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AMD

AMD

$28.24

-0.7 (-2.42%)

, CHK

Chesapeake

$1.28

-0.055 (-4.12%)

08:55
10/09/19
10/09
08:55
10/09/19
08:55

Notable open interest changes for October 9th

Tuesday's total option volume of 20.3 million contracts resulted in net open interest growth of 2.66 million calls and 2.58 million puts. Advanced Micro (AMD), Chesapeake (CHK), NIO (NIO) and Apple (AAPL) saw the greatest growth. Top five new positions opened include 50k AT&T (T) Nov-19 44 calls, 31k NIO (NIO) Jan-21 2 calls, 20k Chesapeake (CHK) Dec-19 2 calls, 20k Chesapeake (CHK) Dec-19 2 puts and 17k AT&T (T) 10/11 weekly 36.5 puts.

AMD

AMD

$28.24

-0.7 (-2.42%)

CHK

Chesapeake

$1.28

-0.055 (-4.12%)

NIO

NIO Inc.

$1.71

0.165 (10.68%)

AAPL

Apple

$224.37

-2.61 (-1.15%)

  • 30

    Oct

  • 06

    Nov

  • 07

    Nov

  • 20

    Nov

AMD AMD
$28.24

-0.7 (-2.42%)

09/30/19
SUSQ
09/30/19
NO CHANGE
SUSQ
China macro improves as tech independence accelerates, says Susquehanna
Susquehanna analyst Christopher Rolland said his trip to Asia revealed an improving macro environment as china accelerates its plans for technological independence. The analyst noted CPU shortages at both Intel (INTC) and AMD (AMD) as well as expectations for an (AAPL) Apple iPhones sales peak expected in October.
09/30/19
NOMU
09/30/19
NO CHANGE
NOMU
Nomura Instinet still cautious on semiconductors after Micron report
Micron Technology (MU) last week provided November quarter guidance for a 37% year-over-year decline in sales and a further drop in gross margin, to 25.5%, Nomura Instinet analyst David Wong tells investors in a research note titled "Little Evidence of Recovery Yet." Further, August global chip shipment data showed a continuing year-over-year decline in the mid- to high-teens range, adds the analyst. Wong remains cautious on the semiconductor and semiconductor equipment industry overall.
09/24/19
WEDB
09/24/19
NO CHANGE
Target $245
WEDB
Outperform
Apple makes 'smart poker move' with Austin shift, says Wedbush
Wedbush analyst Daniel Ives notes that Apple (AAPL) announced that it will commit to building its redesigned Mac Pro in Austin, Texas after securing tariff exemption on a majority of its requests, including partially assembled main circuit boards and graphics cards which contain chips from Intel (INTC), Nvidia (NVDA), and AMD (AMD). The analyst believes "this is an example of smart and strategic balanced production" from Apple and should be viewed as a move in good faith heading into the December 15th possibility of the additional 10% tariff on the $300B of Chinese goods. On the supply chain, Ives thinks Apple is aggressively looking at alternative options within the supply chain around moving 5%-7% of iPhone production to India and/or Vietnam, away from China, which would in a best case scenario be ready to roll 18 months from now. The analyst believes the China overhang has resulted in a $20-$25 hit to Apple's stock, and would be a buyer of Apple stock. Ives reiterates an Outperform rating and $245 price target on the shares.
09/20/19
MZHO
09/20/19
NO CHANGE
MZHO
Mizuho checks indicate computer CPU and GPUs are trending better
Mizuho analyst Vijay Rakesh says his channel checks indicate computer CPU and GPUs are trending better in Q3 with new product launches, but also some pull-ins ahead of potential Q4 tariffs. The analyst believes Intel (INTC) is "opportunistically and aggressively" pricing its i3 processor, although he expects AMD (AMD) to pick up some share into year-end. In data center, Rakesh believes AMD's ramp could be slowed by price competition and testing. The analyst also remains positive on Western Digital (WDC) and Micron Technology (MU) into earnings, citing better pricing and PC trends. He maintains Buy ratings on Intel and Nvidia (NVDA, and a Neutral on rating AMD.
CHK Chesapeake
$1.28

-0.055 (-4.12%)

