Security Software Adds a New Profitable Angle to this Big Tech Play

It’s often thought that the larger a company gets, the fewer paths it has to grow. In the case of technology, however, that’s not always the case. A tech company can add a new sector while maintaining old ones, allowing for much more growth potential than a non-tech company. For instance, one analyst sees one of the largest tech companies in the world boosting its size even further, by embracing security software. That growing niche is capable of adding $30 billion in ...
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Unusual Options Activity: Dish Network Corporation (DISH)

Communications firm Dish Network Corporation (DISH) saw a steep decline in shares from September into early November. Now a powerful rally is underway, and one trader sees it continuing. That’s based on the March 2021 $35 call options. Expiring in 123 days, the options are a bet that shares will rally at least another 10-15 percent. Over 12,550 contracts traded against a prior open interest of just under 400, for a 32-fold rise in volume. The trader paid about $3.08 for the ...
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Pet Care Addition Makes this “Retail” Play a Force to Be Reckoned With

On Thursday, Walmart (WMT) announced Walmart Pet Care. The retailer now includes in its offerings such services as pet insurance, a pharmacy, and even dog walking and pet sitting services. This is all part of the company’s pivot to capture market share from Amazon (AMZN), in conjunction with the digital transformation the company has undertaken this year. The services add a rich potential source of revenue for the company, as it looks to become a one-stop-shop for everything. The company’s biggest ...
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Insider Trading Report: Overstock.com (OSTK)

Jonathan Johnson, CEO at Overstock.com (OSTK), recently bought 1,000 shares of the online retail firm. The buy increased his holdings by just over 1 percent, and cost the company CEO just over $55,000. Insiders have generally been sellers of the company over the past few months, at prices as much as double the current amount or as low as 60 percent below the current price, thanks to the unusual volatility in shares this year. Shares of the retailer started the year ...
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Unusual Options Activity: Tilray (TLRY)

Cannabis firm Tilray (TLRY) has seen shares soar since the election, following a new slew of states that legalized recreational use of the drug. However, the rally has proved short-lived, and is already coming back down. One trader sees a further decline. That’s based on the March 2021 $4 put on shares. 10,000 contracts traded hands on these puts, against a prior open interest of 330, for a 33-fold rise in volume. The option buyer paid $0.59 on average. The option expires ...
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Why this Best-of-Breed Company is a Buy Following Strong Earnings

Earnings season can be hit or miss for a number of reasons. Even if a company reports the earnings per share figures that Wall Street analysts are looking for, other factors such as forward guidance may cause a big win to become a big loss for shareholders. That seems to be the case with Datadog (DDOG). Shares plummeted more than 10 percent intraday following its earnings report, when the company beat on overall numbers. The data analytics company has further room for ...
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Insider Trading Report: Hanesbrands Inc (HBI)

Ronald Nelson, a director at Hanesbrands Inc. (HBI), recently bought 50,000 shares. The buy increased his holdings by over 30 percent and came to a total cost of just over $636,000. Insider trends show that this is the first buy from company insiders since August 2019. Insiders have bene sellers so far this year, with a sale in August and one in October. Shares of the company recently sank nearly 20 percent following reasonable earnings but a poor outlook. Overall, shares ...
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Unusual Options Activity: Pfizer (PFE)

Pharmaceutical giant Pfizer (PFE) soared higher this week on news of a Covid-19 vaccine. However, that rally may not be over. One trader is betting on a move higher in the next month. The December 4th $41.50 calls saw over 12,570 contracts trade hands, compared to an open interest of 360. That’s a nearly 35-fold rise in volume on the contracts. The option buyer paid about $0.42 for the contract, which expires in 22 days. Shares currently trade around $38, so shares ...
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