Unusual Options Activity: Cameco (CCJ)

Shares of uranium mining giant Cameco (CCJ) have had a stellar year thanks to a strong commodity market and rising uranium prices. One trader sees that trend continuing in the first half of this year. That’s based on the June $32 calls. With 146 days until expiration, 6,041 contracts traded compared to a prior open interest of 179, for a 34-fold increase in volume. The buyer of the calls paid $0.85 to make the trade. With shares last going for about $22, ...
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Buy Leading Tech Plays on Big Selloffs

The Nasdaq has started off the year with an un-seasonal decline, and one that’s leaving the index looking at a full-blown correction of 10 percent off the most recent highs. While the length and depth of any pullback is unknown, markets do tend to rebound in time—and tech-heavy stocks tend to be the fastest to start to move higher. Investors who embrace a “buy the dip” mentality towards key tech names can best take advantage of any inevitable market selloff. One such ...
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Insider Trading Report: Jefferies Financial Group (JEF)

Melissa Weiler, a director at Jefferies Financial Group (JEF), recently bought 4,000 shares. The buy doubled her holdings, and came to a total price of just under $150,000. This is the second buy from the director since last July, when other insiders, including the company President, were buyers as well. Otherwise, company insiders have largely been sellers of shares in sizeable blocks over the past three years. Overall, insiders own just under 24 percent of the company. Shares of the investment banking ...
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Unusual Options Activity: AngloGold Ashanti (AU)

Shares of gold mining giant AngloGold Ashanti (AU) have lost nearly half their value since July 2020. One trader sees that trend continuing this year. That’s based on the November $13 puts. With 302 days until expiration, 6,389 contracts traded compared to a prior interest of 156, for a 41-fold rise in volume. The buyer of the puts paid $0.68 to make the trade. With shares currently around $18.50, shares would need to drop another 30 percent between now and November for ...
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Good News Should Boost a Top Oligopoly Play

While competition is great for consumers, it’s terrible for businesses. That’s why industries with a large number of competitors tend to have lower profit margins, and those with few competitors can perform well, offering shareholders fat profit margins for years. With some market turbulence at the start of the year, any positive news for an oligopoly company may get overlooked, which in turn could mean a bigger rally when stocks move higher again. Case in point? Visa (V). Shares took a hit ...
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Insider Trading Report: Duolingo (DUOL)

Durable Capital Partners, a major holder of Duolingo (DUOL), recently added 157,977 shares. The buy increased the fund’s stake by over 8.5 percent, and came to a total price of $15.3 million. That’s on top of some more recent buys from the fund since the start of the year, for 112,111 shares, 79,111 shares, and 69,626 shares. Those buys have added another $25 million in buying for the fund so far in 2022. Overall, insiders own just 2 percent of shares, ...
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Unusual Options Activity: Healthpeak Properties (PEAK)

Shares of healthcare REIT Healthpeak Properties (PEAK) have been trending in a range for the past few months. One trader sees shares moving to the higher end of their range, and possibly breaking to new highs. That’s based on the April $37 calls. With 85 days until expiration, 9,500 contracts traded hands, a 91-fold jump in volume compared to the prior interest of 104. The buyer of the calls paid $1.05 to make the trade. With shares around $36, the option is ...
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Invest in Inflation-Beating Companies Until Price Increases Die Down

An inflationary environment, where prices continue to increase at higher-than-desired levels, can cause a lot of changes in consumer and investor behavior. However, some investments can fare well. One such type of company is one that won’t lose customers even if it can continue to deliver its product or service at a higher price. Companies that charge monthly are also in a great spot of being able to change prices more quickly compared to some companies that may go years without ...
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