Is CME Group Inc’s Fuel For Real? The Stock Was Bought By Option Traders

 Is CME Group Inc's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session CME Group Inc (CME) registered an unusually high (451) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious CME increase. With 451 contracts traded and 20004 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: CME161216C00110000 closed last at: $0.35 or 22.2% down. About 1.03 million shares traded hands. CME Group Inc (NASDAQ:CME) has risen 4.37% since April 1, 2016 and is uptrending. It has outperformed by 3.16% the S&P500.

CME Group Inc (NASDAQ:CME) Ratings Coverage

Out of 12 analysts covering CME Group (NASDAQ:CME), 5 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 42% are positive. $118 is the highest target while $2.78 is the lowest. The $94.40 average target is -8.10% below today’s ($102.72) stock price. CME Group has been the topic of 25 analyst reports since August 3, 2015 according to StockzIntelligence Inc. As per Friday, July 29, the company rating was maintained by UBS. As per Tuesday, August 11, the company rating was maintained by Barclays Capital. The stock has “Overweight” rating given by JP Morgan on Wednesday, January 13. RBC Capital Markets initiated CME Group Inc (NASDAQ:CME) rating on Wednesday, December 9. RBC Capital Markets has “Underperform” rating and $83 price target. Sterne Agee CRT initiated CME Group Inc (NASDAQ:CME) rating on Friday, May 20. Sterne Agee CRT has “Neutral” rating and $90 price target. The stock of CME Group Inc (NASDAQ:CME) has “Underperform” rating given on Thursday, July 14 by CLSA. The stock of CME Group Inc (NASDAQ:CME) has “Buy” rating given on Wednesday, October 7 by Bank of America. As per Friday, April 8, the company rating was maintained by Wood. The firm has “Underperform” rating given on Monday, February 8 by RBC Capital Markets. The stock has “Neutral” rating given by JP Morgan on Friday, September 4.

According to Zacks Investment Research, “Chicago Mercantile Exchange Holdings is the parent company of Chicago Mercantile Exchange Inc, the largest futures exchange in the United States based on notional value, trading volume and open interest. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX around-the-clock electronic trading platform. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities.”

Insitutional Activity: The institutional sentiment increased to 1.39 in Q2 2016. Its up 0.30, from 1.09 in 2016Q1. The ratio improved, as 40 funds sold all CME Group Inc shares owned while 170 reduced positions. 57 funds bought stakes while 235 increased positions. They now own 260.02 million shares or 1.16% less from 263.08 million shares in 2016Q1.
The United Kingdom-based Royal National Bank Of Scotland Grp Incorporated Public Ltd Company has invested 0.74% in CME Group Inc (NASDAQ:CME). Whitnell has 0.08% invested in the company for 2,500 shares. Northwest Investment Counselors Limited Co has invested 0.83% of its portfolio in CME Group Inc (NASDAQ:CME). Stadion Money Management Ltd Liability Co holds 19,208 shares or 0.06% of its portfolio. Moreover, Cibc Asset Mgmt has 0.04% invested in CME Group Inc (NASDAQ:CME) for 52,978 shares. The Alabama-based Fjarde Ap has invested 0.18% in CME Group Inc (NASDAQ:CME). Summit Asset Management Limited Liability Company owns 3,000 shares or 0.19% of their US portfolio. Neuberger Berman Limited Company holds 0.46% or 3.41 million shares in its portfolio. Ubs Asset Mgmt Americas accumulated 1.24 million shares or 0.14% of the stock. Manchester Capital Ltd Llc holds 0.02% or 1,710 shares in its portfolio. Moreover, Highbridge Limited Liability has 0.04% invested in CME Group Inc (NASDAQ:CME) for 25,086 shares. Sandler Mngmt has 1.4% invested in the company for 108,765 shares. Motco has invested 0% of its portfolio in CME Group Inc (NASDAQ:CME). Moreover, General Com has 1.78% invested in CME Group Inc (NASDAQ:CME) for 3.51 million shares. Burns J W Company Ny, a New York-based fund reported 14,577 shares.

Insider Transactions: Since May 31, 2016, the stock had 0 insider purchases, and 28 sales for $17.80 million net activity. $51,300 worth of CME Group Inc (NASDAQ:CME) was sold by GEPSMAN MARTIN J on Friday, July 29. Piell Hilda Harris also sold $98,230 worth of CME Group Inc (NASDAQ:CME) on Monday, September 19. $2.10M worth of CME Group Inc (NASDAQ:CME) was sold by GILL PHUPINDER on Monday, August 15. The insider Pietrowicz John W. sold $377,208. The insider Bitsberger Timothy S. sold $75,213. Shares for $249,850 were sold by Holzrichter Julie. Another trade for 3,825 shares valued at $365,300 was made by Kometer Kevin on Monday, June 13.

CME Group Inc. is a provider of products across all major asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals. The company has a market cap of $34.81 billion. The Company’s products include both exchange-traded and privately negotiated futures and options contracts and swaps. It has a 23.95 P/E ratio. The Firm connects buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago and New York City.

CME Company Profile

CME Group Inc., incorporated on August 2, 2001, is a well-known provider of products across all major asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals. The Company’s products include both exchange-traded and privately negotiated futures and options contracts and swaps. The Firm connects buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago and New York City, and provides hosting, connectivity and customer support for electronic trading through its co-location services. The Company’s CME Direct technology offers side-by-side trading of exchange-listed and privately negotiated markets. The Firm provides clearing and settlement services for exchange-traded contracts, as well as for cleared swaps, and provides regulatory reporting solutions for market participants through its global repository services in the United States, United Kingdom, Canada and Australia. The Firm offers a range of market data services, including live quotes, delayed quotes, market reports and a historical data service.

More notable recent CME Group Inc (NASDAQ:CME) news were published by: Prnewswire.com which released: “CME Group to Host Ninth Annual Global Financial Leadership Conference” on October 31, 2016, also Prnewswire.com with their article: “CME Group Announces New Precious Metals Spot Spread” published on November 01, 2016, Prnewswire.com published: “CME Group Announces First Trades of Alumina FOB Australia (Platts) Futures” on October 26, 2016. More interesting news about CME Group Inc (NASDAQ:CME) were released by: Prnewswire.com and their article: “CME Group and Thomson Reuters Name Morgan Stanley as new LBMA Silver Price …” published on October 21, 2016 as well as Wsj.com‘s news article titled: “CME Group Posts Flat Quarterly Trading Volume” with publication date: October 27, 2016.

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