Las Vegas Sands Corp (LVS) is a developer of casino and gaming resort properties in the U.S. and Asia. The company’s stock is currently trading around $69.60 in a 52 week range of $40.28-$70.62. The stock has rallied over 50% year to date and over 55% in the past 12 months. Today’s options activity in LVS suggests that the stock might have more room to run. Earlier in today’s session a trader bought 30,000 LVS Nov 72.5 calls for $1.44 indicating this trader believes LVS will continue to head higher through November expiration. This block of calls also represents volume 3.2 times the average option volume in LVS. This trade will also add to bullish sentiment in LVS with a current open interest put/call ratio of 0.74. LVS also reported better than expected earnings today after the close sending the stock higher. We believe that these conditions are lining up well for a long term trade in LVS. (more…)

A trader bought 1,000 EYCT Jan 10 Calls for $2.90 (4.5 times usual volume) with stock at $11.51
A trader bought 3,000 CHRW Jan 2015 85 Calls for $0.60 (3.5 times usual volume) with stock at $58.74
A trader bought 4,600 PWR Nov 30 Calls for $0.35 (12.2 times usual volume) with stock at $28.10
A trader bought 9,400 TMO Oct 95 Calls for $0.20 (13.3 times usual volume) with stock at $93.25
A trader bought 1,500 NGD Nov 5 Calls for $0.90 (3.7 times usual volume) with stock at $5.77

A trader bought 2,000 KBE Dec 31 Puts for $0.89 (9.9 times usual volume) with stock at $31.31
A trader bought 2,500 ANW Oct 10 Puts for $0.10 (21 times usual volume) with stock at $10.84
A trader bought 3,495 AMRH Nov 26 Puts for $1.15 (2.3 times usual volume) with stock at $48.81
A trader bought 1,500 CE Nov 50 Puts for $0.75 (2.7 times usual volume) with stock at $54.07

A trader bought 3,495 AMRH Nov 26 Puts for $1.15 (2.3 times usual volume) with stock at $48.81
A trader bought 1,500 CE Nov 50 Puts for $0.75 (2.7 times usual volume) with stock at $54.07
A trader bought 1,000 EYCT Jan 10 Calls for $2.90 (4.5 times usual volume) with stock at $11.51
A trader bought 3,000 CHRW Jan 2015 85 Calls for $0.60 (3.5 times usual volume) with stock at $58.74
A trader bought 2,000 KBE Dec 31 Puts for $0.89 (9.9 times usual volume) with stock at $31.31

Chipotle Mexican Grill, Inc (CMG) operates 1,230 restaurants in the United States focusing on a menu of burritos, tacos, and salads.  The company’s stock is currently trading around $439.50 in a 52 week range of $233.82-$447.65. The stock has been outperforming the market this year, rallying nearly 48% year to date and nearly 52% in the past 12 months. CMG is set to report their most recent quarterly earnings today after the bell. Historically, CMG is a strong performer on earnings day. The stock has rallied 5 of the past 8 quarters with an average move of 9.4%. CMG also looks very strong on a chart. The stock is trading well above the Ichimoku Cloud and is just off of its 52 week highs. With strong technical and strong historical performance we believe CMG sets up well for a long ahead of earnings.  Currently the options market is implying a $26.50, or 6%, move in CMG by tomorrows close.  Using this implied move we calculate an upside target of $466.50 for tomorrow’s close. With this target in mind we can now set up a trade. (more…)

Kandi Technologies Group, Inc (KNDI) designs, manufactures and commercializes electric vehicles in China. The company’s stock is currently trading around $7.75 in a 52 week range of $3.37-$9.20. The stock has performed very well this year, rallying nearly 95% year to date.  Options flow in KNDI has been relatively bullish over the past week leading us to believe there is an opportunity for a long stock swing trade in KNDI. Options markets are extremely bullish on KNDI with a current open interest put/call ratio of 0.31. KNDO is also trading in bullish territory according to the Ichimoku cloud. The stock is sitting right on short term support at $7.63 and this recent pullback in the stock offers an opportunity to get long. Buying stock at current levels with a stop below longer term support at $7.15 presents a good risk to reward set up. (more…)

Alcatel Lucent SA (ALU) is a French company that offers solutions for voice, video and data services to businesses and governments. The company’s stock is currently trading around $3.75 in a 52 week range of $0.97-$4.02. The stock has been outperforming the market this year, rallying nearly 170% year to date and over 250% in the past 12 months.  ALU options order flow suggests that this trend could continue as we have seen massive bullish bets being placed in ALU this week. In yesterday’s trading session we saw a trader sell 30,000 ALU Jan 3.5 puts for $0.35. This is an extremely bullish trade and obligates this put seller to buy 3 million shares of stock below $3.50. This gives us a great signal to get long ALU. We are looking to set up a covered call on ALU. A covered call will allow us to take the same view as the institutional trader while setting up a great return potential. (more…)