Some Traders See Unusual Bearish Options Activity in Deutsche Bank AG (USA)

 Some Traders See Unusual Bearish Options Activity in Deutsche Bank AG (USA)

In today’s session Deutsche Bank AG (USA) (DB) recorded an unusually high (153) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious DB decrease. With 153 contracts traded and 140014 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: DB170120P00011000 closed last at: $0.2 or 20% down. About 1.98 million shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 9.04% since April 18, 2016 and is downtrending. It has underperformed by 13.47% the S&P500.

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 stock has “Overweight” rating given by Barclays Capital on Thursday, January 7. As per Monday, May 16, the company rating was downgraded by Berenberg. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Underperform” rating given on Monday, September 19 by Credit Suisse. Barclays Capital downgraded Deutsche Bank AG (USA) (NYSE:DB) on Thursday, June 9 to “Equal-Weight” rating. As per Friday, November 13, the company rating was downgraded by Citigroup. The company was downgraded on Thursday, June 2 by RBC Capital Markets. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, October 28 report. As per Monday, June 27, the company rating was downgraded by JP Morgan. As per Friday, April 29, the company rating was downgraded by Keefe Bruyette & Woods. The firm earned “Buy” rating on Monday, October 5 by Kepler Cheuvreux.

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 $21.96 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 news for Deutsche Bank AG (USA) (NYSE:DB) were recently published by: Wsj.com, which released: “Deutsche Bank Shrinks US Business as Harsher Regulations Loom” on November 15, 2016. Etfdailynews.com‘s article titled: “Moody’s: Deutsche Bank Nearing “Default Point”” and published on October 27, 2016 is yet another important article.

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