Wait, it's OE week?!?

[maui4marko]

InterOil Target of Unusually High Options Trading (IOC)

October 15th, 2013 - 0 comments - Filed Under - by Paige Hiatt

Shares of InterOil (NYSE:IOC) saw some unusual options trading on Monday. Traders bought 25,240 put options on the stock, AR Network reports. This represents an increase of approximately 407% compared to the typical volume of 4,979 put options.

Separately, analysts at Zacks downgraded shares of InterOil from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, July 29th. They now have a $89.00 price target on the stock.

InterOil (NYSE:IOC) opened at 64.56 on Tuesday. InterOil has a 52 week low of $50.90 and a 52 week high of $106.44. The stock’s 50-day moving average is $70.74 and its 200-day moving average is $75.7. The company has a market cap of $3.151 billion and a P/E ratio of 222.62.

InterOil (NYSE:IOC) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.27) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.07) by $0.20. The company had revenue of $345.70 million for the quarter, compared to the consensus estimate of $261.35 million. During the same quarter in the prior year, the company posted ($0.66) earnings per share. The company’s quarterly revenue was up 15.6% on a year-over-year basis. On average, analysts predict that InterOil will post $-0.34 earnings per share for the current fiscal year.

InterOil Corporation (NYSE:IOC) is an integrated energy company operating in Papua New Guinea and its surrounding Southwest Pacific region.

[katytrader]

[quote='maui4marko' pid='29901' dateline='1381866649']

InterOil Target of Unusually High Options Trading (IOC)

October 15th, 2013 - 0 comments - Filed Under - by Paige Hiatt

Shares of InterOil (NYSE:IOC) saw some unusual options trading on Monday. Traders bought 25,240 put options on the stock, AR Network reports. This represents an increase of approximately 407% compared to the typical volume of 4,979 put options.

Separately, analysts at Zacks downgraded shares of InterOil from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, July 29th. They now have a $89.00 price target on the stock.

InterOil (NYSE:IOC) opened at 64.56 on Tuesday. InterOil has a 52 week low of $50.90 and a 52 week high of $106.44. The stock’s 50-day moving average is $70.74 and its 200-day moving average is $75.7. The company has a market cap of $3.151 billion and a P/E ratio of 222.62.

InterOil (NYSE:IOC) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.27) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.07) by $0.20. The company had revenue of $345.70 million for the quarter, compared to the consensus estimate of $261.35 million. During the same quarter in the prior year, the company posted ($0.66) earnings per share. The company’s quarterly revenue was up 15.6% on a year-over-year basis. On average, analysts predict that InterOil will post $-0.34 earnings per share for the current fiscal year.

InterOil Corporation (NYSE:IOC) is an integrated energy company operating in Papua New Guinea and its surrounding Southwest Pacific region.

[/quoteYes, it is OE week and we get another one of those headlines without analysis. Looked to me that some large player rolled an October bull put spread to November.  That would account for nearly 20,000 of the puts.

katytrader

[Putncalls]

Zacks does not use analysts they use computers.

[katytrader]

Zacks does not use analysts they use computers.

The article posted was not from Zack´s.  The writer´s website says she does have a certificate in travel and tourism.  Probably she has been to Maui.

katytrader