12738

Unusual Options Activity: Apple (AAPL)

Shares of consumer tech giant
Apple (AAPL) have succumbed to the recent market decline, although shares are faring somewhat well given the company’s relatively strong cash flows and excellent branding. However, one trader sees further downside ahead. That’s based on the June 24th $125 puts. With 44 days until expiration, 13,129 contracts traded compared to an open interest of 122, for a 108-fold surge in volume on the trade. The buyer of the puts paid $1.46 to get into the trade. Shares are ...
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12729

Follow the World’s Safest Long-Term Investment Strategy Now

Investors looking to go long on stocks right now could be in for a wild ride. But over time, a few strategies can ensure that buying during this period of market fear leads to great results. While the market selloff of the past few months may lead to investors swearing off of stocks, chances are it won’t be long before investors start piling into the next fad. However, one strategy stands the test of time. And that’s investing in companies that pay ...
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12731

Insider Trading Report: PayPal Holdings (PYPL)

Enrique Lores, a director at
PayPal Holdings (PYPL), recently picked up 1,100 shares. The buy increased his stake by over 26 percent, and came to a total cost of just under $97,000. This follows up on a number of insider buys since late 2021. Company insiders have been exclusively sellers in the two years before that timeframe. The more recent insider buys have included directors and company executives as shares have substantially dropped from their highs. Overall, insiders own 0.2 percent of shares. The ...
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12732

Unusual Options Activity: Wells Fargo Company (WFC)

Shares of megabank
Wells Fargo Company (WFC) have lost over one quarter of their value since February. One trader sees room for a continued downtrend in the coming weeks. That’s based on the June 10th $44 puts. With 31 days until expiration, 11,374 contracts traded compared to a prior open interest of 143, for an 80-fold increase in volume on the trade. The buyer of the puts paid $1.87 to bet on a further drop in shares. Shares recently traded around $44.50, ...
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12725

Growing Consumer Goods Companies Look Like a Market Safe-Haven Now

Stocks are closing in on a bear market, as rising inflation seems to be out of control, even with the Federal Reserve hiking interest rates. However, some areas of the market are holding up well. A few consumer goods companies are able to see solid growth and revenue, while also passing off higher costs to consumers. These companies tend to hold up well in down markets, even though they don’t get much respect during a stock market rally. The perfect example of ...
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12727

Insider Trading Report: B. Riley Financial (RILY)

Randall Paulson, a director at
B. Riley Financial (RILY), recently added 10,000 shares. The buy increased his holdings by nearly 6 percent, and came to a total price of just under $485,000. This adds to a number of recent insider buys, including multiple buys from the company Chairman and Co-CEO over the past few months. And going back three years, insiders have only been buyers at the company. Overall, company insiders own 36.7 percent of shares. The stock is down nearly 25 percent ...
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12728

Unusual Options Activity: Block (SQ)

Shares of payment company
Block (SQ) have been in a sharp downtrend with other tech names in the past few months. One trader sees that trend continuing indefinitely. That’s based on the December $90 puts. With 221 days until expiration, 1,329 contracts traded against a prior open interest of 109, for a 12-fold rise in volume. The buyer of the puts paid $18.20 to get into the trade. The stock last went for around $100 per share, so it would need to decline ...
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12720

This Unusual Commodity Is Set for a Great Few Years, No Matter What the Economy Does

Commodities have been in a bull market for some time. But with oil prices well off their highs, and with precious metals failing to break higher even with high inflation rates, prices have moderated somewhat. But some commodities have stronger fundamentals, especially in the years ahead. The metals space is one area, as a recovering global economy has greater demand for these commodities than the current supply. One such commodity is lithium. Critical for rechargeable batteries in everything from cell phones to ...
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