|Over a week ago|
Scorpio Tankers put volume heavy and directionally bearish » 11:3506/2606/26/20
Bearish flow noted in…
Bearish flow noted in Scorpio Tankers with 4,487 puts trading, or 4x expected. Most active are Nov-20 9 puts and Aug-20 19 calls, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 1.61, while ATM IV is up over 3 points on the day. Earnings are expected on July 29th.
Scorpio Tankers price target lowered to $45 from $55 at B. Riley FBR » 08:0606/1906/19/20
B. Riley FBR analyst Liam…
B. Riley FBR analyst Liam Burke lowered the firm's price target on Scorpio Tankers to $45 from $55 and keeps a Buy rating on the shares following the company's Q2 update of daily time charter equivalent rates. Although significantly higher than a year ago, the updated rates were below expectations, says the analyst, who reduced Q2 EBITDA estimates. However, Burke's positive outlook for the tanker sector and Scorpio Tankers has not changed.
Scorpio Tankers downgraded to Hold from Buy at Pareto » 05:2306/0406/04/20
Pareto Securities analyst…
Pareto Securities analyst Eirik Haavaldsen downgraded Scorpio Tankers to Hold from Buy with an $18 price target.
|Over a month ago|
Scorpio Tankers call volume above normal and directionally bullish » 11:0506/0206/02/20
Bullish option flow…
Bullish option flow detected in Scorpio Tankers with 4,406 calls trading, 1.3x expected, and implied vol increasing almost 3 points to 85.66%. Jan-22 35 calls and Jun-20 22 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.35. Earnings are expected on July 29th.
Scorpio Tankers downgraded to Sell from Hold at Fearnley » 05:4206/0206/02/20
Fearnley analyst Peder…
Fearnley analyst Peder Jarlsby downgraded Scorpio Tankers to Sell from Hold with a $15 price target.
Largest borrow rate increases among liquid names » 08:4505/1805/18/20
PRTY, RVLV, JMIA, UEC, SDC, APY, VHC, STNG, FCEL
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Party City (PRTY) 25.89% +16.04, Revolve Group (RVLV) 39.32% +1.66, Jumia Technologies (JMIA) 4.40% +0.60, Uranium Energy (UEC) 3.26% +0.58, SmileDirectClub (SDC) 255.87% +0.47, Apergy (APY) 6.44% +0.27, VirnetX (VHC) 18.51% +0.23, Scorpio Tankers (STNG) 0.97% +0.19, US Global Jets ETF (JETS) 12.28% +0.18, and FuelCell (FCEL) 5.30% +0.17.
Scorpio Services Holding buys 100K shares of Scorpio Tankers in open market » 17:2305/1205/12/20
Scorpio Tankers announced…
Scorpio Tankers announced that Scorpio Services Holding Limited, a related party, has purchased 100,000 common shares of the company at an average price of $17.36 per share in the open market. The company currently has 58,672,080 common shares outstanding, of which the Scorpio Group of companies, including SSH, owns 2,657,839 or 4.5%.
Largest borrow rate increases among liquid names » 08:4505/0605/06/20
ADNT, VAL, CHK, STNG, SSL, JNUG, HSBC, LBTYK
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Adient (ADNT) 0.80% +0.52, Valaris Plc (VAL) 28.46% +0.31, Chesapeake (CHK) 120.61% +0.27, Scorpio Tankers (STNG) 1.23% +0.27, Sasol (SSL) 14.23% +0.23, Direxion Junior Gold (JNUG) 3.14% +0.21, HSBC (HSBC) 0.50% +0.16, Direxion Daily China Bull 3X Shares (YINN) 1.17% +0.11, iShares Goldman Sachs Software Index Fund (IGV) 1.49% +0.10, and Liberty Global (LBTYK) 0.35% +0.10.
Scorpio Tankers reports Q1 EPS 82c, consensus 51c » 06:4005/0605/06/20
Reports Q1 revenue…
Reports Q1 revenue $254.2M, consensus $237.72M.
Unusually active option classes on open May 4th » 09:4005/0405/04/20
DKNG, TSN, STNG, UNG, NAT, CGC, ATVI, GE, NOK
Unusual total active…
Unusual total active option classes on open include: DKNG (DKNG), Tyson Foods (TSN), Scorpio Tankers (STNG), U.S. Natural Gas Fund (UNG), Nordic American Tankers (NAT), Canopy Growth (CGC), Activision Blizzard (ATVI), General Electric (GE), Direxion Daily S&P Bear (SPXS), and Nokia (NOK).