Unusual Options Activity: Ford Motors (F)

Shares of automaker Ford Motors (F) have been in a decline since hitting a multi-year high back in January. One trader is betting the downtrend will reverse in the next few trading sessions. That’s based on the April 8th $16 calls. With 16 days until expiration, 26,528 contracts traded hands compared to an open interest of 721, for a 37-fold rise in volume. The buyer of the calls paid $0.97 to make the trade. Ford shares recently traded for about $16.50, making ...
Read More
|

Defensive Plays with a Domestic Focus Could Perform Strongly in Today’s Environment

The past few weeks has seen a flurry of US companies announcing the termination of their business in Russia. That will impact the bottom line of some companies more than others, given the state of Russia’s economy. For some players, like fast food operations, the loss of the Russian market can have a big impact. For other sectors, there may not be much more than a symbolic gesture. One surprising winner in today’s environment could be The Wendy’s Company (WEN). The fast-food ...
Read More
|

Insider Trading Report: Kennedy-Wilson Holdings (KW)

Richard Boucher, a director at Kennedy-Wilson Holdings (KW), recently added 24,000 shares. The buy increased his holdings by just over 50 percent, and came to a total cost just under $563,000. This marks the first insider transaction of 2022. Going back one year, company insiders have been exclusively buyers, with a few sales going back further. Over the past three years, insider buys have slightly beaten out insider sales. Overall, insiders at the company own about 15 percent of shares. Shares of ...
Read More
|

Unusual Options Activity: Petroleo Brasileiro (PBR)

Shares of oil company Petroleo Brasileiro (PBR) have been trending up over the past year, albeit at a slower rate than energy prices. With shares slightly down over the past week as oil has come off its recent highs, one trader is betting on a rebound. That’s based on the April 8 $13.50 calls. With 17 days left until expiration, 82,213 contracts traded against an open interest of 158, for a 527-fold explosion in volume. The buyer of the calls paid ...
Read More
|

Uncertain Economic Outlooks Play Well for Discount-Themed Plays

With high inflation, rising interest rates, and a geopolitical drama unfolding, there’s a lot of uncertainty in markets right now. It may not take much for the economy to potentially slip into a recession, even as some see low odds of that occurring. When markets get uncertain, investors get defensive. One way to stay on the offense is to buy companies that have built a business model around being a discount player. In the retail space, one such name is Dollar General ...
Read More
|

Insider Trading Report: Desktop Metal (DM)

Ric Fulop, CEO of Desktop Metal (DM), recently picked up 128,850 shares. The buy increased his holdings by 0.64 percent, and came to a total price just under $526,000. This marks the first insider buy at the company since it went public last year. One company director has been a seller of shares on two occasions over the past two months, otherwise, insiders have been holding their position. Overall, company insiders own just under 17 percent of shares. Shares of the metal ...
Read More
|

Unusual Options Activity: Cameco (CCJ)

Shares of uranium mining firm Cameco (CCJ) recently soared as calls for further nuclear power use have gained traction. One trader sees the potential for an even bigger gain in the next few months. That’s based on the September $40 calls. With 179 days until expiration, 18,390 contracts traded compared to an open interest of 306, for a 60-fold jump in volume on the trade. The buyer of the calls paid $1.48 to get in. With shares around $27, options would move ...
Read More
|

Rising Interest Rates Won’t End the Boom In this Sector (For Now)

For the first time since 2018, the Federal Reserve has raised interest rates. With yields at just 0.25 percent, however, it’s unlikely to do much more than start to cool the high inflation rates we’ve been seeing over the course of months. Some traders see a number of sectors traditionally slow down when interest rates rise, and have started to place their bets accordingly. However, while history often rhymes, it doesn’t usually directly repeat itself. One case right now is the housing ...
Read More
|