Keurig Green Mountain Falls Further; Bears Take Notice

Keurig Green Mountain Inc (GMCR) has been trending lower since November

Digital Content Group
Mar 25, 2015 at 10:58 AM
facebook X logo linkedin


Keurig Green Mountain Inc (NASDAQ:GMCR) has been in a downtrend since touching an all-time high of $158.87 on Nov. 18, giving back roughly a quarter of its value. The disappointing trend is continuing today, with the shares off 2.9% at $120.36, and speculators are betting on more downside, picking up puts at a rapid-fire rate. The contracts are crossing at twice the normal intraday pace, and account for nine of GMCR's 10 most active options.

The contract garnering the most attention is the weekly 3/27 121-strike put. Data here suggests buy-to-open activity, with speculators looking to profit on a move further south of $121 by Friday's close, when the options cease trading. GMCR has fallen as low as $119.77 today.

Daily chart of GMCR since November 2014

It's usually calls that attract speculators in the stock's options pits. During the past 10 days at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), options traders have bought to open nearly two calls for every put. The resultant call/put volume ratio comes in at 1.97, higher than 84% of all such readings from the past year.

Checking in on the Street, analysts have mixed feelings for Keurig Green Mountain Inc (NASDAQ:GMCR). Seven brokerage firms rate the shares a "buy" or better, with the other seven handing out "hold" or worse recommendations. What's more, GMCR could be in line for price-target cuts if it doesn't turn things around. The stock's consensus 12-month price target of $139.91 is a 16% premium to current levels

 

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