Insider Activity Report: Enterprise Products Partners (EPD)

Major owner continues to add to stake. Randall Williams, a major holder and director at Enterprise Products Partners (EPD), continues to add to his stake. In February, he has bought in 50,000 share increments on 13 different trading days. That’s a total of 650,000 shares. Each daily buy of this nature costs just over $1.3 million. Insider data shows these buys are dwarfing all prior buys and sells in the past few years at ...
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Unusual Options Activity: Gilead Sciences (GILD)

Trader bets on rally through April. April 3rd call options with a $70 strike on Gilead Sciences (GILD) recently saw an 18-fold rise in volume, going from 117 open contracts to over 2,100 trade hands. The bet, expiring in 38 days, is that shares will head higher. As shares are around $69.50, the bet is almost at-the-money, and could move dollar-for-dollar higher with shares. The buyer of the option paid about $2.71 per contract, so shares would need to get over $72.70 at ...
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Unusual Options Activity: Barrick Gold (GOLD)

Trader bets on rally in shares through next month. March 27th $22 call options on Barrick Gold (GOLD) saw a 32-fold rise in volume lately, going from 103 open contracts to nearly 3,300. The bet, expiring in 32 days, will move in-the-money if shares rise just over $1.15 from their current price, or about 5.5 percent higher. The buyer of the options also paid about $0.38, or $38 per contract to make the trade. They’ll need to see shares move 7.3 percent higher ...
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Insider Trading Reports: Bunge (BG)

Chief Legal Officer makes $800,000 buy. Joseph Podwika, Chief Legal Officer at Bunge (BG), recently picked up 15,000 shares. The buy came to just over $800,000, and represents a new position for the insider. This marks the first insider trade of the year. In 2019, insiders were active, with one sale of nearly 1,800 shares, but insider buys of over 300,000 shares. Looking back further, insiders were sellers in 2017, at far higher share prices and in smaller amounts. Bunge, ...
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Unusual Options Activity: 3M (MMM)

Trader bets on continued rally in next month. March 13th 2020 call options with a strike price of $167.50 on 3M (MMM) recently saw a 40-fold rise in volume. From 220 open contracts, over 8,800 traded hands. The bet, expiring in 21 days, is that shares will rally from here. The strike price of the option is about 5.1 percent higher than the current share price. The buyer of the option also paid about $0.98 per contract, so shares would need to clear ...
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5G will explode on June 25

With the new year comes new trading opportunities. One method traders use to take advantage of the new year is to screen for companies that underperformed in the prior year. Buying these “dogs” tends to make for a market-beating year, on average. Trading Tips’ Andrew Packer explains in our latest video ...
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Two Heavily Shorted Stocks to Consider Trading Now

Heavily shorted stocks are susceptible to large rallies, even if their fundamentals don’t justify them. Shares of Tesla Motors (TSLA) have nearly quadrupled in the past six months. While it may be a bit late to get in at a reasonable price there, the fact remains that the company was controversial. Some saw the move as overdue, and others think the move is crazy. One way to tell that there was this controversy was with the company’s short interest. Stocks with high short ...
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Unusual Options Activity: Teva Pharmaceuticals (TEVA)

Trader bets on 22 percent drop in shares by April. Put options expiring in April with a $10 strike price on Teva Pharmaceuticals (TEVA) saw a nearly-10-fold rise in volume. The option went from under 700 contracts to over 6,800. The bet, expiring in 57 days, is just over 20 percent out-of-the-money, as shares trade just over $12. The buyer of the put option also paid about $0.35 per contract, so shares would need to drop to about $9.65 to profit at expiration. Shares ...
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