A Simple Way to Play This Alternative Asset Trend
For many alternative assets, there’s simply no way to make a liquid trade on an exchange. For those who care about fine art, the wine market, rare stamps or coins, there’s no easy fund to buy into. However, investors in the latest new asset class, cryptocurrencies, are finding an increasing number of options. It’s now been a year since major payment platforms have allowed users to park their cash in crypto names instead. A number of brokerage firms allow such trades ...
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Insider Trading Report: Cleveland-Cliffs (CLF)
Keith Koci, an EVP at
Cleveland-Cliffs (CLF), recently picked up 10,000 shares. The buy increased his stake by nearly 5 percent, and came to a total purchase price of just over $218,000. This marks the first insider buy at the company since May. Overall, company insiders have been regular buyers of shares over the past three years, with some moderate sales by company directors earlier this year and the sale of a stake from a major company back in February. Overall, company insiders ...
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Cleveland-Cliffs (CLF), recently picked up 10,000 shares. The buy increased his stake by nearly 5 percent, and came to a total purchase price of just over $218,000. This marks the first insider buy at the company since May. Overall, company insiders have been regular buyers of shares over the past three years, with some moderate sales by company directors earlier this year and the sale of a stake from a major company back in February. Overall, company insiders ...
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Unusual Options Activity: Robinhood Markets (HOOD)
Shares of brokerage firm
Robinhood Markets (HOOD) have been trending down since shortly after the company went public earlier in the year. One trader, however, sees the possibility for a rebound from here. That’s based on the May $55 calls. With 177 days left on the trade, 3,710 contracts traded against an open interest of 129, for a 29-fold jump in volume. The buyer of the calls paid $1.64 to make the trade. The stock last went for around $29 per share, right ...
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Robinhood Markets (HOOD) have been trending down since shortly after the company went public earlier in the year. One trader, however, sees the possibility for a rebound from here. That’s based on the May $55 calls. With 177 days left on the trade, 3,710 contracts traded against an open interest of 129, for a 29-fold jump in volume. The buyer of the calls paid $1.64 to make the trade. The stock last went for around $29 per share, right ...
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Renewed Consumer Spending Bodes Well for This Retail Leader
Consumer stocks have been in the spotlight due to strong earnings in the past few days. While many trends point to a strong holiday season, retailers that are known for providing low prices and deals could fare even better with inflationary fears and supply chain shortages still making headlines. One company that could break to new highs this holiday season is
Kohl’s (KSS). The retailer chain reported on Thursday that both earnings and revenues beat expectations, and the company raised guidance for ...
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Kohl’s (KSS). The retailer chain reported on Thursday that both earnings and revenues beat expectations, and the company raised guidance for ...
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Insider Trading Report: Fisker (FSR)
Mark Hickson, a director at
Fisker (FSR), recently picked up 44,900 shares. The buy increased his stake by 259 percent, and came to a total purchase price just over $983,000. The buy comes a day after another director picked up 11,359 shares, paying nearly $248,000, and the day before that a third director bought 1,175 shares, paying just under $25,000. Prior to that, some company insiders including a major holder, have sold shares. Insiders own roughly 3.2 percent of the electric vehicle ...
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Fisker (FSR), recently picked up 44,900 shares. The buy increased his stake by 259 percent, and came to a total purchase price just over $983,000. The buy comes a day after another director picked up 11,359 shares, paying nearly $248,000, and the day before that a third director bought 1,175 shares, paying just under $25,000. Prior to that, some company insiders including a major holder, have sold shares. Insiders own roughly 3.2 percent of the electric vehicle ...
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Unusual Options Activity: Advanced Micro Devices (AMD)
Shares of chipmaker
Advanced Micro Devices (AMD) have been on a tear, roughly doubling over the past six months. With the rate of returns increasing, one trader is betting on a further move higher in the next few days. That’s based on the December 3 $190 call options. With 11 days until expiration, over 3,050 contracts traded, a 28-fold rise in volume from the prior open interest of 110 contracts. The buyer of the calls paid $0.47 for the trade. Shares trade for ...
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Advanced Micro Devices (AMD) have been on a tear, roughly doubling over the past six months. With the rate of returns increasing, one trader is betting on a further move higher in the next few days. That’s based on the December 3 $190 call options. With 11 days until expiration, over 3,050 contracts traded, a 28-fold rise in volume from the prior open interest of 110 contracts. The buyer of the calls paid $0.47 for the trade. Shares trade for ...
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This Industry-Leading Payment Platform Looks Oversold
While the stock market is still near all-time highs, a number of companies haven’t gone along for the ride, with a peak earlier in the year, even as those companies have performed well operationally. Among the surprising “off the peak” stocks out there, payment company
Visa (V) has joined the list, shedding nearly 5 percent on Wednesday and down nearly 20 percent from its 52-week high. Shares of the credit card payment company, one of the biggest players in a highly-profitable oligopoly, have ...
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Visa (V) has joined the list, shedding nearly 5 percent on Wednesday and down nearly 20 percent from its 52-week high. Shares of the credit card payment company, one of the biggest players in a highly-profitable oligopoly, have ...
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Insider Trading Report: USA Compression Partners LP (USAC)
Bradford Whitehurst, a director at
USA Compression Partners LP (USAC), recently bought 3,500 shares. The buy represents an initial stake for the director, and came to a total purchase price of just under $52,000. This marks the first insider buy at the company since January, when a company director as well as the President and a Vice President picked up shares. There was also an insider sale in late 2020, otherwise, company insiders haven’t been too active. Overall, company insiders own 48.6 ...
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USA Compression Partners LP (USAC), recently bought 3,500 shares. The buy represents an initial stake for the director, and came to a total purchase price of just under $52,000. This marks the first insider buy at the company since January, when a company director as well as the President and a Vice President picked up shares. There was also an insider sale in late 2020, otherwise, company insiders haven’t been too active. Overall, company insiders own 48.6 ...
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