Could Autohome Inc (ADR) See a Reversal After Today’s Strong Options Activity?


 Could Autohome Inc (ADR) See a Reversal After Today's Strong Options Activity?

In today’s session Autohome Inc (ADR) (ATHM) recorded an unusually high (186) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious ATHM decrease. With 186 contracts traded and 34984 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: ATHM161216P00022500 closed last at: $0.9 or 28.6% up. The stock increased 6.93% or $1.74 on October 4, hitting $26.84. About 1.50 million shares traded hands or 149.77% up from the average. Autohome Inc (ADR) (NYSE:ATHM) has risen 7.02% since March 2, 2016 and is uptrending. It has underperformed by 2.23% the S&P500.

Analysts await Autohome Inc (ADR) (NYSE:ATHM) to report earnings on November, 3.

Autohome Inc (ADR) (NYSE:ATHM) Ratings Coverage

Out of 10 analysts covering Autohome Inc (NYSE:ATHM), 5 rate it a “Buy”, 3 “Sell”, while 2 “Hold”. This means 50% are positive. Autohome Inc has been the topic of 17 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Wednesday, January 27 the stock rating was initiated by HSBC with “Buy”. The company was initiated on Monday, June 6 by Brean Capital. The rating was downgraded by Credit Suisse to “Underperform” on Tuesday, June 28. The stock has “Neutral” rating given by JP Morgan on Tuesday, February 23. The rating was initiated by Citigroup with “Buy” on Thursday, October 29. The stock of Autohome Inc (ADR) (NYSE:ATHM) has “Outperform” rating given on Friday, November 6 by Credit Agricole. The company was reinitiated on Monday, February 22 by CLSA. As per Monday, February 22, the company rating was downgraded by Credit Agricole. The rating was initiated by JP Morgan on Wednesday, August 31 with “Neutral”. The firm has “Buy” rating by UBS given on Wednesday, October 7.

Autohome Inc. is an online destination for automobile clients in China. The company has a market cap of $3.15 billion. The Firm is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China . It has a 25.96 P/E ratio. The Company, through its Websites, and, and mobile applications, delivers content to automobile buyers and owners.

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