|Avg Daily Volume: 4,745,363 Market Cap: 6.4B |
Sector: None Short Interest: 7.6
THIS QTR: EPS: – .60/share REV: 297/M
LAST QTR: EPS: – .25/share ACTUAL: -.23/share (BEAT)
NEXT QTR: EPS: -.48/share REV: 324.3/M
FY19: EPS: 1.46/share REV: 1,200/M
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 80% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) -34.13, 10.0, -7.9
POTENTIAL JUMP MOVE: 10-15%
Links To Latest News and Headlines
The surprising news that (INTC) had snatched away (VMW) CEO Pat Gelsinger to replace Bob Swan and fix the troubled chip giant is weighing heavily on shares of both VMware and (DELL) which has an 80.6% stake in the company. Last year, Dell (ticker: DELL) confirmed press reports that it was considering spinning off its VMware stake to current Dell holders. In such a transaction, VMware (VMW) would likely pay a large cash dividend back to Dell that the PC maker would then use to reduce its substantial debt load.
On Wednesday, shares of Nutanix (NASDAQ:NTNX) saw unusual options activity. After the option alert, the stock price moved up to $31.55. * Sentiment: BEARISH * Option Type: SWEEP * Trade Type: PUT * Expiration Date: 2021-01-15 * Strike Price: $35.00 * Volume: 890 * Open Interest: 4831Three Signs Of Unusual Options Activity One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. 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).The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset.”Out of the money” contracts are unusual because they are purchased with a strike price far from the underlying asset price. “Out of the money” occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. Buyers and sellers try to take advantage of a large profit margin in these instances because they are expecting the value of the underlying asset to change dramatically in the future.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.These observations are made without knowing the investor’s true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.Using These Strategies To Trade Options 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 * Click here for options trades from Benzinga * Understanding Bed Bath & Beyond’s Unusual Options Activity * ROCE Insights For Dell Technologies(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Nutanix (NASDAQ: NTNX), a leader in private cloud, hybrid cloud and multicloud computing, announced today that Auto Europe, a global leader in international car rental services, is implementing Nutanix hyperconverged infrastructure (HCI) software to support a fully remote workforce amid the COVID-19 pandemic, as well as improve system performances, enhance disaster recovery and simplify management of their IT infrastructure.
Nutanix (NASDAQ: NTNX), a leader in private cloud, hybrid and multicloud computing, today announced the financial services industry findings of its third annual Enterprise Cloud Index Report, measuring organizations’ plans for adopting private, hybrid and public clouds. The findings point to a digital transformation within the industry, with half of respondents (50%) reporting that COVID-19 caused them to increase their investment in hybrid cloud.
Nutanix (NASDAQ: NTNX), a leader in private cloud, hybrid and multicloud computing, today announced that its management will present at the following upcoming financial community event:
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
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