Daily Report — November 17, 2021

Tom Gentile

Posted in Daily Report

By: Tom Gentile on November 17th, 2021 • 1 min read

Two Stocks in Same Industry with Different Situations?

Interesting situation I see going on in two stocks in the Communications Sector, specific to Entertainment.

Comcast Corporation (CMCSA) and ViacomCBS Inc. (VIAC) show up with unusually high options, but one is on the Unusually High Call Option list and the other on the Unusually High Put Option list.

Note the call options on CMCSA are for a shorter-term expiration (December 17, 2021) whereas the put options for VIAC are LEAPs put options (January 2022)

It is possible both of these options work out for those trading these due to the difference in times to expiration, bur this is an interesting study in that not all stocks in the same sector perform nor are the expectations always the same.

I referenced stocks ion the same sector tends to behave similarly (when one gets the measles, they all do) in past articles, but this is one case where there are two different expectations for two separate kids in the same family.