13801

Unusual Options Activity: Nvidia (NVDA)

Shares of graphics processing unit manufacturer
Nvidia (NVDA) have lost nearly half their value in the past year. One trader sees a further decline in the weeks ahead. That’s based on the February 3 $150 put. With 24 days until expiration, 7,958 contracts traded compared to a prior open interest of 327, for a 24-fold rise in volume on the trade. The buyer of the puts paid $8.75. Shares recently traded for about $150, making this an at-the-money trade. The stock is off ...
Read More About This
|
13787

This Trend May Be Your Friend as Market Fears Rise

One way for investors and traders alike to make consistent profits is to simply follow trends. If a stock is going up, it may be worth buying for further gains. As long as you’re out by the time the trend ends, you can lock in some gains. Many see energy as a continued winner, given how energy stocks fared last year. But oil prices peaked last spring, and could fall with a slowing economy. Yet one commodity continues to quietly rise… That ...
Read More About This
|
13789

Insider Trading Report: Simon Property Group (SPG)

Albert Smith, a director at
Simon Property Group (SPG), recently bought 639 shares. The buy increased his holdings by 1 percent ,and came to a total cost of just over $74,000. He was joined by another director, who bought 326 shares, paying just under $38,000. Other directors have made modest purchases in the past few days as well, with another cluster of director buying in the last quarter. Over the past two years, there have been no insider sales. Overall, company insiders Read More About This
|
13791

Unusual Options Activity: Diamondback Energy (FANG)

Shares oil and gas exploration company
Diamondback Energy (FANG) are up about 5 percent over the last year, significantly lagging others in the energy space. One trader sees a decline for the stock in the weeks ahead. That’s based on the March $135 puts. With 66 days until expiration, 7,643 contracts traded compared to a prior open interest of 110, for a 70-fold rise in volume on the trade. The buyer of the puts paid $10.30 to make the trade. Shares recently traded ...
Read More About This
|
13783

In a Declining Market, Look to Luxuries

There are many ways to play consumer trends. When the market pulls back and the economy slows, it may make sense to focus on companies that can offer users the best price available. However, companies that cater to luxury markets tend to face less of a slowdown. Even better, these companies tend to see their profit margins hold up, even as lower markets are in decline. A slow economy and a down market tends to make for a good time to invest ...
Read More About This
|
13784

Insider Trading Report: FedEx Corp (FDX)

Amy Lane, a director at
FedEx Corp (FDX), recently added 280 shares. The buy increased her holdings by 22 percent, and came to a total price of just over $49,000. This marks the first insider buy at the company since September, when another director bought 1,500 shares, paying just over $215,000. Otherwise, company executives have largely been sellers of shares as options have been exercised, as directors continue to buy. Overall, company insiders own 7.9 percent of shares. The freight and logistics company ...
Read More About This
|
13785

Unusual Options Activity: Bausch Health Companies (BHC)

Shares of healthcare product producer
Bausch Health Companies (BHC) have lost three quarters of their value in the past year. One trader sees a rebound in the weeks ahead. That’s based on the February $8 calls. With 42 days until expiration, 26,688 contracts traded compared to a prior open interest of 665, for a 40-fold rise in volume on the trade. The buyer of the calls paid $0.37 to make the bullish bet. Shares recently traded just under $7, so the stock would ...
Read More About This
|
13779

This Commodity Will Continue to See Strength This Year

In a volatile market, it may seem that no sector is safe. That’s especially true as both stocks and bonds sold off by double-digits last year. But other asset classes are more mixed. Commodities held up fairly well last year, and some specific plays look set to fare well into 2023 and possibly beyond. That’s because the rules of the commodity space can come down to supply and demand. Any change in those factors can lead to big prices swings. While investor ...
Read More About This
|