Unusual Options Activity, Wed 5/17/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• IQ May 6 calls (volume: 15.5K, open int: 3560, implied vol: ~109%, prev day implied vol: 92%). 3500 contracts traded in a single transaction. Co is expected to report earnings mid-June.
• FHN Jun 10 calls are seeing interest with the underlying stock up 5% (volume: 1500, open int: 0, implied vol: ~69%, prev day implied vol: 62%). Co is expected to report earnings mid-July.
• CRDO Aug 10 calls are seeing interest with the underlying stock up 10% (volume: 1960, open int: 0, implied vol: ~55%, prev day implied vol: 52%). Co is confirmed to report earnings May 31 after the close.
  

Bearish Put Activity:

• TAP May 62.5 puts (volume: 1890, open int: 640, implied vol: ~34%, prev day implied vol: 26%). Co is expected to report early earnings August.
• CHPT May 7.5 puts (volume: 20.2K, open int: 840, implied vol: ~75%, prev day implied vol: 71%).  We noted put activity yesterday (see 5/16 13:17). 20K traded in a single transaction. Co is confirmed to report earnings June 1 after the close.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.94, VIX: (17.10, -0.90, -5.0%).
This week is options expiration -- Friday, May 19th is the last day to trade May equity options.

-=Molson Coors Brewing (TAP) reported earnings on Tue 12 Feb 2019 (b/o)

Molson Coors Brewing beats by $0.05, misses on revs

• Reports Q4 (Dec) earnings of $0.84 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $0.79; revenues fell 6.2% year/year to $2.42 bln vs the $2.53 bln S&P Capital IQ Consensus.
• HL on a brand volume basis(1) in constant currency decreased by 0.4 percent, driven by unfavorable sales mix across our segments, partially offset by higher net pricing.
• Worldwide brand volume of 22.0 million hectoliters decreased 1.5 percent, due to lower volume in the U.S. and Canada, partially offset by growth in Europe and International.

Earnings this week : Feb. 11 - 15, 2019 (wk 7)

Earnings confirmed to report this week:

Monday (Feb 11)

• Morning: CNA DO GPRE KMPR L MCY MDP MPAA NSP QSR
• Afternoon: AMBR, AMKR ACB BHF BRS BRX BRKR CHGG CMP ROAD DCP ELVT RE FARM FMC RAMP MIME MOH MGI LABL NWE OHI OMF PYX RNG VRNS VECO VNO 

Mon pm/Tue am (vol): https://finviz.com/screener.ashx?v=211&t=AMBR,AMKR,ACB,BHF,BRS,BRX,BRKR,CHGG,CMP,ROAD,DCP,ELVT,RE,FARM,FMC,RAMP,MIME,MOH,MGI,LABL,NWE,OHI,OMF,PYX,RNG,VRNS,VECO,VNO,AYR,ARCC,FIS,HUN,IPGP,JLL,MLM,MDSO,TAP,NNN,NP,NRZ,OMC,ONDK,SABR,SHOP,STE,TOWR,UAA,USFD,WEC,WELL&ta=0&o=-volume

Tuesday (Feb 12)

• Morning: AYR ARCC FIS HUN IPGP JLL MLM MDSO TAP NNN NP NRZ OMC ONDK SABR SHOP STE TOWR UAA USFD WEC WELL 
• Afternoon: ACGL AIZ AKAM AQ ATVI AVLR BFAM BXMT CNO CRAY CSOD DEI DENN EXEL GRPN HUBS IRTC JCOM KRNT LSCC MPWR OXY QLYS QUOT REXR RPAI RRR SHO SPSC TRIP TWLO UDR UIS

