Unusual Options Activity: Activision Blizzard (ATVI)

Shares of game studio Activision Blizzard (ATVI) have broken down to the lower end of their trading range over the past few months. One trader sees the possibility for a bounce back higher in the coming months. That’s based on the February 2022 $92.50 calls. With 204 days until expiration, 8,940 contracts traded against a prior open interest of 141 for a 63-fold surge in volume. The buyer of the calls paid $5.10 to make the trade. Shares have recently dropped to ...
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Quantum Computing Potential Makes this Household Name an Unusual Tech Buy

Investors will often flock to smaller tech names when they’re looking for a fast profit. But, it’s often bigger companies embracing new technologies that have the expertise and financial depth needed to carry big projects to fruition. That’s why the big-tech companies have come to dominate markets in recent years, and why they may yet further increase their market share. But a group of up-and-coming big tech plays could disrupt the biggest players in the mega-stock club. One such company is Honeywell ...
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Insider Trading Report: FAST Acquisition Corp (FAST)

Chatham Asset Management, a major holder at FAST Acquisition Corp (FAST), recently acquired another 395,000 shares. The buy increased the fund’s stake by over 13 percent, and came to a total cost of just over $4.6 million. The fund has been a regular buyer throughout the month of July, picking up over 1.1 million shares in total at a price of over $11 million all told. Prior to that, another major holder was a seller of shares throughout late 2020. FAST ...
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Unusual Options Activity: Morgan Stanley (MS)

Shares of investment bank Morgan Stanley (MS) have nearly doubled in the last year. One trader sees the potential for a further move higher in shares in the months ahead. That’s based on the February 2022 $100 calls. Expiring in over six months, over 11,220 contracts traded against a prior open interest of 215 contracts, for a 52-fold rise in volume. The buyer of the calls paid about $5.10 to do so. The bank’s strongly performing share price stands against a relatively ...
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10 Electric Vehicle Stocks to Buy Now According to Goldman Sachs

There are several megatrends sweeping the world right now. One of them could lead to a $30 trillion global industry by the end of the decade. It’s an industry that was just in its infancy a decade ago, but is just now starting to ramp up the traditional S-curve of the business model that can lead to the biggest profits. Best of all, while it’s been led by the private sector, government funding is pouring into the space. The trend? Electric vehicles, or ...
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Market Fears Point to Potential Buying Opportunity

The past few months have been brutal for cryptocurrencies, which went from a total market cap over $2 trillion to shedding over half its market value in just a few weeks. One culprit? China, which banned cryptocurrency mining. While the global mining network is reestablishing itself in friendlier jurisdictions, there’s rising concern over how long that will take and if the market will be flooded with used mining equipment. Such equipment is usually in the form of high-end graphics cards, which ...
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Insider Trading Report: Ames National Corp (ATLO)

James Larson, a director at Ames National Corp (ATLO), recently picked up 1,300 shares. The buy increased his stake by just under 4 percent, and came to a total value of around $30,000. A number of other insiders also acquired shares around the same time, in amounts ranging from $3,500 to $5,000, in what looks like an options exercise. Company insiders, both directors and officers, have been accumulating shares over the past three years with no insider sales. Overall, company insiders ...
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Unusual Options Activity: Las Vegas Sands (LVS)

Shares of casino giant Las Vegas Sands (LVS) have been trending down since mid-March, and now stand near a six-month low. One trader sees shares breaking off the low and moving higher once again. That’s based on the May 2022 $62.50 calls. With 298 days until expiration, over 35,780 contracts traded against a prior open interest of 677, for a 53-fold jump in volume. The buyer of the calls paid $2.21 on average. With shares around $47, they would need to rally ...
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