J.K.K.

May 28th, 2015

EVENING WRAP-UP
Market Indices
DJIA: 18126.12 (-36.87) S&P 500: 2120.79(-2.69) NASDAQ: 5097.98 (-8.62)

Options Action
Company
Ebay

Symbol
EBAY

VGK

Description
July 62.5
Call
June 25.5
Put
June (5) 94
Put
September
65 Call
October 30
Call
July 60 Call

Newmont
Mining
United Rentals

NEM

Reliance Steel &

Aluminum
Juniper
Networks
Vanguard FTSE
Europe
Market Vectors
Semiconductors
SPDR Select
Consumer
Discretionary
SPDR Select
Consumer
Discretionary
King Digital

RS

SMH

July 60 Call

1.25

4,484

29

XLY

September
74 Put

1.63

4,008

12,646

1x2 Put Ratio

Spread

XLY

September
69 Put

0.63

8,000

25,721

3600 x 7200

KING

July 17 Call

0.25

10,928

53

Bed Bath &

Beyond
Bed Bath &
Beyond

BBBY

August 67.5
Put
August 62.5
Put

1.61

3,025

5,157

0.58

6,000

6,037

3D Systems

DDD

0.65

2,069

118

Consol Energy

CNX

June 20.5
Put
June 30 Call

0.54

5,420

5,040

Blackhawk
Network
Holdings
Manulife
Financial
Xoma Corp

HAWK

September
35 Put

2.50

2,007

95

MFC

September
18 Call
September
4 Call

0.90 - 1.00

18,766

480

1.15

13,330

22,425

URI

JNPR

BBBY

XOMA

Price
0.70

Volume
19,727

OI
12,157

0.28

6,272

331

0.40 - 0.45

2,297

54

3.05 - 3.10

1,250

2,506

1.01

10,774

16,439

0.20 - 0.25

10,047

1,236

Notes

3K x 6K Put Ratio
Spread
Looks to be a
repeat spread
from 5/14

Shorting Puts

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DSW Inc

DSW

July 35 Call

1.10

7,228

3,309

H&R Block

HRB

1.18

10,134

237

OvaScience

OVAS

4.60

2,017

665

OvaScience

OVAS

0.60

2,000

54

Identiv

INVE

0.30

1,515

456

PepsiCo.

PEP

0.33

9,419

93

PepsiCo.

PEP

0.72

6,825

104

PVH Corp.

PVH

1.65 - 1.80

1,917

2,170

Ford Motor

0.12

9,968

1,156

ITT Educational
Services

ESI

October 34
Call
September
35 Call
September
55 Call
October 10
Call
June (5) 98
Call
June 96.5
Call
June 100
Put
June (12)
15.5 Call
October 1.5
Put

0.49 - 0.50

4,000

Coty Inc.

COTY

July 25 Call

1.05

1,400

1,552

Rovi
Corporation
Isis
Pharmaceuticals
GlaxoSmithKline

ROVI

June 20 Put

3.60 - 3.70

4,000

2,062

ISIS

1.55

1,455

20

0.75

2,058

1,357

Dish Network

DISH

3.11

2,050

216

Shorting Puts

Dish Network

DISH

3.21

2,055

249

Risk Reversal

NCR Corp.

NCR

0.60

1,500

77

Shorting Puts

NCR Corp.

NCR

0.65

3,000

234

Risk Reversal

Royal Caribbean

RCL

0.39 - 0.44

3,998

14,393

SPDR S&P 500

SPY

0.17

29,174

7,980

SPDR S&P 500

SPY

0.36

69,080

18,237

SPDR S&P 500

SPY

0.83

48,830

51,778

Starwood
Hotels
Mondelez
International
Yelp

HOT

0.36

9,437

3,785

MDLZ

June 69.5
Call
August 47
Call
September
67.5 Put
September
72.5 Call
October 26
Put
October 35
Call
June 82.5
Call
June (5) 204
Put
June (5) 207
Put
June (5) 210
Put
June 87.5
Call
June 40 Call

0.92 - 1.00

14,788

20,015

YELP

July 50 Call

3.40

17,973

248

Expedia

EXPE

July 97.5
Put

0.80

2,954

390

GSK

Roll from the July

34 Calls
Roll from the June
35 Calls
Call Spread

LOPE, BPI, APOL

with Bear Flow
Recently
Will Check OI
tomorrow

Put Butterfly
Spread

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Invesco
Mortgage
Capital
Invesco
Mortgage
Capital
National Bank
of Greece
Ensco

IVR

June 16 Call

0.20

3,515

162

IVR

October 16
Call

0.40

3,459

289

NBG

July 1 Put

0.15

7,809

534

ESV

June 22 Put

0.40 - 0.50

2,912

781

Chico's

CHS

June 17 Put

0.70

3,021

3,425

Grubhub

GRUB

July 45 Call

0.75

2,610

2,745

Earnings Central
Names Reported After the Close
Ticker

Company

Industry

EPS (Est)

EPS ( Act)

Rev (Est)

Rev (Act)

Notes

AVGO

Avago
Technologies

Semiconductor
- Broad Line

$2.01

$2.13

$1.63B

$1.61B

BLOX

Infoblox

$0.07

$0.12

$75.25M

$78.10M

BOOT

$0.12

$0.17

$88.50M

$103.30M

SSS Up 7.0%

DECK

Boot Barn
Holdings
Deckers Outdoors

Communication
Equipment
Apparel Stores

Acquiring
Broadcom
(BRCM)
Issues Outlook

$0.00

$0.04

$321.59M

$340.60M

GME

Gamestop

Textile Apparel
Footwear &
Accessories
Electronics
Stores

$0.59

$0.68

$2.01B

$2.06B

OVTI

OmniVision
Technologies

$0.21

$0.22

$279.08M

$285.90M

SPLK

Splunk

($0.03)

($0.01)

$118.21M

$125.70M

ULTA

Ulta Salon

Semiconductor
- Integrated
Circuits
Application
Software
Specialty Retail

$0.93

$1.04

$845.83M

$868.10M

VEEV

Veeva Systems

$0.10

$0.09

$87.95M

$89.90M

Healthcare
Information
Services

SSS Increased
8.6% driven by
10% growth in
new software
sales

Comps Increase
11.4%

3|Page

Mergers and Acquisitions

Company
Cardinal Health

Ticker
CAH

Industry
Drugs Wholesale

Avago Technologies

AVGO

Semiconductor - Broad Line

L-3 Communications

LLL

Aerospace/Defense

Becton, Dickinson, and

Company

BDX

Medical Instruments & Supplies

Notes
Johnson & Johnson (JNJ)
accepted Cardinal Health's
offer to acquire its Cordis
business for $2B
Will acquired Broadcom
(BRCM) for $77B
Acquired UK-headquartered
CTC Aviation Group for $220M
Exploring Sale of Surgical
Instruments Unit

Insider Action
Company

Symbol

Trade Value

Martin Marietta Materials

MLM

$2,439,728

Sothebys

BID

$2,323,145

Sabre Corp.

SABR

$862,459,676

Norwegian Cruise Line

NCLH

$409,950,000

Zayo Group

ZAYO

$145,912,250

Armstrong World Industries

AWI

$86,394,898

Dynegy

DYN

$41,745,684

Legg Mason

LM

$16,918,283

Company

Symbol

Buyback Amount

Airgas Inc.

ARG

$500 Million

Agilent Technologies

$1.14 Billion

Buybacks

4|Page