Unusual Options Activity Fri 3/15/24

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:

• VFC March 14.5 Calls (volume: 2523, open int: 85, implied vol: ~125%, prev day implied vol: 65%). Co is expected to report earnings mid May.
• ARMK March 31 Calls (volume: 2405, open int: 9, implied vol: ~135%, prev day implied vol: 22%). Co is expected to report earnings early May.

Bearish Put Activity:

• Z March 51 Puts are seeing interest with the underlying stock down 15% (volume: 1438, open int: 0, implied vol: ~256%, prev day implied vol: 54%). Co is expected to report earnings early May.
• USFD March 55 Puts (volume: 1250, open int: , implied vol: ~177%, prev day implied vol: 20%). Co is expected to report earnings early May.

Sentiment: The CBOE Put/Call ratio is currently: 0.90, VIX: (14.40, +0.65, +4.73%).
March 15 is options expiration -- the last day to trade March equity options.

=Zillow (Z) reported earnings on Mon 6 Aug 2018 (a/h)

Zillow to acquire Mortgage Lenders of America; terms not disclosed 
Mortgage Lenders of America, a national mortgage lender, headquartered in Overland Park, Kan. The transaction, which is subject to the satisfaction of customary closing conditions, including mortgage regulatory approvals, is expected to close during the fourth quarter of 2018. Terms of the deal were not disclosed.

SEATTLE (AP) _ Zillow Group Inc. (ZG) on Monday reported a loss of $3.1 million in its second quarter.

On a per-share basis, the Seattle-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, were 13 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The online real estate marketplace posted revenue of $325.2 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $325.1 million.

For the current quarter ending in October, Zillow said it expects revenue in the range of $337 million to $347 million.

The company expects full-year revenue in the range of $1.32 billion to $1.35 billion.

Zillow shares have increased 45 percent since the beginning of the year.

Earnings this week : Aug 6 - 10, 18 (wk 32)

Notable earnings out this week

Monday (August 6)

• Morning: CTB  BID CAH NWL  SEAS TSN 
• Afternoon: CDEV ETSY HTZ MAR MOS  RNG Z  ZG  TWLO TLND WTW  AEL AKCA AMRS ANDV ANDX ANSS APLE ARNA ATSG AVD AWR BHF BKD BKH BRKS BWXT CBT   CMP CPE CRY CRZO CVCO DCO DPLO DVAX EDIT   EVBG FATE FIVN FRGI FRPT  HHC   ITRI KMT KRNT LGND LMNX     MTSC MTW MWA MXWL NCMI NGHC NPTN NSA NVGS OAS OFIX OTTR PI PLOW PLYA RBC REN   RPD SNHY SYKE TCMD THC  TRTX TUSK  WMC  ZGNX 

Tuesday (Aug 7)

• Morning:  ACM AES AFI AMRC ANIP AQUA ARMK ATKR AVNS AYR BHC BIOS BLD BOLD BR CEVA CORE CROX DEA DF DISCA DNR DQ EGN EGRX EMR EPC EXPD FSS GSKY GTN HAE HLNE HZN IIVI IONS JELD LABL LGIH LPX MGP MNK NHI NJR NS NWN ODP OMI ONCE ONDK PPL PRIM QNST RDUS RHP SAGE SATS SN SNH SPNS TAST TDG TECH TGH TGNA TRS USAC USCR VGR VPG VSH VSM XRAY ZBRA 

• Afternoon:   AAOI  AAXN AIZ ALB ALRM AMBR ANDE ARA BECN BIO BLDR BOFI BOOT BTG CAR CARG CBLK CGBD CIVI CLR CSOD CUTR CWH CYBR DCP DDD DHT DIOD DIS DK DXC DXPE ENV ESE EVH EVRI FGEN FOSL FTK G GCP GWPH HALO HCKT HDP HST ICHR IFF INFN INGN INSP IOSP IPAR IVC IVR JAZZ KAR KRO LC LRN MMI MODN MTCH MXL NEWR NNI NP NVTA OPK ORA PAA PAGP PBPB  PE  PEN PLT POWL PRA PRAA PRI PRMW PRSC PTCT PUMP PXD PZZA QDEL QTWO RLJ RWT SFLY SIEN SNAP SRC SUPN SWX TPC TPIC TRHC TWNK TWO VSLR WEN WK WRD XEC XOG 

Wednesday (Aug 8)

• Morning:   ATHM   CARS CBB CHH CLNY CNDT CNK CRL CSTE CUB CVS DEPO DLPH EBIX ENDP ETM EXTR FI FRTA GEL GOGO GVA HRI HZNP ITG JLL KDP KELYA KORS LAMR LITE LXP MGA MIDD MYL NOVT NXST NYT SBGI SINA  SO STE STWD SUP TGI TLRA TPB TRI WAAS WB WWW WYND