06/28/19
06/28/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Procter & Gamble (PG) upgraded to Buy from Neutral at Goldman Sachs with analyst Jason English saying there is room for further relative outperformance of the shares despite their 41% rise over the past 52 weeks. 2. AutoZone (AZO) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Nagel saying he is incrementally optimistic in its underlying potential after having spent considerable time with senior leadership at the firm's recent conference. 3. Chesapeake (CHK) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Devin McDermott saying he now see a clearer path toward lower leverage and that his recent time with management pointed toward solid execution on operational improvements. 4. Smart Global (SGH) upgraded to Buy from Hold at Needham analyst Rajvindra Gill saying the shares are down 31% since the start of 2019 as its Brazil segment continues to be pressured by falling memory pricing. 5. KB Home (KBH) upgraded to Market Perform from Underperform at Raymond James with analyst Buck Horne saying the company's "healthy" orders in Q2 mitigate the downside risk. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/19
RAJA
08/08/19
DOWNGRADE
Target $3
RAJA
Market Perform
Chesapeake downgraded to Market Perform from Outperform at Raymond James
Raymond James analyst John Freeman downgraded Chesapeake Energy to Market Perform from Outperform saying the company's outspend gap is wider than he expected.
08/08/19
RAJA
08/08/19
DOWNGRADE
RAJA
Market Perform
Chesapeake's outspend gap wider than expected, says Raymond James
Raymond James analyst John Freeman downgraded Chesapeake Energy to Market Perform from Outperform saying the company's outspend gap is wider than he expected. In a research note to investors, Freeman says that while Chesapeake has made a lot of progress pivoting to oilier assets, the preliminary 2020 outlook discussed by management suggests that the cash flow outspend gap remains much wider than he had previously anticipated. The analyst believes more pressure is placed on executing non-core asset sales to shore up the balance sheet, given capital requirements over the next several years.
09/30/19
SBSH
09/30/19
NO CHANGE
Target $22
SBSH
Buy
New Fortress Energy price target raised to $22 from $18 at Citi
Citi analyst Ryan Levine raised his price target for New Fortress Energy (NFE) to $22 from $18 to reflect benefits from low gas prices as well as the company's potential to renegotiate with Chesapeake (CHK). The analyst keeps a Buy rating on New Fortress Energy.
NIO NIO Inc.
$1.71

0.165 (10.68%)

10/04/19
10/04/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. HP Inc. (HPQ) downgraded to Hold from Buy at Loop Capital with analyst Ananda Baruah citing HP's Analyst Day presentation disclosing strategic initiatives, job cuts, and a free cash flow guide of $3B in FY20 vs. $3.7B in FY21. 2. Insulet (PODD) downgraded to Neutral from Buy at UBS with analyst Matthew Taylor citing valuation. 3. NIO Inc. (NIO) downgraded to Neutral from Buy at Goldman Sachs with analyst Fei Fang saying Nio's share price has fallen 40% since September 24, when the company announced Q2 results, which Fang attributes to uncertainties about volume since Chinese EV sales have rapidly declined after the government reduced electric vehicle subsidies and about the company's capital structure and funding needs. 4. EchoStar (SATS) downgraded to Neutral from Buy at Citi with analyst Michael Rollins saying the company's lack of free cash flow and limited visibility on its future growth prospects will likely limit the potential for multiple expansion. 5. Ambarella (AMBA) resumed with a Hold from Buy at Stifel with analyst Tore Svanberg saying he believes inventory build in security surveillance, especially China, could limit near term upside in the stock. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/04/19
GSCO
10/04/19
DOWNGRADE
Target $1.47
GSCO
Neutral
Goldman Sachs downgrades NIO Inc. to Neutral, slashes target to $1.47 from $9.76
Goldman Sachs analyst Fei Fang downgraded NIO Inc. to Neutral from Buy with a price target of $1.47, down from $9.76. Nio's share price has fallen 40% since September 24, when the company announced Q2 results, which Fang attributes to uncertainties about volume since Chinese EV sales have rapidly declined after the government reduced electric vehicle subsidies and about the company's capital structure and funding needs. Fang maintains a 2023 estimate of the total addressable market for EVs in China of 1M new car sales, but lowered Nio's 2023 market share forecast to 15% from 25% due to more intense EV competition.
09/26/19
WOLF
09/26/19
DOWNGRADE
Target $1.9
WOLF
Peer Perform
NIO Inc. downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research analyst Dan Galves downgraded NIO Inc. to Peer Perform from Outperform, stating that the company's cash burn was worse than expected in Q2 and its volume and margin guidance was "disappointing." The company's financing outlook has become "completely unclear" and the lack of a financing announcement along with earnings is "concerning," said the analyst, who set a $1.90 price target on the stock.
10/04/19
GSCO
10/04/19
DOWNGRADE
GSCO
Neutral
NIO Inc. downgraded to Neutral from Buy at Goldman Sachs
AAPL Apple
$224.37

