|Bid||7.16 x 900|
|Ask||0.00 x 900|
|Day's Range||7.12 - 7.49|
|52 Week Range||4.81 - 29.74|
|Beta (5Y Monthly)||1.82|
|PE Ratio (TTM)||18.67|
|Earnings Date||Nov 05, 2020|
|Forward Dividend & Yield||0.60 (8.39%)|
|Ex-Dividend Date||Aug 18, 2020|
|1y Target Est||10.27|
The ratings on one P&I class was affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio and Moody's stressed debt service coverage ratio (DSCR), are within acceptable ranges. The ratings on four P&I classes were confirmed due to the significant deal paydowns and the transaction's key metrics of the remaining loan in the pool, including Moody's loan-to-value (LTV) ratio and Moody's stressed debt service coverage ratio (DSCR), are within acceptable ranges. The rating on one IO class was confirmed based on the credit quality of the referenced classes.
On Thursday, shares of Macerich (NYSE: MAC) saw unusual options activity. After the option alert, the stock price moved up to $7.22. * Sentiment: BULLISH * Option Type: TRADE * Trade Type: PUT * Expiration Date: 2020-11-20 * Strike Price: $8.00 * Volume: 504 * Open Interest: 1276Three Indications Of Unusual Options Activity Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).Another sign of unusual activity is the trading of a contract with an expiration date in the distant future. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the underlying asset.Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin.Understanding Sentiment Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price.Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity.Using These Options Strategies Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Benzinga's Top Upgrades, Downgrades For September 14, 2020 * Unusual Options Activity Insight: Macerich(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]