• Afternoon: ACAD ACTG ADT AINV AMBC AMPH ANGI AOSL APEI ATO AVT AYX AZPN BKNG BREW BV CISN COLL CPA CTL CVNA CXW DAR DNB DOOR ECPG ELF ENS EQIX ETE ETP EVRG FANG FG FLO FLS FNV FOXA FSM GBDC GDOT HPR IAC IAG INSY JACK KAMN KIDS LASR LOPE MBI MELI MFC MNST MRAM MUR NEU NKTR NNBR NTES NTRA NUAN NVAX OCLR ORIG OSUR OUT OXY PAAS PDCE PEGA QHC RGLD ROKU RPT SAIL SD SEMG SENS SGMO SJI SLF SRPT SUN TCX TIVO TTGT UHAL UPLD VNOM VRTU WMGI XPER YELP ZTO

Thursday (Aug 9)

• Morning:   BAM BPMP CABO CCE CDAY DDS DSKE FBM GCI GOOS HIMX HL HPT IMOS KOP LAUR LNG LOXO MMS MNTA MPAA NCLH NICE NOMD OGE PEGI PLUG PQG PRGO PRTY PTLA RDNT SGRY SMI SND SNR SPH TRCO TTI UNT  UPL VIAB VRTV VSTO WBT WIN WMS WP

• Afternoon:  ACXM AIRG AL ALTR ASYS AVID AVLR BW CDNA  CHUY COLD CORT CYRX DBX ECOM  ELGX  EPAY FNKO FSCT ICUI INVH JAG JCOM LGF.A MCHP MIME NWSA OLED OMER OSTK  PBYI PCTY PLNT RBA RDFN ROAD RUN  SPPI SSRM SYNA  TRUE  TTD UNIT VSAT WOW WPRT WTTR XON

Friday (Aug 10)

• Morning:  AIT ERF MDP RUTH

=Zillow (Z) reported earnings on Mon 7 May 2018 (a/h)

Zillow beats by $0.01, reports revs in-line; guides Q2 revs below consensus; reaffirms FY18 guidance; CFO retires 

• Reports Q1 (Mar) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.06; revenues rose 22.0% year/year to $299.9 mln vs the $298.72 mln Capital IQ Consensus; EBITDA $46.3 mln. The number of Premier Agent accounts, including accounts of brokerages and other teams, spending more than $5,000 per month grew by 58% year-over-year and increased 58% on a total dollar basis.
• Preannounced April 12: Raised Q1 EBITDA guidance to $45-47 mln from $42-47 mln; raised Q1 revenue guidance to $299-301 mln from $291-296 mln.
  Raised FY18 revenue guidance to $1.43-1.58 bln from $1.30-1.32 billion and lowered FY18 EBITDA guidance to $260-285 mln from $300-315 mln.
• The number of Premier Agent accounts, including accounts of brokerages and other teams, spending more than $5,000 per month grew by 58% year-over-year and increased 58% on a total dollar basis.
• Co issues downside guidance for Q2, sees Q2 revs of $322-327 mln vs. $347.21 mln Capital IQ Consensus Estimate; EBITDA $49-57 mln.
• Co reaffirms guidance for FY18, sees FY18 revs of $1.43-1.58 bln vs. $1.44 bln Capital IQ Consensus Estimate; EBITDA $260-285 mln
• Chief Financial Officer and Chief Legal Officer Kathleen Philips is retiring from her role as CFO effective May 31, 2018. Jennifer Rock, Zillow Group's vice president of financial reporting, technical accounting and FP&A, will serve as interim CFO while the company engages an executive recruiting firm to search for a new CFO. Kathleen will step down as CFO and continue to serve as chief legal officer through the end of 2018 and transition toward retirement in 2020.

=Zillow (Z) reported earnings on Tue 7 Feb 2017 (a/h)

• Zillow reports 4Q loss

SEATTLE (AP) _ Zillow Group Inc. (Z) on Tuesday reported a loss of $23.5 million in its fourth quarter.

On a per-share basis, the Seattle-based company said it had a loss of 13 cents. Earnings, adjusted to extinguish debt and for stock option expense, came to 14 cents per share.

The real estate website operator posted revenue of $227.6 million in the period.

For the year, the company reported that its loss widened to $220.4 million, or $1.22 per share. Revenue was reported as $846.6 million.

For the current quarter ending in April, Zillow said it expects revenue in the range of $232 million to $237 million.

The company expects full-year revenue in the range of $1.03 billion to $1.05 billion.

Zillow shares have increased 1 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $36.87, more than doubling in the last 12 months.

