What’s in Deutsche Bank AG (USA) After Today’s Bullish Options Activity?

 What's in Deutsche Bank AG (USA) After Today's Bullish Options Activity?

In today’s session Deutsche Bank AG (USA) (DB) registered an unusually high (6,847) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DB increase. With 6,847 contracts traded and 148444 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DB161216C00015000 closed last at: $0.55 or 15.4% down. About 2.85 million shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 34.77% since March 14, 2016 and is downtrending. It has underperformed by 40.39% the S&P500.

Analysts await Deutsche Bank AG (USA) (NYSE:DB) to report earnings on November, 3.

Deutsche Bank AG (USA) (NYSE:DB) Ratings Coverage

Out of 11 analysts covering Deutsche Bank AG (NYSE:DB), 2 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 18% are positive. Deutsche Bank AG has been the topic of 13 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The firm earned “Equal-Weight” rating on Thursday, June 9 by Barclays Capital. The firm has “Neutral” rating by JP Morgan given on Monday, June 27. The rating was downgraded by Keefe Bruyette & Woods to “Underperform” on Friday, April 29. The rating was downgraded by Citigroup to “Neutral” on Friday, November 13. The rating was initiated by Credit Suisse with “Underperform” on Monday, September 19. On Wednesday, October 28 the stock rating was downgraded by JP Morgan to “Neutral”. The firm earned “Sell” rating on Monday, May 16 by Berenberg. The firm has “Underperform” rating given on Friday, April 29 by Wood. The rating was downgraded by Bank of America on Friday, July 29 to “Underperform”. As per Thursday, January 7, the company rating was upgraded by Barclays Capital.

According to Zacks Investment Research, “Deutsche Bank is one of the leading international financial service providers. As a multi-specialist bank, they offer customers a broad range of modern banking services.”

Deutsche Bank AG is a global investment bank. The company has a market cap of $18.73 billion. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management services and products to firms, governments, institutional investors, small and medium-sized businesses, and private individuals. It currently has negative earnings. It operates through four business divisions: Global Markets ; Corporate & Investment Banking (CIB); Deutsche Asset Management; Private, Wealth & Commercial Clients (PW&CC).

More notable recent Deutsche Bank AG (USA) (NYSE:DB) news were published by: Investorplace.com which released: “3 Stocks to Watch on Monday: Deutsche Bank AG (USA) (DB), Take-Two Interactive …” on October 17, 2016, also Investorplace.com with their article: “Forget Deutsche Bank AG (USA), Buy These 3 Foreign Banks Instead (DB)” published on October 05, 2016, Etfdailynews.com published: “Deutsche Bank Fails to Strike Deal with DoJ Over $14B Fine” on October 09, 2016. More interesting news about Deutsche Bank AG (USA) (NYSE:DB) were released by: Investorplace.com and their article: “Why Deutsche Bank AG (USA) (DB), Goldcorp Inc. (USA) (GG) and KBR, Inc. (KBR …” published on October 03, 2016 as well as Bloomberg.com‘s news article titled: “Deutsche Bank Said to Explore Shrinking U.S. Operations” with publication date: October 16, 2016.

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