Unusual Options Activity: JPMorgan Chase (JPM)
Megabank
JPMorgan Chase (JPM) is up about 10 percent so far this year, as regional banks have plunged into turmoil. One trader sees shares moving even higher in the coming days. That’s based on the July 28 $157.50 calls. With 10 days until expiration, 22,806 contracts traded compared to a prior open interest of 104, for a staggering 219-fold jump in volume on the trade. The buyer of the calls paid $0.59 to make the bullish bet. Shares recently traded near a ...
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JPMorgan Chase (JPM) is up about 10 percent so far this year, as regional banks have plunged into turmoil. One trader sees shares moving even higher in the coming days. That’s based on the July 28 $157.50 calls. With 10 days until expiration, 22,806 contracts traded compared to a prior open interest of 104, for a staggering 219-fold jump in volume on the trade. The buyer of the calls paid $0.59 to make the bullish bet. Shares recently traded near a ...
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Invest With Companies Building Smart Partnerships
Companies regularly announce all sorts of partnerships . Most are fairly humdrum affairs, and are hardly worth the ink spilled in a press release. But a big partnership that has the potential to create billions of dollars in value is rarer. When that happens, it may be prudent to look at that partnership, and determine which company is the better buy now. Sometimes, it may even be both. That could be the case with the deal inked between
Domino’s (DPZ) and
Uber (UBER). By Read More About This
Domino’s (DPZ) and
Uber (UBER). By Read More About This
Insider Activity Report: Domo (DOMO)
David Daniel, a director at
Domo (DOMO), recently bought 26,400 shares. The buy increased his holdings by 19 percent, and came to a total cost of $357,580. This is the director’s third buy of the year, followed by a buy in May and April. The company CFO picked up 5,000 shares, paying about $70,000 back in April, and the company’s CEO bought 429,810 shares in March. There has been one small insider sale in the past month. Overall, company insiders own 7.1 ...
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Domo (DOMO), recently bought 26,400 shares. The buy increased his holdings by 19 percent, and came to a total cost of $357,580. This is the director’s third buy of the year, followed by a buy in May and April. The company CFO picked up 5,000 shares, paying about $70,000 back in April, and the company’s CEO bought 429,810 shares in March. There has been one small insider sale in the past month. Overall, company insiders own 7.1 ...
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Unusual Options Activity: Marathon Digital Holdings (MARA)
Digital asset company
Marathon Digital Holdings (MARA) has risen nearly 70 percent in recent weeks on news that the SEC may approve a bitcoin ETF. One trader is betting shares will give back some of their recent gains in the coming weeks. That’s based on the August $18 puts. With 36 days until expiration, 8,144 contracts traded compared to a prior open interest of 148, for a 55-fold rise in volume on the trade. The buyer of the puts paid $3.10 to ...
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Marathon Digital Holdings (MARA) has risen nearly 70 percent in recent weeks on news that the SEC may approve a bitcoin ETF. One trader is betting shares will give back some of their recent gains in the coming weeks. That’s based on the August $18 puts. With 36 days until expiration, 8,144 contracts traded compared to a prior open interest of 148, for a 55-fold rise in volume on the trade. The buyer of the puts paid $3.10 to ...
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Buy Companies that Regulators Slap on the Wrist
Today’s regulation heavy world means that companies are often in the spotlight. That can include for actual wrongdoing or perceived wrongdoing. Big companies tend to get hit with seemingly large fines. But for companies that are large enough, even a big fine amounts to little more than a slap on the wrist. Investors in these companies may see a few hits from time to time, but it’s also a sign that a company can handle fines and fees. One recent fine was ...
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Insider Activity Report: SecureWorks Corp (SCWX)
Neil Gagnon, a major holder at
SecureWorks Corp (SCWX), recently bought 6,725 shares. The buy increased his holdings by less than 1 percent, and came to a total cost of $45,967. Gagnon has been a regular and steady buyer of shares going back to June 2022. Going further back, several company insiders have also been buyers, including the company CEO and CFO. The last insider sale came from a fund that was a major holder in late 2021. Overall, insiders own 30.5 ...
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SecureWorks Corp (SCWX), recently bought 6,725 shares. The buy increased his holdings by less than 1 percent, and came to a total cost of $45,967. Gagnon has been a regular and steady buyer of shares going back to June 2022. Going further back, several company insiders have also been buyers, including the company CEO and CFO. The last insider sale came from a fund that was a major holder in late 2021. Overall, insiders own 30.5 ...
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Unusual Options Activity: Coinbase (COIN)
Shares of cryptocurrency brokerage firm
Coinbase (COIN) have surged over 60 percent in recent weeks amid talk of a bitcoin ETF being approved by the SEC. One trader sees a pullback in the weeks ahead. That’s based on the August $85 puts. With 35 days until expiration, 14,081 contracts traded compared to a prior open interest of 257, for a 55-fold rise in volume on the trade. The buyer of the puts paid $9.15 to make the bearish bet. Shares recently traded near ...
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Coinbase (COIN) have surged over 60 percent in recent weeks amid talk of a bitcoin ETF being approved by the SEC. One trader sees a pullback in the weeks ahead. That’s based on the August $85 puts. With 35 days until expiration, 14,081 contracts traded compared to a prior open interest of 257, for a 55-fold rise in volume on the trade. The buyer of the puts paid $9.15 to make the bearish bet. Shares recently traded near ...
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Innovation Can Drive Profitability Higher
While most investors are focused on big tech names right now, conventional companies also benefit from today’s tech trends. Companies that can integrate new technologies can provide better service, and potentially even keep costs down. A company that has the lowest costs in the industry tends to have low profit margins. But it also has a big market share, as consumers are largely price-focused. That can still lead to great returns, especially as new technology improves profit margins. Retail isn’t known for ...
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