Insider Trading Report: Jacobs Engineering (J)

Christopher Thompson, a director at Jacobs Engineering (J), recently bought 10,000 shares. The buy increased his stake by 46 percent, and came to a total price of just over $140,000. This marks the first insider buy at the company in the past three years. Insiders have been regular sellers of shares throughout the past few years at fairly regular intervals, even as the share price has risen. Overall, company insiders own 0.9 percent of shares. The company offers private and public sector ...
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More Upside Catalysts Than Downside Point to this Blue Chip Winner

The past few years have been some of the worst in Boeing’s (BA) history. The airline manufacturer has had to deal with rising international competition, the flaws in its 737 Max jet, and then the pandemic’s collapse in global air travel. These high-profile dangers have been well baked into shares. Now, with the 737 Max getting back into service and the pandemic ending, things are potentially looking up for the airliner. That may be why the company has started earning analyst ...
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Unusual Options Activity: NRG Energy (NRG)

Shares of utility company NRG Energy (NRG) have been in a sharp drop since early March. One trader sees the potential for a partial rebound in the coming weeks. That’s based on the July $35 calls. Over 6,900 of the contracts traded against a prior open interest of 218, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.85. Shares of the company have recently pulled back to six-month lows, and the price is down ...
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Unusual Options Activity: Citigroup (C)

Shares of megabank Citigroup (C) have nearly rallied back to their pre-pandemic peak in recent months. However, one trader sees the potential for a big decline in shares at some point in the next year and a half. That’s based on the January 2023 $80 puts. With nearly 600 days until expiration, over 5,300 contracts traded against an open interest of 118, for a 45-fold surge in volume. The buyer of the puts paid about $12.90. The $80 strike price is slightly ...
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Is It time for This Inflation Hedge to Shine Again?

Gold prices peaked at over $2,000 per ounce over the summer on a rapidly-inflating economy and concerns over rapid government spending. While the metal then saw a drop as the stock market roared higher, gold has quietly started moving higher in recent weeks as the overall stock market has slowed down. With the metal up 7 percent in the past month near $1,900 per ounce, technical indicators point to a potential move higher. With the metal finally up year-to-date, and with ...
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Insider Trading Report: Altria Group (MO)

Ellen Strahlman, a director at Altria Group (MO), recently bought 2,000 more shares. The buy increased her stake by nearly 57 percent, and came to a total price of just over $99,000. This action marks the first insider activity at the company for 2021. The last insider buy occurred in 2019, and over the past few years, company insiders have been more inclined to sell rather than buy shares. Overall, company insiders own just 0.1 percent of company shares. The tobacco giant ...
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Insider Trading Report: QuantumScape (QS)

Brad Buss, a director at QuantumScape (QS) recently bought 10,000 shares. The buy increased his stake by nearly 4 percent, in a transaction valued at nearly $284,000. This is the first buy from an insider since major investor Volkswagen committed $100 million back in late March. Other company insiders have been sellers of shares in recent weeks. Overall, company insiders own 31 percent of the company. Shares of the battery manufacturer have been on a wild ride since their IPO last ...
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Unusual Options Activity: Live Nation Entertainment (LYV)

Shares of ticket selling company Live Nation Entertainment (LYV) spiked higher following the vaccine rollout, pulled back, and have now moved back to their old highs. One trader sees shares breaking through to new highs in the second half of the year. That’s based on the January 2022 $95 calls. With over six months until expiration, 5,326 contracts traded against a prior open interest of 161, for a 33-fold rise in volume. The buyer of the option paid about $8.60 to make ...
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