Large Call Rollout In APD Bets On $165+ By September

Air Products and Chemicals shares have been trading in a nice uptrending channel for nearly two years. However, for those looking to buy APD             it is not an ideal time right now. The stock is now near the top of the channel ( RSI near highs as well) and could be setting up for a pullback to mid to high $140's in the coming weeks (major support at the 40-week SMA ).

On Friday, someone rolled out 2,460 June $145 calls ($13.70 credit) into 2,460 Sep $155 calls ($9.50 debit). He/she is taking some profits on the recent 5 week rally, but still thinks APD             can rise north of $165 by September options expiration. 5,010 calls traded vs the daily average of just 976 calls.

Shares trade at a P/E ratio of 21.27x (Sep16 estimates) with 12.9% EPS             growth, P/S ratio of 3.21x, and a P/B ratio of 4.57x. Revenue is likely to grow in the low single digits this year and accelerate to 6%+ in FY16. Hedge fund manager, Bill Ackman, owns more than 20M shares (nearly a 10% stake) and believes the stock price could be worth more than $200 under the right management.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out