Gilead Sciences, Inc. (GILD) Bulls Eye a Bigger Bounce

Gilead Sciences, Inc. call volume is trading at two times the intraday average

Dec 5, 2014 at 1:15 PM
facebook X logo linkedin


Although Gilead Sciences, Inc. (NASDAQ:GILD) stumbled after hitting a record peak of $116.83 in late October, the stock found support near the century mark, and was last seen trading at $105.11 -- up 3.2% on the day. Amid today's analyst-induced bounce, calls are crossing the tape at two times the average intraday pace -- a change of pace to the withstanding trend -- with a number of speculators rolling the dice on an extended rise over the next six weeks.

GILD's most active option is the at-the-money January 2015 105-strike call, where 7,280 contracts are on the tape. The majority of the action has occurred on the ask side, and implied volatility is up 1.9 percentage points -- pointing to the purchase of new positions.

Today's call buyers will profit if Gilead Sciences, Inc. (NASDAQ:GILD) is resting above breakeven at $108.98 (strike plus the volume-weighted average price of $3.98) at the close on Friday, Jan. 16 -- when the back-month options expire. Profit is theoretically unlimited beyond here, while losses are capped at the initial premium paid, should the stock settle south of the strike at expiration. At last check, delta on the call was docked at 0.52, suggesting a 52% chance the option will be in the money at expiration.

 

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