Unusual Options Activity

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:

• UNIT Aug 4 calls are seeing interest with the underlying stock up 10% (volume: 3570, open int: 0, implied vol: ~82%, prev day implied vol: 69%). 3500 contracts traded in a single transaction. Co is confirmed to report earnings May 4 before the open.
• CFG May 32.5 calls (volume: 4070, open int: 1540, implied vol: ~59%, prev day implied vol: 48%). Co is confirmed to report earnings July 19 before the open.
• QCOM Apr 116 calls (volume: 5790, open int: 730, implied vol: ~35%, prev day implied vol: 32%). Co is confirmed to report earnings May 3 after the close.
• WBD May 13 calls are seeing interest with the underlying stock 4% (volume: 20.8K, open int: 150, implied vol: ~66%, prev day implied vol: 63%). 10K traded in a single transaction. Co is confirmed to report earnings May 5 before the open.
  

Bearish Put Activity:

• CLF Apr 15 puts (volume: 2610, open int: 500, implied vol: ~85%, prev day implied vol: 55%). Chairman, President & CEO and the EVP & President of CC Services bought a total of 107,300 shares worth ~$1.6 mln. Co is expected to report earnings mid-July.
  

Sentiment: The CBOE Put/Call ratio is currently: 1.01, VIX: (16.16, -0.87, -5.1%).
May 19 is options expiration -- the last day to trade May equity options.

Long trade : Uniti Group (UNIT) +20% (2/20)

• Feb. 10:  #29; vol. 2.2 M

 

Long trade : Uniti Group (UNIT) (3/18)

Uniti Group (UNIT)

• REIT - Industrial
• Div/yield 0.60/12.35

 

Uniti Group Inc., formerly Communications Sales & Leasing, Inc., is an internally managed real estate investment trust engaged in the acquisition and construction of infrastructure in the communications industry. The Company focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. It operates in four segments: Leasing, Fiber Infrastructure, Towers and Consumer Competitive Local Exchange Carrier (Consumer CLEC). The Leasing segment includes Uniti Leasing. The Fiber Infrastructure segment includes Uniti Fiber business. The Towers segment includes Uniti Towers and its ground lease investments. The Consumer CLEC segment includes Talk America. As of July 3, 2017, the Company and its subsidiaries owned approximately 88,100 fiber network route miles, representing approximately 4.8 million fiber strand miles and approximately 231,900 route miles of copper cable lines across 32 states.

Key stats and ratios

	Q2 (Jun '17)	2016
Net profit margin	-7.73%	-0.03%
Operating margin	27.56%	35.79%
EBITD margin	-	88.96%
Return on average assets	-1.77%	-0.01%
Return on average equity	-	-
Employees	316