16001

Unusual Options Activity: Huntsman Corp (HUN)

Specialty chemical producer
Huntsman Corp (HUN) is down 7% over the past year. One trader is betting shares will continue to trend down over the next two months. That’s based on the August $22 puts. With 58 days until expiration, 20,453 contracts traded compared to the prior open interest of 182, for a massive 112-fold rise in volume on the trade. The buyer of the puts paid $0.40 to make the bearish bet. Huntsman shares recently traded just over $23, so they would ...
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15993

Don’t Overlook AI Opportunities That Extend to Hardware

The best returns in the AI space have come from semiconductor designers and manufacturers. However, that’s just part of the hardware needed for AI programs to succeed. Investors have started to branch out, rewarding companies that make power distribution systems and  server racks. That’s still just scratching the surface. New devices will be needed to best utilize AI systems, and building out the next generation of technology will expand the hardware investment opportunities even further. One such opportunity might be in
Corning (GLW) ...
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15995

Insider Activity Report: LXP Industrial Trust (LXP)

Arun Gupta, a director at
LXP Industrial Trust (LXP) recently bought 15,000 shares. The buy increased his stake by 30%, and came to a total cost just over $134,000. This marks the first insider activity of any kind at the industrial property REIT over the past two years. Overall, LXP insiders own 2.2% of shares, and institutions own nearly 96% of LXP shares. LXP Industrial shares have declined about 12% in the past year. While investors were once interested in industrial space for ...
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15997

Unusual Options Activity: JPMorgan Chase (JPM)

Wall Street megabank
JPMorgan Chase (JPM) has rallied 35% in the past year, exceeding the returns of the overall stock market. One trader sees the potential for a further rally over the coming weeks. That’s based on the July 12 $205 calls. With 23 days until expiration, 13,453 contracts traded compared to a prior open interest of 314 for a 43-fold rise in volume on the trade. The buyer of the calls paid $1.10 to make the bullish bet. JPMorgan shares recently traded ...
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15988

Creativity Will Win in the Next Phase of the AI Rollout

The first phase of the AI rollout was centered around generative AI. This is simply a prompt that users could provide questions to, and receive information from a database. Now, AI is already rapidly improving. One major change is the rise of better prompting. These tools can allow creative workers to generate images, and even videos from a prompt, far beyond the level of a text response. It’s also a strong sign for some companies. One big winner that we’ve noted before ...
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15990

Insider Activity Report: Occidental Petroleum (OXY)


Berkshire Hathaway (BRK-A), a major holder of
Occidental Petroleum (OXY), has made two recent additions to their stake. Over two trades in the past two weeks, the company has bought $258 million of Occidental shares. The most recent prior buy was back in February, the last time shares traded down to the low $60 range. With its latest stake, Berkshire now owns about 28% of Occidental.  There have been no other insiders active over the last two years. Overall, Occidental insiders own ...
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15991

Unusual Options Activity: Hewlett Packard Enterprise (HPE)

Communication equipment producer
Hewlett Packard Enterprise (HPE) is up nearly 20% over the past year. One trader sees shares surging higher in the months ahead. That’s based on the September $35 calls. With 95 days until expiration, 5,433 contracts traded compared to a prior open interest of 128, for a 42-fold rise in volume on the trade. The buyer of the calls paid $0.20 to make the bullish bet. HPE shares recently traded near $22, meaning the stock would need to soar about ...
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15984

This Company Hitting New All-Time Highs Can Keep Going Significantly Higher

Usually, when a company breaks to new all-time highs, it’s likely going to trend higher for some time later. That’s especially true when a company can point to a positive trend such as growing earnings, a new product, or a new partnership. Investors who typically might not be interested in a great company at all-time highs can carve out an exception when a great company has made it clear their business is on the rise. That looks like the case with
Oracle (ORCL) ...
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