Tue pm/Wed am (vol):  https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=ACGL,AIZ,AKAM,AQ,ATVI,AVLR,BFAM,BXMT,CNO,CRAY,CSOD,DEI,DENN,EXEL,GRPN,HUBS,IRTC,JCOM,KRNT,LSCC,MPWR,OXY,QLYS,QUOT,REXR,RPAI,RRR,SHO,SPSC,TRIP,TWLO,UDR,UIS,AB,ACCO,BABY,BKI,CAMT,CBM,CBRE,CBZ,CEVA,CFX,CIGI,CIM,CRL,CRTO,CVE,DBD,DISH,ECOM,FLIR,FUN,GLPI,GOLD,GPN,HLT,IPG,IRWD,KELY-A,LAD,LPX,LXFT,NVMI,TECK,TEVA,TMHC,WH

Wednesday (Feb 13)

• Morning: AB ACCO BABY BKI CAMT CBM CBRE CBZ CEVA CFX CIGI CIM CRL CRTO CVE DBD DISH ECOM FLIR FUN GLPI GOLD GPN HLT IPG IRWD KELY.A LAD LPX LXFT NVMI TECK TEVA TMHC WH 
• Afternoon: AIG AKR AMGP ANDE AR ARES ARI ASGN BAND BCOV BKD CF CHEF CPA CRY CSCO CTL CTRE CXP DIOD DVA EQC EQIX FCPT FNF FOSL FR FRT H HCP HR IFF IVC KAI KGC LPI MFC MGM MRO NGVT NLY NPO NTAP NUS OII OIS PGRE PPC PRSP PS PXD QDEL QTWO REG RYAM SKT SLF SNBR SPWR STAG SVMK SWIR TCO TCX TRUP TSE VNDA WCN WMB YELP

Thursday (Feb 14)

• Morning: AAN AEE AER AGIO ALE ALKS ARCH AVP AZN BAM BCOR BGCP BLMN BWA CBB CCEP CME COWN CYBR DGX DNOW DUK EEX EPAM EQM EQT FAF GEO GLOG GNRC GOOS GTLS HII HPP INCY IQV IRM KO LECO MANU MGP MTRN NICE NSIT PATK PBF PBFX PDS POOL PPL R SIX SMI SMP SON STFC STNG THS TPX TRP TRTN TRU TU VMC WLH WM WSO WST YETI ZBRA ZTS
• Afternoon: AEM AIRG AMAT AMN ANET AUY BL CBS CC CGC CGNX CPS CVA ELLI GLOB HTA INVH  LOGM  MERC MRC MX NVDA PDFS RDFN RWT SPXC SSNC TLND TNET TREX TRUE VICI WES WGP WRE XPO 

Friday (Feb 15)

• Morning: ABR AXL CHH CPSI DAN DE TSX:ENB FTS MCO NWL PEP POR SXT TYPE WBC YNDX ZEUS

=Molson Coors Brewing Co. (TAP) reported earnings on Wed 2 Aug 2017 (b/o)

DENVER (AP) _ Molson Coors Brewing Co. (TAP) on Wednesday reported second-quarter profit of $323.3 million.

On a per-share basis, the Denver-based company said it had profit of $1.49. Earnings, adjusted for one-time gains and costs, were $1.66 per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.11 per share.

The beer maker posted revenue of $3.79 billion in the period. Its adjusted revenue was $3.09 billion.

Molson Coors shares have fallen slightly more than 8 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 11 percent. The stock has declined 12 percent in the last 12 months.

=Molson Coors Brewing (TAP) reported earnings on Thur 11 Feb 2016 (a/h)

** charts before earnings **




** charts after earnings **

Molson Coors Brewing reports Q4 in-line with preannouncement :

• Reports Q4 (Dec) earnings of $0.49 per share, excluding non-recurring items,in-line with the Capital IQ Consensus of $0.49; revenues fell 13.3% year/year to $844.4 mln vs the $847.54 mln Capital IQ Consensus. 
• Results are in line with preliminary financial results provided on January 26: Q4 EPS of $0.46-0.52 vs. $0.54 Capital IQ Consensus, revs $830-860 mln vs $850.3 mln consensus.
• Worldwide beer volume: 13.8 million hectoliters, decreased 1.7%; Coors Light volume increased 0.8% worldwide and 13.5% in Europe and International.