-2.61 (-1.15%)

10/07/19
CLVD
10/07/19
NO CHANGE
CLVD
Buy
Apple estimates raised at Cleveland Research on positive iPhone launch signs
Cleveland Research analyst Ben Bollin raised his iPhone revenue estimates for Apple's fourth quarter and FY20 as his checks suggest initial demand from the device refresh to be ahead of targets. Inventory seems tighter than last year and supply chain discussions have suggested positively revised forecasts, leading Bollin to increase his assumptions by about 3M units to reflect the favorable initial feedback and near-term demand momentum.
10/08/19
PIPR
10/08/19
NO CHANGE
Target $243
PIPR
Overweight
Piper survey shows Apple's dominance among teens 'remains well intact'
Piper Jaffray analyst Michael Olson says Apple's share of smartphone ownership was flat in his firm's Fall 2019 teens survey. Of the 9,500 respondents surveyed, 83% have an iPhone, Olson tells investors in a research note. He believes that the iPhone may have room to move higher, however, with 86% of teens anticipating their next phone to be an iPhone, tied for the highest ever in the survey. Further, the Apple Watch was the top smartwatch among teens, garnering 20% share, with the Samsung Gear next on the list at 2%, Olson adds. Overall, the analyst views the survey data as a sign that Apple's place as the dominant device brand among teens "remains well intact." He reiterates an Overweight rating on Apple shares with a $243 price target.
10/09/19
ADAM
10/09/19
NO CHANGE
Target $260
ADAM
Buy
Apple price target raised to $260 from $240 at Canaccord
Canaccord analyst T. Michael Walkley raised his price target on Apple to $260 from $240 following his North American survey which indicated iPhone 11 strength. With this strength he now believes the September quarterly results could come in at the high end of guidance. Walkley reiterated his Buy rating on Apple shares.
10/09/19
RSBL
10/09/19
NO CHANGE
Target $265
RSBL
Neutral
Netflix price target lowered to $265 from $330 at Rosenblatt
Rosenblatt analyst Bernie McTernan said his estimate for Netflix's (NFLX) Q3 subscriber additions is roughly in-line with guidance but he believes the focus of the company's upcoming earnings report will be on the subscriber guidance for Q4, which he thinks "will be treated with greater than normal skepticism" as it will be coming roughly 2 weeks prior to the launch of AppleTV+ (AAPL) and 4 weeks ahead of the launch of Disney+ (DIS). He predicts the heightened competition will lead Netflix to miss the consensus subscriber growth forecast for Q4 and he also sees competition putting upward pressure on content spending, McTernan tells investors. Ahead of the upcoming report, he lowered his price target on Netflix shares to $265 from $330 and keeps a Neutral rating on the stock.

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FB

Facebook

$184.34

2.07 (1.14%)

11:05
10/23/19
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11:05
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CNC

Centene

$48.49

-0.28 (-0.57%)

11:05
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10/23
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11:05
Options
Centene call volume above normal and directionally bullish »

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D

Dominion

$83.07

0.29 (0.35%)

11:03
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10/23
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Dominion, Smithfield Foods double investment in renewable natural gas to $500M »

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BA

Boeing

$345.52

8.07 (2.39%)

11:02
10/23/19
10/23
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11:02
Hot Stocks
Boeing CFO says it will take 'several quarters' to deliver parked 737 MAX jets »

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  • 23

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BA

Boeing

$345.79

8.34 (2.47%)

11:00
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11:00
Hot Stocks
Breaking Hot Stocks news story on Boeing »

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  • 23

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MMM

3M

$166.93

-0.63 (-0.38%)

10:55
10/23/19
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10:55
Options
3M put volume heavy and directionally bearish »

Bearish flow noted in 3M…

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  • 24

    Oct

GLOG

GasLog

$14.29

0.325 (2.33%)

, GLOP

GasLog Partners

$20.24

0.35 (1.76%)

10:55
10/23/19
10/23
10:55
10/23/19
10:55
Conference/Events
Deutsche Bank shipping analyst to hold analyst/industry conference call »

