiss based company engaged primarily in the area of offshore oil and natural gas drilling and exploration. At the time of this post (11:55AM CST), RIG is currently trading at 15.98, up 0.19% on the day. The stock is currently sitting just above the 52 week lows of 14.50, as multiple attempts to break higher over 20.00 level resistance on the daily chart have failed over the last few months. The stock has remained in a steep decline over the course of the past year in a highly correlated move along with the continuing downward slide in the price of crude oil. RIG is set to report earnings today, 2/25/2015 after the market close.

Yesterday at approximately 11:45AM CST, OptionHacker detected and flagged some unusually bearish options activity in RIG, as a large trader stepped in and bought 13,981 of the RIG Apr ’15 15.0-11.0 strike put spreads for a net debit of 1.00 per one lot of this spread. With an initial cash outlay of approximately $1,398,100 before commission costs, this large trader is looking to profit from a continued move new lows in RIG below 14.00 after earnings and as we progress into the April monthly options expiration about 50 trading days away. As mentioned above, the technical setup in RIG is currently very bearish, as the stock remains below the continually downward sloping Ichimoku Cloud and all relevant moving averages on the daily chart. This bearish setup in conjunction with yesterday’s heavy put spread buying in RIG has me leaning very bearish this name going into tonight’s earnings announcement, and I will be looking to establish a short position in this name before the close of trading today.

Trade: Trader bought 13,981 RIG Apr 15-11 Puts for $1.00
Risk: $100 per 1 lot
Reward: $300 per 1 lot
Breakeven: $14.00

I like this order and have made money trading RIG put spreads on UOA in the past so I put on this same position for $0.98.

Traders Adding to Bullish Positions in The Coca-Cola Company (KO)

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The Coca-Cola Company (KO) markets over 500 beverages around the world. The company’s stock is currently trading around $42.00 in a 52 week range of $37.22-$45.00. KO shares have not moved much this year with stock lower on the year by only 0.57%. Despite the lack of movement in KO this year traders have been extremely bullish the name as we have seen many large blocks of calls being bought in KO. Earlier this morning a trader added to a large position in
KO implying they believe there will be more upside in KO.

Earlier this morning a trader bought 13,914 KO May 44 calls for $0.50. This is call volume 7 times the average call volume in KO. Over 25,000 contracts have now traded on that line and will add to the open interest of over 47,000 contracts. Although KO is trading below the cloud on the daily chart this bullish order flow is too large to ignore. Our traders bought these calls along with other bullish options positions in KO.

Trade: I bought the KO May 44 Calls for $0.53
Risk: $53 per 1 lot
Reward: Unlimited
Breakeven: $44.53

Options Causing a Ruckus in Ruckus Wireless, Inc. (RKUS)

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Ruckus Wireless, Inc. (RKUS) is a California based Wi-Fi hardware, software solution and service provider catering primarily to business enterprise customers. At the time of this post (12:20PM CST), RKUS is currently trading at 11.69, up 7.84% on the day. The stock is currently within the lower-middle portion of its 52 week trading range of 8.65-15.5, and continues its rebound off of the 9.00 support level which began in mid-January.

Earlier this morning, OptionHacker detected and flagged some unusually bullish options activity in RKUS just moments before the stock broke upward on increased volume, through the 11.00 resistance level on the intraday chart. At approximately 9:42AM CST, a trader came in and bought a large block of 1,842 RKUS Aug ’15 50.0 strike calls at the ask of 0.50. This trader lifted the offer across multiple exchanges, and when compared to the minuscule open interest of just 28 contracts in this strike, we can surmise confidently that this was an opening long transaction looking to profit from continued upside in RKUS. With an initial cash outlay of about $92,100 before commission costs, this trader was rewarded almost immediately for their timely purchase, as these options have already traded as high as 0.70 on the day, just hours after OptionHacker caught this early trade. With considerable time remaining before the August monthly options expiration (182 trading days), we will continue to monitor this bullish position in RKUS for continued upside, both on the day and into the near future.

Trade: A trader bought 1,842 RKUS Aug 15 Calls for $0.50
Risk: $50 per 1 lot
Reward: Unlimited
Breakeven: $15.50

These calls have already traded a high as $0.70 making this a very profitable trade.

Massive Activity in The Coca-Cola Company (KO) Leads to Huge Profits

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The Coca-Cola Company (KO) is an Atlanta based manufacturer and international distributor of soft-drinks and non-alcoholic beverages. At the time of this post (1:55PM CST), KO is currently trading at 42.14, up 0.98% on the day. The stock is currently trading in the upper half of its 52 week trading range of 36.89-45.00, and has seen an increase in share prices today after an earlier announcement that the company would be raising its quarterly dividend payment to shareholders by 8% for the coming disbursement.

