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Momentum names that made notable moves on Tuesday and could continue to do so into Wednesday's session include women's accessories designer Vera Bradley, Inc. (NASDAQ:VRA), solar power concern JinkoSolar Holding Co., Ltd. (NYSE:JKS), and oil-and-gas company Forest Oil Corporation (NYSE:FST). Here is a quick look at these stocks ahead of tomorrow's opening bell.

Vera Bradley, Inc. (NASDAQ:VRA)

Vera Bradley reached a fresh two-year peak of $29.97 early today, and at the sound of the closing bell, the stock maintained a 2.3% gain at $29.69. Meanwhile, call volume on VRA spiked to 37 times what is typically seen on a daily basis. About one-fourth of the calls transpired at the June 30 strike, which expires at the close on Friday, June 20 -- a time frame that includes VRA's annual shareholders meeting and quarterly earnings report, slated for Thursday, May 22, and Thursday, June 5, respectively. Meanwhile, outside of the options pits, more than half of VRA's available float is sold short, representing roughly 22 sessions' worth of pent-up buying demand, at the stock's average daily volume. The stock could be poised for a short-covering squeeze, should it continue to make its way into multi-year-high territory.

JinkoSolar Holding Co., Ltd. (NYSE:JKS)

JinkoSolar bounced 1% today to close at $27.63, after the company reaffirmed its first-quarter and full-year forecast. The company will report quarterly earnings ahead of the market's open on Tuesday, May 27. In response, speculators flooded JKS' options pits, picking up contracts at a rate that was nearly 60% above the average daily pace. Traders were particularly call-hungry today, and by the end of the session, calls outnumbered puts by a more than 2-to-1 margin. This activity is reflective of a longer-term trend in JKS' options pits. During the past 10 trading days, the equity has racked up an International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) call/put volume ratio of 8.41, with more than eight calls bought to open for every put. What's more, this ratio ranks in the 79th annual percentile, insinuating the recent rate of call buying, relative to put buying, is faster than usual.

Forest Oil Corporation (NYSE:FST)

Forest Oil shot up 13.4% today to close at $2.03, after announcing a definitive merger agreement with Sabine Oil & Gas LLC, under which the two companies will be combined in an all-stock transaction. As such, call volume on FST skyrocketed to 75 times the expected daily amount, while puts traded at 11 times the average daily rate. Nearly half of the day's calls crossed as a 10,000-contract block at the January 2015 3 strike, where it appears the calls were sold. From a broader perspective, FST's Schaeffer's put/call open interest ratio (SOIR) of 0.09 ranks lower than all comparable readings taken during the past 12 months, meaning call open interest (relative to put open interest) is at an annual-high level among options expiring within the next three months. It is possible that some of the long call activity has come at the hands of short sellers hedging against any near-term gains, considering short interest accounts for 19% of the stock's available float. Not to mention, FST is scheduled to report first-quarter earnings bright and early tomorrow morning.

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