Insider Trading Report: Netflix (NFLX)

Reed Hastings, Co-CEO of Netflix (NFLX), recently picked up 51,440 shares. The buy increased his holdings by just over 1 percent, and came to a total purchase price of $20 million. This marks the first insider buy at the streaming entertainment giant since mid-2019. Over the past three years, company insiders have been regular sellers of shares, although the last insider sale was back in November before shares shed over one-third their value. Overall, company insiders own just over 1.5 percent ...
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Unusual Options Activity: Grocery Outlet Holding Corp (GO)

Shares of Grocery Outlet Holding Corp (GO) have been trending down over the past year, but have shown some signs of life in recent weeks. One trader sees the possibility for a rebound ahead. That’s based on the May $35 calls. With 105 days until expiration, 4,554 contracts traded compared to a prior open interest of 109, for a 42-fold jump in volume on the trade. The buyer of the calls paid $0.38 to get into the trade. With the stock Read More
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Time For This Market Hedge Play to Shine

Investors have finally gotten worried about inflation, or at least how quickly the Federal Reserve will act to try and curb it. Given how the Fed has historically acted too weakly and too late in economic cycles, traders might want to turn to gold as an ideal hedge now. The metal has underperformed just about everything in the past year, even as inflation rates have jumped up. However, as part of a broader commodity rally, gold may yet have a strong ...
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Insider Trading Report: Verizon Communications (VZ)

Hans Vestberg, Chairman and CEO of Verizon Communications (VZ) recently added 19,000 shares. The buy increased his holdings by 14.5 percent, and cane to a total purchase price of just under $999,000. This marks the first insider buy at the company since February 2020. Company executives have been regular and consistent sellers of shares over the past three years, although company directors have made no changes to their holdings. Overall, company insiders own just 0.11 percent of the company. Shares of the ...
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Unusual Options Activity: Mirion Technologies (MIR)

Shares of specialty equipment maker Mirion Technologies (MIR) have been trending down over the past three months. One trader is betting on a rebound in shares in the next few months. That’s based on the May $10.00 calls. With 106 days until expiration, 9,791 contracts traded compared to an open position of 209, for a 47-fold jump in volume. The buyer of the calls paid $0.36 to make the trade. The stock has dropped over 32 percent in the past year, and ...
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For Smooth Investment Returns, Consider Infrastructure Plays

A number of big trends are under way right now that will substantially change how the world lives and works in just a few years. Some of those trends will be bigger than others. One way investors can profit is to look for companies that can provide support to a number of those trends. It can make for a smoother way to invest, particularly with the longer-term in mind. For many of today’s tech trends, such as increased renewable power generation and ...
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Insider Trading Report: NextEra Energy (NEE)

Naren Gursahaney, a director at NextEra Energy (NEE), recently picked up 2,000 shares. The buy increased the director’s stake by nearly 6 percent, and came to a total price of just over $147,000. This marks the first insider buy at the company since March 2020. In that time, company insiders have been regular sellers of shares, even as the stock has trended higher. Overall, insiders own about 0.25 percent of the power utility. While shares have been trending up over a two-year ...
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Unusual Options Activity: Twitter (TWTR)

Shares of social media company Twitter (TWTR) have shed nearly half their value in the past three months. One trader sees the possibility for a strong rebound in the coming weeks. That’s based on the April $40 calls. With 71 days until expiration, 10,058 contracts traded hands, a 20-fold rise in volume from the prior open interest of 502. The buyer of the calls paid $1.92 to make the trade. Shares of Twitter traded recently around $35. So they would need to ...
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