Buzz Stocks: Anheuser Busch Inbev SA, Mobileye NV, and Starz

Today's stocks to watch in the news include Anheuser Busch Inbev SA (ADR) (BUD), Mobileye NV (MBLY), and Starz (STRZA)

Jun 30, 2016 at 9:22 AM
facebook X logo linkedin


Following two days of strong gains, the stock market's momentum appears to be cooling off, with futures only modestly higher pre-market. Meanwhile, among specific equities making news today are beer baron Anheuser Busch Inbev SA (ADR) (NYSE:BUD), automotive tech firm Mobileye NV (NYSE:MBLY), and entertainment stock Starz (NASDAQ:STRZA).

  • South Africa's competition tribunal gave the green light to the $100 billion merger between BUD and SABMiller. However, Anheuser Busch Inbev is also facing a European Union (EU) probe into a possibly "deliberate strategy to restrict so-called parallel trade of its beer." On the charts, the stock is up 2.6% pre-market, after settling yesterday at $126.30 -- a chip-shot from its record high of $132.91 in mid-April. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), though, traders have been buying to open puts over calls at an accelerated rate. BUD's 10-day put/call volume ratio across those exchanges is 6.56 -- just 4 percentage points from a 12-month peak.

  • MBLY is teaming up with Intel Corporation (NASDAQ:INTC) to develop self-driving car technology for BMW, according to Bloomberg. The report has sent Mobileye NV stock 9% higher in electronic trading, and a gap higher at the open would send the shares into positive year-to-date territory, after they closed Wednesday at $41.96. That would be a welcome sight for options traders, who have bought to open 8.41 MBLY calls for each put during the past two weeks -- a ratio that outstrips 96% of all others from the past year. Along similar sentiment lines, the brokerage crowd is generally upbeat toward the stock.

  • STRZA has agreed to a $4.4 billion cash-and-stock buyout offer from Lions Gate Entertainment Corp. (USA) (NYSE:LGF). After briefly being halted ahead of the open, Starz shares have resumed electronic trading, up 13%. Longer term, the stock is down close to 16% year-to-date, settling yesterday at $28.25. If STRZA's upward gap materializes at the open, bullish options traders could be handsomely rewarded. During the last 10 weeks at the ISE, CBOE, and PHLX, speculators have bought to open 9.54 calls for each put -- a ratio that outranks 94% of all others from the prior 12 months.
Sign up now for Schaeffer's Opening View newsletter to get a head start on all the major pre-market news!
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI