11235

Unusual Options Activity: Boston Properties (BXP)

Shares of office real estate investment trust (REIT)
Boston Properties (BXP) have generally been rising over the past few months. One trader sees a continued rally in shares. That’s based on the November $130 calls. With just over 4 months until expiration, 5,000 contracts traded against a prior open interest of 138, for a 36-fold rise in volume. The buyer of the calls paid about $2.20 for the trade. With shares around $117, they would need to rise $13, or about 11 ...
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11226

Growth Trends Will Continue to Make Popular Stocks More Valuable

Sometimes, a company will be caught in a virtuous loop, where its rising share price attracts analyst upgrades. In turn, the shares rise again, prompting more analysts to turn bullish. While that can sometimes end up looking a little silly in hindsight, for the right company, it may be a sign that growth is taking off. That could be the case with a big growth story in the markets right now, especially when the virtuous cycle leads a company back to ...
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11227

Insider Trading Report: Piedmont Lithium (PLL)

Jeffrey Armstrong, a director at
Piedmont Lithium (PLL), recently picked up 2,500 shares. The buy increase his stake by more than 14 percent, and came to a total price of just over $174,000. This follows up from a 4,000 share buy from another director, Susan Jones, the day before. She spent over $292,000 to make the buy. Other than an insider sale around the same time, this is the first insider activity at the firm since 2009. Company insiders overall own just ...
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11228

Unusual Options Activity: Expedia Group (EXPE)

Shares of online travel agency
Expedia Group (EXPE) has been trending down slightly in recent months as the market has largely priced in the reopening trade. However, one trader sees shares moving higher in the coming months. That’s based on the November $165 calls. Expiring in 129 days, over 12,810 contracts traded against a prior open interest of 205, for a 62-fold rise in volume. The buyer of the calls paid about $14.40 on average to make the trade. With shares around $162, ...
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11213

Higher Prices? Higher Rewards for Shareholders

Some companies assume that when things are going well, that trend will continue forever. That can sometimes lead to unpleasant surprises. During last year’s pandemic, a number of companies cut or suspended dividends or share buybacks, for instance. However, companies in the commodity space tend to recognize the power of cycles. When things are going well, they may be more inclined to pass the good times on to shareholders rather than overinvest when times are good. Case in point?
Royal Dutch Shell (RDS-A) ...
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11214

Insider Trading Report: Asana Inc (ASAN)

Dustin Moskovitz, President and CEO at
Asana (ASAN) recently picked up over 1.1 million shares of the firm. The total cost of the buy came to just under $70 million, and was made over a number of days last month. The buys increased his stake by over 15 percent in total. Over the past few months, other company insiders have generally been sellers, but those total sales have been less than this high level of purchases by the CEO. Overall, company insiders ...
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11215

Unusual Options Activity: The Trade Desk (TTD)

Shares of digital advertising firm
The Trade Desk (TTD) have been trending higher in the past few weeks after a longer-term slump. One trader sees the shares continuing higher. That’s based on the October 15 $75 calls. With 98 days until expiration, over 41,150 contracts traded, a 154-fold jump in volume from the prior open interest of 260. The buyer of the call paid about $10.25 to make the trade. Shares last traded north of $77.50, putting the call options about $2.50 in-the-money ...
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11205

Supply Chain Issues or Not, Retail Trends Will Likely Move Higher

The economy has been moving strongly past the pandemic, but concerns over inflation and supply chain disruptions have led to some uncertainty. While markets are generally heading higher, one area is likely to continue plugging along at a steady and growing rate. That space? Retail. Pent-up consumer demand is coming out as the labor market looks to not only stabilize, but do so at higher wages. That bodes well to companies across the retail spectrum. Most investors would do well to focus ...
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