Analysts, along with…

GLOG

GasLog

$14.29

0.325 (2.33%)

GLOP

GasLog Partners

$20.24

0.35 (1.76%)

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BA

Boeing

$346.26

8.81 (2.61%)

10:54
10/23/19
10/23
10:54
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10:54
Hot Stocks
Breaking Hot Stocks news story on Boeing »

Boeing CEO says…

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  • 23

    Oct

BA

Boeing

$346.90

9.45 (2.80%)

10:53
10/23/19
10/23
10:53
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10:53
Hot Stocks
Breaking Hot Stocks news story on Boeing »

Boeing sees first…

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  • 23

    Oct

FCX

Freeport McMoRan

$9.98

0.06 (0.60%)

10:51
10/23/19
10/23
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10:51
Hot Stocks
Freeport McMoRan says current copper prices not sustainable »

Management said the…

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  • 23

    Oct

BA

Boeing

$347.23

9.78 (2.90%)

10:50
10/23/19
10/23
10:50
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10:50
Hot Stocks
Breaking Hot Stocks news story on Boeing »

Boeing: US-China trade…

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  • 23

    Oct

UXIN

Uxin

$2.68

-0.04 (-1.47%)

10:47
10/23/19
10/23
10:47
10/23/19
10:47
Downgrade
Uxin rating change  »

JPMorgan downgrades Uxin…

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BA

Boeing

$348.24

10.79 (3.20%)

10:43
10/23/19
10/23
10:43
10/23/19
10:43
Hot Stocks
Boeing CEO says may consider further 737 rate reductions, line shutdown »

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  • 23

    Oct

BA

Boeing

$348.52

11.07 (3.28%)

10:41
10/23/19
10/23
10:41
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10:41
Hot Stocks
Boeing expects to maintain current production rate for 737 MAX »

Expects to maintain…

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  • 23

    Oct

KRE

SPDR S&P Regional Banking ETF

$53.96

-0.2 (-0.37%)

10:40
10/23/19
10/23
10:40
10/23/19
10:40
Options
Size put spread in Regional Banking ETF rolls long puts to higher strike »

Size put spread in…

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10:40
10/23/19
10/23
10:40
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10:40
General news
Energy Action: WTI crude »

Energy Action: WTI crude…

BA

Boeing

$349.46

12.01 (3.56%)

10:37
10/23/19
10/23
10:37
10/23/19
10:37
Hot Stocks
Breaking Hot Stocks news story on Boeing »

Boeing CEO says…

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  • 23

    Oct

BA

Boeing

$349.60

12.15 (3.60%)

10:36
10/23/19
10/23
10:36
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10:36
Hot Stocks
Boeing: FAA, others will ultimately determine timing of MAX return to service »

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  • 23

    Oct

BA

Boeing

$349.40

11.95 (3.54%)

10:35
10/23/19
10/23
10:35
10/23/19
10:35
Hot Stocks
Breaking Hot Stocks news story on Boeing »

Boeing says sees approval…

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  • 23

    Oct

HOG

Harley-Davidson

$39.46

-0.57 (-1.42%)

10:35
10/23/19
10/23
10:35
10/23/19
10:35
Options
Harley Davidson put volume heavy and directionally bearish »

Bearish flow noted in…

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10:35
10/23/19
10/23
10:35
10/23/19
10:35
General news
FX Action: USD-CAD »

FX Action: USD-CAD has…

BA

Boeing

$349.81

12.36 (3.66%)

10:35
10/23/19
10/23
10:35
10/23/19
10:35
Hot Stocks
Boeing says has conducted more than 800 tests in production flights »

Says has conducted more…

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  • 23

    Oct

BA

Boeing

$349.65

12.2 (3.62%)

10:34
10/23/19
10/23
10:34
10/23/19
10:34
Hot Stocks
Boeing CEO says 'regrets' difficulties that release of IM document has presented »

Says "understands…

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  • 23

    Oct

BA

Boeing

$349.52

12.07 (3.58%)

10:33
10/23/19
10/23
10:33
10/23/19
10:33
Hot Stocks
Boeing CEO says 737 MAX accidents 'weigh heavily on us' »

Sys "nothing is more…

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  • 23

    Oct

USO

United States Oil Fund

$11.37

0.025 (0.22%)

10:30
10/23/19
10/23
10:30
10/23/19
10:30
General news
Crude inventories for week of October 18 »

Crude oil inventories…

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