4/23 Earnings Preview

Let’s start with the earnings calendar

There are just too many good names to discuss every one in full detail, so what I’m going to do is post the unusual options flows from my data over the last couple months on nearly 60 of them. So this post will be very long but full of very valuable data on each individual name. Remember these trades are all unusual size based on the historical averages within the name. Some I had noted the specific size if it really stood out. You have to remember with millions of trades placed a day in the options market, I don’t see the benefit of noting every single trade, just the handful that are so odd in size that they need to be.

This post will only be the quality names reporting, many have nothing of unusual size open at the moment like Humana or Mastercard so that’s why you won’t find them. With a name like Teledoc I just didn’t include it because I don’t think it is quality name no matter what Cathie Wood says. So if I skipped something it either lacks data or I don’t think highly of it meaning I don’t want you trading junk names. I organized them based on premarket or after hours by day to make it easy to schedule your trades. This should give you a better idea of the levels institutions are placing trades at. All the expired ones will not be included. You will have to check the open interest on names you are interested in playing to verify if the trades are still open, most if not all should be.

Remember with these large trades many times the calls/puts bought can be hedges on large long/short positions. The puts sold are really the ones I pay extra attention to because those are levels where someone is looking to get long. Also remember just because a fund puts on a huge trade, they aren’t always right either. The purpose of this all is to note where the big bets are placed to get a better feel for things. The reason I database it all is to model a direction. 1 trade is just 1 trade, but if a flurry of trades are all bullish or bearish, then we can slowly see a trend developing.

Monday After Hours

Tuesday Pre Market