Before we start diving into the ER stocks for the week, lets look at what we posted a few weeks ago .
Promo Code at the end of the newsletter 👇
Options weekly : 19th July 2024 (2/2)
Because this week has been so special we are broke this newsletter into 2 parts for this week. Here is the part 2
link back to : https://jarvisalerts.substack.com/i/146738621/semi-spy-and-qqq
Our Jarvis algo did it’s job and warned and screamed about the sentimental shift.
We knew that the week ending 19th July was special, that’s why we had a two part newsletter that week.
Hope you followed and listened to the Flow Commentary we had on that newsletter edition.
If you did not, not to worry, it’s all there please go back and read up again and check the expiration dates.
SPY Chart:
Anyways, lets resume back to ER plays for this gone week.
Very busy ER week.
$TSLA $CMG $GOOGL $VZ $VRT $SPOT $AAL $ENPH $F $UPS $CLF $GE $NOW $GM $T $V $IBM $VKTX $LVS $NUE $KO $FCX $NEM $LW $APH $CLS $DXCM $TXN $SAP $NXPI $NEE $LMT $BMY $ABBV $CB $HAS $SKX $TFC $TXRH $STX $COF $CMCSA $CHTR $HON $MMM $LUV $MEDP $CCK $RTX NYCB 0.00%↑
courtesy :@eWhispers
NXPI
Flow for the NXPI ER expiration was reported as all bearish.
Here we are interested in looking at different timeframes. If you look for any expiration dates reported. You would find a BLOCK 300C order for NXPI for 18th Oct 2024 for total to 2.17M + 480K
Now this is significant, should have to keep this is mind, but the expiration is for Oct so whale was probably looking past ER. Also, we checked the OI on those options, the recent OI showed a significant drop, that kind of spooked us.
chart: NXPI drops on ER
all the reported puts 275P, 265P and 285 are now DEEP in the money
275P from 5 —> 13
285P from 7.37 —> 22.5
chart:
CDNS
Flow did not show any clear edge on any direction. The flow was mixed.
On our platform you just don’t only see what to pick up for your radar, but when the data is like this you see what you should skip.
The ER reaction was pretty much premium burning action. You would be glad to avoid taking any ER plays* for such.
chart:
DHR
The flow was only green for the ER day
Risk takers were rewarded on the ER Play : Really amazing 8.4% up.
Those 250C and 260C are deep in the money.
260C from 1.8 —> 12 🚀🚀
250C from 3.6 —> 24 🚀🚀
GE
Not every ER you have play before the earnings are out. No matter how you slice it, ER plays before ER are risky and are little bit of gamble. Good news, you don’t have to do it. You can always play it after the ER is out, so let the whales digest the flow for you and tell you the way forward.
This is a classic example of post ER play.
Pre ER : Although more bullish flow than bearish, but hey market opens every weekday. Just freaking wait.. no ?
Post ER : Whales and market both got time to digest all the complicated numbers and future guidance and what not.
Those 175C at 1 went to 4+ within minutes
BOOM
LMT
Really clean flow into the ER, not much to dissect here much.
chart: paints the picture nice
DXCM
This one is extreme, very hard to identify but this person turned 28K into 830K
https://x.com/Jarvis_Alerts/status/1816577269256667588
Who ever this was they put their trade in the last 30 mins of the market close.
They went for same week expiration of 93P while stock was trading at 109
The second trade came in 2 mins before market close for 105P while stock was trading at 108.
Disaster for DXCM longs the stock dropped and closed at 64 next day.
PCT
Pretty neat, overly bullish, the charts in sync pretty well.
Chart:
RCL
Monday of the week into the day before 25th.
chart:
ER play** :
ERs are extremely risky, Jarvis will try to reduce risk for you by showing you truly unusual and highly directional bets from big boys in the market.
They either know something that others don’t. They could be right or wrong, but they tend to nail more than retail player who is just gambling (Trust me it’s a Lottery).
Like this flow in real-time ?
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