10381

Insider Trading Report: Intel Corp (INTC)

Robert Swan, CEO of
Intel (INTC), recently picked up 27,544 shares. The buy increased his holdings by nearly 6 percent. The total cost of the buy came to just over $1.5 million. This marks the first buy at the company since October, also by Swan. Insiders have generally been steady sellers of shares over the past few years, as befits the stock-based compensation of a large company in the tech space. Shares of Intel are down 20 percent over the past year, ...
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10380

The Next Short Squeeze: A Heavily Hated Commodity?

Traders looking for other short-squeeze alternatives to
GameStop (GME) are turning their eyes toward silver. Why? The commodity is seeing lower annual mining production, while demand for it increases thanks to a variety of uses in electronic components. Meanwhile, big banks are able to play the silver market by selling contracts, earning a small amount on each trade, but making millions of trades. The disconnect between this paper market and the physical metals market has grown extreme. This idea isn’t new. It found ...
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10382

Unusual Options Activity: Continental Resources (CLR)

Oil and gas exploration company
Continental Resources (CLR) has seen shares soar in recent sessions, and is in a general uptrend. One trader sees the move continuing over the next few weeks. That’s based on the March 2021 $30 calls. With 49 days until expiration, over 7,300 contracts traded against a prior open interest of 148, for a 50-fold rise in volume on the trade. The trader paid about $1.30 for each contract. Shares trade around $22, so the option would require shares ...
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10376

Insider Trading Report: FuelCell Energy (FCEL)

Jason Few, CEO of
FuelCell Energy (FCEL), recently added 11,000 shares to his holdings. The buy increased his stake by 98 percent, and the total buy came to just under $200,000. This marks the first insider transaction since late 2018. Insiders have exclusively been buyers of shares looking at data going back to 2013, paying as much as 4 times more than the current price of shares. Insiders own just under 4 percent of shares. Shares of the stationary fuel power generations ...
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10368

The World’s Most Valuable Brand Has Changed Again

For the first time in five years,
Amazon (AMZN) isn’t the reigning global brand. Rather, the title is going back to a name that had it before. The company?
Apple (AAPL). It’s the ultimate consumer tech play. While the company can be derided for coming up with small improvements in its tech every year, a rabid fan base and a growing services division continues to reward shareholders. The company’s increased investment in streaming, electric cars, and other trends have already allowed it to become ...
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10378

Unusual Options Activity: BlackBerry (BB)

Mobile data security firm
BlackBerry (BB) has gotten caught up in the “meme stock” rally of 2021. At least one trader sees shares capable of doubling yet again from here in the next year. That’s based on the January 2022 $40 call. Nearly a clean double with shares near $22, the option expires in 358 days. Over 6,600 contracts traded against a prior open interest of 465, a 14-fold rise in volume. The trader paid about $11.35 for the contracts. Shares started the ...
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10362

Unusual Options Activity: The TJX Companies Inc (TJX)

Discount retailer giant
The TJX Companies Inc (TJX), parent company of HomeGoods, T.J. Maxx, and others, has seen shares decline rapidly over the past few sessions. However, one trader sees shares moving higher in the next 51 days. That’s based on the March 2021 $72.50 call options. Over 21,500 contracts traded against a prior open interest of 262, for an 82-fold rise in volume. The buyer paid about $1.44 for the contracts on average. Shares traded near $72.50 before their recent selloff of ...
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10360

A Strong Way to Play a K-Shaped Recovery

The pandemic and related lockdowns have left some better off. For others, job losses have led to a challenge. The end result? A K-shaped recovery, as some trend higher and some lower. With that theme in mind, there are plenty of investment opportunities. Many consumers, particularly on the lower-end, are likely to continue their shift towards lower-priced consumer goods. That bodes particularly well for outlets such as dollar stores. One company getting an upgrade from Loop Capital on that thesis is
Dollar ...
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