Earlier this morning at approximately 9:02AM CST, OptionHacker detected and flagged some hugely bullish options activity in KO that preceded the stock’s notable move higher on the session. A trader came in and bought 20,931 of the KO May ’15 44.0 strike calls at the ask price of 0.33. In conjunction with an examination of the open interest in the strike which shows just 10k contracts heading into today’s trading, we can confidently surmise that this was an opening bullish transaction looking for continued upside in KO in the coming months. With an initial cash outlay of approximately $690,723 before commission costs, this large call position was almost immediately profitable for this trader as KO has climbed steadily throughout the day, and the options reflecting a current bid ask spread of 0.54 x 0.55. We will continue to monitor this position in KO for continued upside heading into the May monthly options expiration approximately 85 trading days away.

Trade: A trader bought 20,931 KO May 44 Calls for $0.33
Risk: $33 per 1 lot
Reward: Unlimited
Breakeven: $44.33

These calls have already traded as high as $0.56 on the trading day making this an extremely profitable trade. More blocks of these hit the tape today as well with over 50,000 contracts now trading on that line.

Bullish Order Flow Pays off in Westlake Chemical Corp. (WLK)

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Westlake Chemical Corp. (WLK) is a Houston based chemical and fabricated building material manufacturer. At the time of this post (10:55AM CST), WLK is currently trading at 67.54, up 1.66% on the day. The stock is currently trading within the lower portion of its 52 week trading range of 53.43-98.44, though over the course of the past month it managed to breakout above and hold over the key 60.00 price level on the daily chart. WLK opened this morning’s trading session with a gap lower, down to around 65.00, but has since managed to rally back and is currently trading just off the intraday highs.

Earlier this morning at approximately 8:51AM CST, OptionHacker detected and flagged some unusually bullish options activity in WLK as a trader came in and bought a large block of 2,000 of the Mar ’15 70.0 strike calls for 1.10. This trader lifted the offer across multiple exchanges, in a sweep transaction that represented a 4.5X average daily options volume in WLK and went off against a minuscule open interest of just 17 contracts in this strike. We can confidently surmise that this was an opening bullish transaction, looking to profit from a continued rally in WLK over the next month, with just over 29 days left before the March monthly options expiration. With an initial cash outlay of about $220,000 before commissions, this trader’s timely purchase was rewarded almost immediately, as just over two hours into this trade, these call options have already traded as high as 1.90 as WLK continues to press the intraday highs. It appears at the moment that this trader is continuing to hold this profitable position, and we will be closely monitoring WLK for potential continued upside as we move into the coming month.

Trade: A trader bought the WLK Mar 70 calls for $1.10
Risk: $110 per 1 lot
Reward: Unlimited
Breakeven: $71.10

These calls have already traded as high as $1.88 on the session making this trade an absolute blowout winner. Another great trade from OptionHacker!

Massively Profitable Activity Hits OptionHacker in Tesoro Corporation (TSO)

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Tesoro Corporation (TSO) is a Texas based oil and gas refining company that distributes bulk/wholesale transportation fuels as well as retail gasoline and diesel products. At the time of this post (12:45PM CST), TSO is currently trading at 86.46, up 3.84% on the day. The stock is currently well within the upper portion of its 52 week trading range of 47.03-89.18, and is trading just off the year’s highs after a slight pullback in share prices last week managed to hold over the 80.00 support level on the daily chart.

Earlier this afternoon at approximately 12:07PM CST, OptionHacker detected and flagged some unusually bullish options activity as simultaneous large block orders hit the tape in both the Feb ’15 85.0 strike calls and the Feb 27th ’15 86.0 strike calls just as the stock began to break through 85.00 intraday resistance. A trader stepped in and bought 1,475 of the Feb monthly 85.0 calls expiring this week for 1.06, and another 2,153 of next week’s weekly Feb 27th expiration 86.0 calls for 1.22, aggressively paying above the offer across multiple exchanges in both cases.

After these calls hit the tape shares of TSO ripped to session highs and these calls moved higher with the stock.

Trade: A trader bought 2,153 TSO Feb 27th Weekly 86 Calls for $1.22
Risk: $122 per 1 lot
Reward: Unlimited
Breakeven: $87.22

Trade: A trader bought 1,475 TSO Feb 85 Calls for $1.06
Risk :$106 per 1 lot
Reward: Unlimited
Breakeven: $86.06

The TSO Weekly 86 have already traded as high as $2.34 and the Feb 85 have traded as high as $2.32. This means that both of these options doubled in a matter of less than an hour making this an extremely profitable trade.