11023

Another Iconic Company Transforms Following One of the Top Trends of the Decade

Technology trends are already starting to shape the decade of the 2020s. This decade will be a transformative one in many ways. Fossil fuel companies are already starting to address carbon emissions. For the automotive sector, the success of
Tesla Motors (TSLA) is pushing other carmakers to also offer electric vehicles as well. The market is rewarding that news with much higher share prices. Case in point?
Ford Motors (F). Shares jumped to a multi-year high as the company announced it was planning to ...
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11017

Insider Trading Report: Franchise Group (FRG)

Brian Khan, CEO of
Franchise Group (FRG) recently bought 1 million shares of the company. The buy increased his holdings by 291 percent, and came to a total cost of $36 million. Insiders have been active buyers over the past year, including further purchases from the company CEO. The only insider sale in the past year occurred when a financial company with a significant stake sold off 757,000 shares. Overall, company insiders own just over 2.2 percent of shares, which are up ...
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11015

Sooner or Later, This Blue Chip Will Adapt to the Times

The past decade has seen the rise of economically viable forms of alternative energy. That’s occasionally spelled trouble for fossil fuel companies. Last year’s drop in oil into negative territory, fueled by traders trying to get out of a bad trade, has now become a distant memory. But the rise of socially responsible investing, now dubbed ESG for environmental, social and governance, is looking to make some big changes to big oil. The biggest potential change? Going carbon neutral. With
ExxonMobil (XOM) facing ...
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11019

Unusual Options Activity: General Motors (GM)

The automotive industry had a strong year in 2020, but automotive stocks have had a rougher time in 2021 as a semiconductor shortage has shut down production for many carmakers. One trader sees the potential for a drop in
General Motors (GM) in the coming weeks. That’s based on the July $57.50 puts. With 50 days until expiration, over 25,132 contracts traded against an open interest of 256, for a 98-fold rise in volume. The options are slightly in-the-money based on a current ...
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11008

This Payments Giant Has Thrived Amid the Cryptocurrency Crash

A number of payments companies have started embracing cryptocurrencies in the past year, starting with Bitcoin. Some of those companies have struggled in recent weeks as the rapid moves in the cryptocurrency have had large swings in how these companies are valued. However,
PayPal (PYPL) has held up more strongly than other names. That’s even as the company, along with its other division Venmo, has moved to increase its cryptocurrency trading abilities for customers in the past few months. However, right now, Read More About This
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11010

Insider Trading Report: AT&T (T)

Pascal Desroches, a senior executive VP at
AT&T (T), recently bought another 19,976 shares. The buy increased the VP’s stake by nearly 12 percent, and came to a total price just under $589,000. Company CEO John Stankey also bought 34,614 shares on the same day. The CEO paid just over $997,000 to add to his stake. Overall, insiders own just 0.1 percent of company shares. This duo of insider buys marks the first trades from company insiders since last July. Insiders have ...
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11011

Unusual Options Activity: Ballard Power Systems (BLDP)

Fuel cell energy company
Ballard Power Systems (BLDP) saw shares rally to a speculative high back in February over $40, only to slide lower. One trader sees the potential for an even further drop in shares, despite a rally in recent sessions. That’s based on the June 18 $13 puts. With 23 days left to trade, over 46,524 contracts traded against a prior open interest of 104, for a staggering 447-fold rise in volume. The buyer of the puts paid about $0.10 for ...
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11005

Unusual Options Activity: Home Depot (HD)

Shares of home improvement retailer the
Home Depot (HD) dropped last week despite a great earnings report. At least one trader sees the selloff as related to last week’s market weakness, with shares likely to bounce higher. That’s based on the June $320 calls. Over 1,032 contracts traded against a prior open interest of 101, for a 10-fold rise in volume. The option expires in one month, and the buyer of the option paid about $5.75 for the trade. With shares just under ...
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