Options Check-Up: Expedia Inc, FedEx Corporation, Juniper Networks

Analyzing recent option activity on EXPE, FDX, and JNPR

Digital Content Group
Dec 12, 2014 at 7:55 AM
facebook X logo linkedin

Among the stocks attracting attention from options traders lately are travel website Expedia Inc (NASDAQ:EXPE), package delivery concern FedEx Corporation (NYSE:FDX), and tech issue Juniper Networks, Inc. (NYSE:JNPR). Below, we'll break down how option buyers are positioning themselves, and how much speculators are willing to pay for their bets on EXPE, FDX, and JNPR.

  • EXPE has been a long-term climber on the charts, adding nearly 40% year-over-year, despite a 0.5% gain yesterday to close at $87.32. Somewhat surprisingly, sentiment in the equity's options pits is bearish. Expedia Inc's 50-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) put/call volume ratio of 0.82 sits only 7 percentage points from an annual high, revealing puts have been bought to open over calls at a faster-than-normal pace of late. If EXPE can keep its upward momentum, though, a capitulation among these skeptics could translate into tailwinds for the shares. The stock's short-term options are currently inexpensive, on a volatility basis, per its Schaeffer's Volatility Index (SVI) of 29%, which ranks in the 11th percentile of its 52-week range.

  • Shares of FDX have been on a tear. After yesterday's 0.2% gain, the stock has now added 30% in the past 52 weeks to land at its current perch of $176.88. Options traders remain overwhelmingly bullish on FedEx Corporation, with its 50-day ISE/CBOE/PHLX call/put volume ratio of 1.42 ranking higher than 96% of all similar readings taken in the past year. However, per its SVI of 29% -- which is in its 72nd annual percentile -- FDX's near-term options are on the expensive side, from a volatility standpoint.

  • JNPR has struggled this year, shedding 5.3%. Continuing this trend, yesterday the equity lost 0.3% to close at $21.37. In the past two weeks, speculators have been betting on a reversal of fortunes. Per the equity's 10-day ISE/CBOE/PHLX call/put volume ratio, 5.09 calls have been bought to open for every put. Also, this ratio lands in the 80th percentile of its annual range, suggesting a healthier than usual appetite for bullish bets over bearish. Juniper Networks, Inc.'s short-term options can be had at bottom-dollar prices, on a volatility basis, as its SVI of 21% ranks in the 9th percentile of its annual range.


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