Unusual Options Activity: Electronic Arts (EA)
Shares of video game developer
Electronic Arts (EA) have been somewhat rangebound in the past year. However, one trader is betting on a move higher in the coming months. That’s based on the September $150 calls. With 113 days until expiration, 5,049 contracts traded hands compared to a prior open interest of 387, for a 13-fold rise in volume on the shares. The buyer of the calls paid $5.73 to get into the trade. Shares last went for about $137, so they ...
Read More About This
Electronic Arts (EA) have been somewhat rangebound in the past year. However, one trader is betting on a move higher in the coming months. That’s based on the September $150 calls. With 113 days until expiration, 5,049 contracts traded hands compared to a prior open interest of 387, for a 13-fold rise in volume on the shares. The buyer of the calls paid $5.73 to get into the trade. Shares last went for about $137, so they ...
Read More About This
Bear Markets Create Great Opportunities to Buy Growth on Sale
Growth stocks were priced for perfection at the end of last year. Now, with stocks in bear market territory, a lot of the froth has come out of many high-growth names. Some of the expected growth has stalled out along with the economy. But for traders looking for long-term opportunities to outperform the market, buying top growth names on sale now could deliver great returns 1-2 years out. That’s especially true for companies announcing new growth initiatives now. One such company is
Advanced ...
Read More About This
Advanced ...
Read More About This
Insider Trading Report: KBR Inc (KBR)
Mark Sopp, an EVP and CFO at
KBR Inc (KBR), recently picked up 2,150 shares. The buy increased his holdings by just under 2 percent, and came to a total purchase price of just under $101,000. This marks the second buy from this CFO in the past six months. Over the past three years, company insiders have been more likely to be sellers than buyers. Overall, company insiders own about 1 percent of shares. The engineering company has seen shares rise about 13 ...
Read More About This
KBR Inc (KBR), recently picked up 2,150 shares. The buy increased his holdings by just under 2 percent, and came to a total purchase price of just under $101,000. This marks the second buy from this CFO in the past six months. Over the past three years, company insiders have been more likely to be sellers than buyers. Overall, company insiders own about 1 percent of shares. The engineering company has seen shares rise about 13 ...
Read More About This
Unusual Options Activity: Starbucks (SBUX)
Shares of coffeehouse chain
Starbucks (SBUX) have lost more than one-third of their value in the past year. One trader sees the potential for a rally in shares in the second half of the year. That’s based on the December $85 calls. With 205 days until expiration, 46,245 contracts traded compared to a prior open interest of 485, for a 95-fold surge in volume on the trade. The buyer of the calls paid $3.06 to get into the trade. Shares recently traded around ...
Read More About This
Starbucks (SBUX) have lost more than one-third of their value in the past year. One trader sees the potential for a rally in shares in the second half of the year. That’s based on the December $85 calls. With 205 days until expiration, 46,245 contracts traded compared to a prior open interest of 485, for a 95-fold surge in volume on the trade. The buyer of the calls paid $3.06 to get into the trade. Shares recently traded around ...
Read More About This
Pick Up Companies Increasing Market Share Now
When the economy contracts, consumers shift their spending habits. This can result in a number of companies losing market share – while a few gain. That can be seen across a number of industries. Based on the earnings data so far, one prospective place for strong returns going forward could come from discount retailers. These companies have been hit like other stocks right now, but going forward could see strong sales and rising market share. One prospective play here is retailer
Ross Stores ...
Read More About This
Ross Stores ...
Read More About This
Insider Trading Report: Camping World Holdings (CWH)
Kent Schickli, a director at
Camping World Holdings (CWH), recently added 10,000 shares. The buy increased his holdings by 15 percent, and came to a total purchase price of $284,000. This marks the first insider buy of the year. Over the past three years, insider buying has been mixed, with large amounts of insider buying in 2019 and 2020, and less insider activity overall in the past year. Overall, insiders at the company own 4.1 percent of shares. Shares of the recreational vehicle ...
Read More About This
Camping World Holdings (CWH), recently added 10,000 shares. The buy increased his holdings by 15 percent, and came to a total purchase price of $284,000. This marks the first insider buy of the year. Over the past three years, insider buying has been mixed, with large amounts of insider buying in 2019 and 2020, and less insider activity overall in the past year. Overall, insiders at the company own 4.1 percent of shares. Shares of the recreational vehicle ...
Read More About This
Unusual Options Activity: Bloomin’ Brands (BLMN)
Shares of restaurant chain
Bloomin’ Brands (BLMN) have shed nearly one-third of their value in the past year. However, one trader sees the possibility for a rebound in the second half of the year. That’s based on the January 2023 $15 calls. With 241 days until expiration, 10,000 contracts traded compared to a prior open interest of 23, for a 43-fold rise in volume on the trade. The buyer of the calls paid $5.80 to get in. The stock recently traded just ...
Read More About This
Bloomin’ Brands (BLMN) have shed nearly one-third of their value in the past year. However, one trader sees the possibility for a rebound in the second half of the year. That’s based on the January 2023 $15 calls. With 241 days until expiration, 10,000 contracts traded compared to a prior open interest of 23, for a 43-fold rise in volume on the trade. The buyer of the calls paid $5.80 to get in. The stock recently traded just ...
Read More About This
Stay Defensive with Recession-Resistant Trades Now
While investors have largely soured on growth stocks, a few sectors are holding up well. Most of them are commodity-based companies, as that space has delivered strong returns this year. Some companies are also holding up well because business tends to be steady, no matter what’s happening in the economy. One of the better possible trades in the coming months could come from companies offering both. Agricultural commodities have been rising as geopolitical tensions and reduced fertilizer production have impacted the global ...
Read More About This
Read More About This