Unusual Options Activity: PagSeguro Digital (PAGS)
Brazilian fintech company
PagSeguro (PAGS) has a healthy long-term chart, moving higher with some sharp, but quickly recovered, drops along the way. Following the recent market weakness, one trader is betting on a move higher with the January 2022 $65 calls. That’s about $10 per share higher from the current price near $65. Over 10,100 contracts traded, a 34-fold rise in volume from the prior open interest of 299. The buyer paid about $9.10 on average. Shares have had a sizeable correction over ...
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PagSeguro (PAGS) has a healthy long-term chart, moving higher with some sharp, but quickly recovered, drops along the way. Following the recent market weakness, one trader is betting on a move higher with the January 2022 $65 calls. That’s about $10 per share higher from the current price near $65. Over 10,100 contracts traded, a 34-fold rise in volume from the prior open interest of 299. The buyer paid about $9.10 on average. Shares have had a sizeable correction over ...
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Unusual Options Activity: Hilton Worldwide Holdings (HLT)
At least one trader is leaning hard into the “reopening” theme for the economy with a large bet on
Hilton Worldwide Holdings (HLT). That’s based on the January 2022 $140 calls. With shares at $124, shares would need to rally about 13 percent for the option to move in-the-money. Over 3,000 of the contracts traded compared to an open interest of 127, for a 24-fold rise in volume. The trader paid about $11.20 for the options on average. The company is coming off ...
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Hilton Worldwide Holdings (HLT). That’s based on the January 2022 $140 calls. With shares at $124, shares would need to rally about 13 percent for the option to move in-the-money. Over 3,000 of the contracts traded compared to an open interest of 127, for a 24-fold rise in volume. The trader paid about $11.20 for the options on average. The company is coming off ...
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Insider Trading Report: ExxonMobil (XOM)
Michael Angelakis, a director at
ExxonMobil (XOM), recently picked up 25,000 shares. The buy increased his stake by 312 percent, and came to a total purchase price of just over $1.4 million. This marks the first insider buys since March of last year, when shares traded at nearly half the price of today. Insiders have also been sellers at times over the past few years, including some sales in late 2020. Insiders own 0.01 percent of shares. Exxon shares have been on a ...
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ExxonMobil (XOM), recently picked up 25,000 shares. The buy increased his stake by 312 percent, and came to a total purchase price of just over $1.4 million. This marks the first insider buys since March of last year, when shares traded at nearly half the price of today. Insiders have also been sellers at times over the past few years, including some sales in late 2020. Insiders own 0.01 percent of shares. Exxon shares have been on a ...
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This Range-Bound Reopening Play Looks Set to Move Higher
Shares of rideshare firm
Lyft (LYFT) are set to move higher yet again. That’s thanks to the company’s latest ride numbers, which are now on par with March 2020. Average daily rides are up 4 percent, and volumes are up 5.4 percent from the previous month. That’s a great trend, and one likely to continue to rise over time, as economies look to end restrictions and reopen. And with shares already near all-time highs, there’s room for a surge higher. The rideshare ...
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Lyft (LYFT) are set to move higher yet again. That’s thanks to the company’s latest ride numbers, which are now on par with March 2020. Average daily rides are up 4 percent, and volumes are up 5.4 percent from the previous month. That’s a great trend, and one likely to continue to rise over time, as economies look to end restrictions and reopen. And with shares already near all-time highs, there’s room for a surge higher. The rideshare ...
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Insider Trading Report: Cree Inc (CREE)
Loan Le Duy, a director at
Cree (CREE), recently bought 1,000 shares. The buy increased her stake by over 6 percent, and came to a total cost of just over $105,000. This marks the first insider buy at the company since late 2019. As with many tech names, insiders are generally sellers, although all insider activity over the past few years have been from directors, rather than C-suite executives. Overall, insiders own just 0.5 percent of shares at the LED production and ...
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Cree (CREE), recently bought 1,000 shares. The buy increased her stake by over 6 percent, and came to a total cost of just over $105,000. This marks the first insider buy at the company since late 2019. As with many tech names, insiders are generally sellers, although all insider activity over the past few years have been from directors, rather than C-suite executives. Overall, insiders own just 0.5 percent of shares at the LED production and ...
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Retail Enters the Buy Range as Companies Continue to Pass on Guidance
The latest retail company to report earnings has continued the trend of failing to report guidance. And that’s once again spooked the market into a selloff. With where stocks are at right now, the move has created some opportunities to buy near the lows of the year.
The latest player?
Target (TGT). The company earned $2.73 per share for the last quarter of 2020, a massive jump from the $1.65 per share in the fourth quarter of 2019. Yet despite those massive numbers, ...
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Target (TGT). The company earned $2.73 per share for the last quarter of 2020, a massive jump from the $1.65 per share in the fourth quarter of 2019. Yet despite those massive numbers, ...
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Unusual Options Activity: Aurora Cannabis (ACB)
Cannabis stocks surged in the first half of February, but sank in the second half of the month. At least one trader still sees an uptrend in the space, however.
That’s based on the April $15 calls on
Aurora Cannabis (ACB). Shares would need to move 27 percent higher for the trade to move in-the-money, suggesting a big move here. Over 6,475 options traded against a prior interest of 405, for a 16-fold rise in volume. The trade, expiring in 44 days, cost ...
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Aurora Cannabis (ACB). Shares would need to move 27 percent higher for the trade to move in-the-money, suggesting a big move here. Over 6,475 options traded against a prior interest of 405, for a 16-fold rise in volume. The trade, expiring in 44 days, cost ...
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Unusual Options Activity: NetEase (NTES)
China-based internet technology company
NetEase (NTES) has corrected a bit in recent sessions along with the rest of the tech space. However, at least one trader sees a potential for a move higher. That’s based on the September $120 calls. Over 5,475 contracts traded, a 45-fold rise in volume from the prior open interest of 122 contracts. With 199 days to trade, the option will move in-the-money if shares rise just $10 from the current price near $110. The buyer paid about $10.60 ...
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NetEase (NTES) has corrected a bit in recent sessions along with the rest of the tech space. However, at least one trader sees a potential for a move higher. That’s based on the September $120 calls. Over 5,475 contracts traded, a 45-fold rise in volume from the prior open interest of 122 contracts. With 199 days to trade, the option will move in-the-money if shares rise just $10 from the current price near $110. The buyer paid about $10.60 ...
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