Unusual Options Activity: Delta Air Lines (DAL)

Shares of Delta Air Lines (DAL) have been trading in a range between $44 and $52 over the past few months. One trader sees the potential for a move higher as the economy continues to reopen. That’s based on the August $48 calls. With 106 days until expiration, over 10,255 contracts traded, a 39-fold rise in volume from the prior open interest of 264. The buyer of the option paid about $2.27 to make the trade. With shares of Delta near $45, ...
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The Biggest Trend in Entertainment Continues to Point to Profits

Even before the pandemic, sales of video games were topping box office receipts. And with a world loaded with small indie studios to developers producing popular titles, video games are a growing source of revenue for the entertainment sector. That’s a trend likely to continue, thanks to the latest generation consoles and an endless stream of new games in production. The strong cash flows from creating video games has made for a massively profitable niche in the entertainment sector with room ...
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Insider Trading Report: Vista Gold Corp (VGZ)

Douglas Tobler, CFO of Vista Gold Corp (VGZ) recently picked up 3,000 shares. The buy increased his stake by nearly 4 percent, and came to a total purchase price of over $3,200. He has been a repeated buyer over the past few months, and the only insider to make any transactions. The last insider transactions occurred in June 2019, and prior insider activities have been sales only. Overall, insiders own over 3 percent of the company. Shares of Vista have traded between ...
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Global Recovery Points to Strong Logistics Returns

The pandemic’s effect on the economy can be measured in many ways. One simple way to track its effects is by looking at the level of global commerce. A number of companies can provide a one-stop look at this information as they report earnings. That may be why shipping companies like UPS (UPS) and FedEx (FDX) have been in rally mode the past few months. They reflect a hot economy. Both companies are also getting analyst upgrades ahead of their next ...
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Insider Trading Report: Greenbrier Companies (GBX)

William Furman, chairman and CEO of Greenbrier Companies (GBX), recently bought 10,000 more shares. The buy increased his stake by just under 2 percent, and came to a total purchase price of just over $48,000. Furman also made a 50,000 share buy back in February. Insiders have generally been sellers of shares in dribs and drabs over the past few years, making these insider buys stand out. Overall, company insiders own just 3 percent of shares. The manufacturer of railcars and ...
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Unusual Options Activity: Beyond Meat (BYND)

Shares of plant-based protein alternative Beyond Meat (BYND) have been in a downtrend. At least one trader sees the company turning around as it reports earnings later this week. That’s based on the May 14th $150 call options. With 9 days until expiration, over 2,840 contracts traded against a prior open interest of 108, for a 26-fold rise in volume. The buyer of the option paid about $0.86 to make the trade. Shares of the company trade around $126. In order for ...
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Unusual Options Activity: Las Vegas Sands (LVS)

Shares of casino giant Las Vegas Sands (LVS) have largely traded in a range from the high $50s to the mid $60s in the past few months. One trader sees shares moving to the higher end of their range (or better) in the coming month. That’s based on the June 4th $63 calls. Over 29,360 contracts traded against a prior open interest of 318, for a 92-fold jump in volume. The option expires in just over 1 month. The buyer of the ...
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Strong Growth Trends Bode Well for this New Digital Sector

The past few years has seen the rise of entirely new businesses online. Areas such as e-Sports are overtaking physical sports in terms of value and customer interest. That’s also true with sports gambling, which, thanks to some legal changes, is now widely available online. The big player in that space is DraftKings (DKNG). The company went public last year via a SPAC and was an early winner in that way of going public. Like many SPAC and post-SPAC companies, however, shares ...
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