14261

Unusual Options Activity: Xerox Holdings Corporation (XRX)

Document management company
Xerox Holdings Corporation (XRX) have been trading in a range for most of the past year. One trader sees shares continuing to trend toward the lower end of that range in the weeks ahead. That’s based on the May $14 puts. With 28 days until expiration, 4,247 contracts traded compared to a prior open interest of 119, for a 36-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares recently ...
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14253

Look for Opportunities to Buy Two (Or More) Companies For the Price of One

There are many ways to earn a great return in the stock market. One way is to look at special situations, such as a merger announcement. There’s also a less-well-known way to profit by buying up a company about to split into multiple companies. Such moves happen with less fanfare than an acquisition. But it can be a way for a company to unlock the value of a line of business that may not fit into the stock market’s perception of ...
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14255

Insider Trading Report: Tilly’s Inc (TLYS)

Fund 1 Investments LLC, a major holder at
Tilly’s Inc (TLYS), recently added 177,930 shares. The buy increased the fund’s holdings by 3 percent, and came to a total cost of $1.36 million. The fund has been a steady buyer of shares over the past year. The fund also sold shares back in December, possibly for tax loss purposes. There have been a few small sales by company insiders over the past year. Overall, company insiders own about 2.3 percent of shares, ...
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14256

Unusual Options Activity: JPMorgan Chase & Co (JPM)

Megabank
JPMorgan Chase & Co (JPM) has been moving higher since the recent fears in the banking sector. One trader is betting that trend will continue. That’s based on the November $175 calls. With 211 days until expiration, 4,870 contracts traded compared to a prior open interest of 109, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.06 to make the bullish bet. Shares last traded just over $140, so they would need to rise about ...
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14243

Cheap, Boring, and Hated Stocks Can Outperform In Slow Markets

Following the market’s big drop last year and bounce so far this year, it’s likely that markets will continue to bounce around as economic data points a mixed picture. That’s a good trading environment—and it can also be a good one for long-term investors. The way to take advantage is to look for stocks that are cheap, ignored or even hated by the market in general, and capable of moving higher thanks to strong financial performance. The life insurance industry is cheap ...
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14246

Insider Trading Report: WD-40 Co (WDFC)

Steven Brass, President and CEO at
WD 40 Co (WDFC), recently bought 558 shares. The buy increased his holdings by 3 percent, and came to a total purchase price just under $100,000. He was joined by several other company insiders. The company CFO bought 168 shares, increasing her stake by 12 percent at a cost just over $30,000. And two company vice presidents also bought the stock on the same day. Overall, insiders own 1.5 percent of the company. The specialty chemical company ...
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14249

Unusual Options Activity: Teck Resources (TECK)

Metals mining company
Teck Resources (TECK) is closing in on 52-week highs following a strong rally. One trader sees a pullback for the company in the months ahead. That’s based on the January 2024 $42 puts. With 275 days until expiration, 10,013 contracts traded compared to a prior open interest of 440, for a 23-fold rise in volume on the trade. The buyer of the puts paid $3.16 to make the bearish bet. Teck shares recently traded for just under $49 after ...
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14234

Customers Are Slowing Spending, But Will Never Stop Entirely

Most economic activity is driven by consumer spending. That’s why changes in consumer spending can cause stocks to rise or fall. Some areas can hold up well, particularly those consumer goods or services that offer reasonable quality at a reasonable price. That’s because a slowing economy will cause consumers to shift to lower-price options rather than stop spending entirely. That may not be good news for upscale brands or services, but for some companies, it may indicate higher share prices ahead.
Darden ...
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