2011 largest IPOs - by market cap

(Links go to Google Finance)

Name	Symbol	Last price on 8/31/11	Market Cap
Kinder Morgan Inc (Google Finance)	KMI	25.85	20.92B
Nielsen Hldg NV  (Google Finance)	NLSN	29.66	10.64B
HCA Holdings Inc (Google Finance)	HCA	20.03	10.36B
Yandex NV	YNDX	30.97	10.00B
Linkedin  (Acq'd by MSFT 6/16)	LNKD	84.12	8.10B
Arcos Dorados Holding...	ARCO	27.57	5.78B
Kosmos Energy Ltd	KOS	13.88	5.41B
HomeAway, Inc.	AWAY	41.84	3.37B
Dunkin' Brands Group Inc	DNKN	26.34	3.33B
Renren Inc	RENN	7.34	2.88B
Freescale Semicond...	FSL	11.50	2.82B
Qihoo 360 Technology Co...	QIHU	23.80	2.77B
GNC Holdings Inc	GNC	24.20	2.51B
Air Lease Corp	AL	22.81	2.30B
BankUnited	BKU	23.45	2.28B
Pandora Media Inc	P	13.20	2.13B
Fusion-IO, Inc.	FIO	25.04	1.95B
CVR Partners, LP Common...	UAN	24.33	1.78B
Bankrate Inc	RATE	16.65	1.66B
RLJ Lodging Trust	RLJ	13.26	1.41B
KiOR Inc	KIOR	13.80	1.41B
RPX Corp	RPXC	27.10	1.28B
C&J Energy Services Inc	CJES	26.14	1.24B
Servicesource Intl. Inc	SREV	18.07	1.23B
Adecoagro SA	AGRO	10.62	1.16B
Wesco Aircraft Holdings...	WAIR	12.31	1.05B
Golar LNG Partners LP	GMLP	25.71	1.00B
Zillow Inc	Z	37.18	1.00B
Francesca's Holdings...	FRAN	22.93	998.05M
SunCoke Energy, Inc	SXC	14.16	991.20M
Teavana Holdings, Inc.	TEA	25.95	987.15M
Vanguard Health...	VHS	12.94	924.94M
Tornier N.V.	TRNX	23.39	916.21M
Active Network Inc	ACTV	16.18	889.90M
Spirit Airlines...	SAVE	12.08	875.71M
Solazyme Inc	SZYM	14.01	835.97M
Lone Pine Resources Inc	LPR	9.73	827.24M
InterXion Holding NV	INXN	12.56	824.17M
Zipcar Inc	ZIP	21.03	820.95M
American Assets Trust...	AAT	20.12	790.39M
Cornerstone OnDemand...	CSOD	15.52	745.96M
Sandridge Mississippian...	SDT	26.06	729.68M
Demand Media Inc	DMD	8.65	725.99M
Tesoro Logistics LP	TLLP	23.44	708.00M
Responsys Inc	MKTG	14.56	685.13M
Jiayuan.com Intl. Ltd	DATE	12.91	611.46M
Oiltanking Partners LP	OILT	23.99	466.60M
Skullcandy Inc	SKUL	16.54	446.13M
Endocyte, Inc.	ECYT	10.96	389.83M
VOC Energy Trust	VOC	22.34	375.87M
Sagent Pharmaceuticals...	SGNT	22.99	365.98M
Magnachip Semiconductor...	MX	8.96	357.54M
Tangoe Inc	TNGO	11.07	347.55M
NGL Energy Partners LP	NGL	21.40	316.37M
Taomee Hldgs. Ltd...	TAOM	8.45	316.06M
The Chefs Warehouse, Inc	CHEF	14.50	299.67M
Boingo Wireless Inc	WIFI	8.75	289.99M
TMS International Corp.	TMS	7.37	289.32M
Gevo, Inc.	GEVO	10.67	276.96M
Fluidigm Corporation...	FLDM	13.49	269.70M
China Zenix Auto Intl...	ZX	5.05	260.63M
Phoenix New Media Ltd...	FENG	6.62	239.23M
Summit Hotel Properties...	INN	8.28	225.86M
Sequans Communications...	SQNS	5.92	204.37M
Alexander Mortgage REIT...	MITT	18.43	185.24M
Apollo Residential...	AMTG	17.75	182.29M
American Capital...	MTGE	18.20	182.11M
Stag Industrial Inc	STAG	10.76	171.01M
Imperial Holdings, Inc.	IFT	7.42	157.32M
Box Ships Inc	TEU	9.72	156.62M
Horizon Pharma Inc	HZNP	8.00	153.18M
NeoPhotonics Corp	NPTN	6.10	150.95M
Compressco Partners LP	GSJK	15.51	143.60M
Pacira Pharmaceuticals... (Google finance)	PCRX	7.66	132.01M
BG Medicine, Inc.	BGMD	6.04	116.65M
Trunkbow Intl. Holdings...	TBOW	2.96	108.36M
21Vianet Group Inc	VNET	12.02	107.68M
Zuoan Fashion Ltd (ADR)	ZA	3.01	83.32M
Tranzyme Inc	TZYM	3.10	73.50M
AcelRx Pharmaceuticals...	ACRX	3.40	66.03M
NetQin Mobile Inc	NQ	6.14	56.27M
Kips Bay Medical, Inc.	KIPS	3.20	50.35M
China Century Dragon...	CDM	0.0000*	41.00M
Preferred Apartment...	APTS	7.05*	36.46M
BCD Semicond. Manufactur...	BCDS	5.82	17.20M