Unusual Options Activity: Papa John’s International (PZZA)

Shares of pizza chain Papa John’s International (PZZA) are down 33% over the past year. One trader is betting on a further decline into the autumn. That’s based on the October $57.50 puts. With 144 days until expiration, 21,310 contracts traded compared to a prior open interest of 111, for a 192-fold rise in volume on the trade. The buyer of the puts paid $11.12 to make the bearish bet. Papa John’s shares recently traded for about $47.50, meaning the puts are ...
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Profit With the Shift to Cost-Conscious Consumers

Consumer spending has been declining. That bodes poorly for most retail stocks from here. However, not all retail stocks are created equal. Some retailers can thrive in a challenging environment. Specifically, companies that cater to cost-conscious consumers. Even with tight budgets, those looking for a deal and seeing price tags with steep discounts on them will likely continue to flock to companies that continue to have massive deals. One company that could hold up well amid slowing consumer spending is TJX (TJX) ...
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Insider Activity Report: Cummins (CMI)

Marvin Boakye, Chief HR Officer at Cummins (CMI), recently bought 1,745 shares. The buy is a new position for the director, who paid $499,133 for the stake. This is the second insider buy of the year, following a director’s purchase of 562 shares for just under $150,000 back in February. Since then, one director has sold part of their position, and the company’s Chief Administrative Office has made three separate sales. Overall, Cummins insiders own 0.4% of shares. The industrial machinery ...
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Unusual Options Activity: Bloom Energy (BE)

Fuel cell system producer Bloom Energy (BE) is up 10% over the past year, far lagging the overall stock market. One trader is betting that shares will trend higher in the coming weeks. That’s based on the July $18 calls. With 56 days until expiration, 3,976 contracts traded compared to a prior open interest of 127, for a 31-fold rise in volume on the trade. The buyer of the calls paid $1.47 to make the bullish bet. Shares recently traded for about ...
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Inflation-Busting Companies May Get Rewarded With Bigger Market Shares

In any industry, market share is a key metric. How much of the total market one company gets can result in bigger profits, and also open up opportunities to take advantage of a larger size. Investors remain wary about inflation and rising costs. Those costs are usually seen when making a purchase, even if inflation has worked its way through the entire system. Retail companies are working on ways to lower prices and knock down inflation. One way is by finding products ...
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Insider Activity Report: Hamilton Insurance Group (HG)

Alan Patterson, a director at Hamilton Insurance Group (HG), recently bought 21,135 shares. The buy is an initial stake for the director, and came to a total cost of $352,109. This is the first insider buy of the year. The company’s Chief Accounting Officer sold nearly half his stake around the same time. Going further back, another director bought 10,000 shares back in December. But company insiders were largely sellers of shares in late 2023. Overall, Hamilton Insurance Group insiders own ...
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Unusual Options Activity: Peloton Interactive (PTON)

Consumer tech company Pelton Interactive (PTON) is down 46% over the past year. Shares dropped 15% alone on Tuesday, as the company looked to issue a $1 billion loan. One trader sees shares bouncing higher. That’s based on the June 28 $4 calls. With 36 days until expiration, 5,027 contracts traded compared to a prior open interest of 205, for a 25-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently ...
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Look for Market-Beating Profits In Great Companies Getting a Shake Up

While the market trends higher over time, some companies can be out of favor with the market. If they’re capable of finding ways to improve their business and profitability, they’ll likely have a catch-up rally. Such rallies can beat the overall market returns handily over time. And they’re the kind of move that can be common in large, established companies that tend to otherwise perform as slow-moving investments. One way to find these opportunities is to follow activist investors. For instance, right ...
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