17203

Unusual Options Activity: Reddit (RDDT)

Social media site
Reddit (RDDT) has been on a tear, with shares soaring 275% over the past year. One trader sees further upside over the next two years. That’s based on the January 2027 $270 calls. With 758 days until expiration, 10,002 contracts traded compared to a prior open interest of 163, for a 61-fold rise in volume on the trade. The buyer of the calls paid $48.20 to make the bullish bet. Reddit shares recently traded for about $178. Shares would need ...
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17194

The AI Chip Story Isn’t Over Yet

While investors have started looking beyond the chipmakers to play the AI boom, it’s clear that chips are still central to that theme. The world’s greatest AI software can’t run if there isn’t the infrastructure for it, including energy and data centers to the hardware, including processing chips. It’s likely that many chipmakers will continue to benefit in 2025, and for now, the market will continue to reward the top industry players. For instance, chipmaker
Broadcom (AVGO) soared nearly 25% last week and ...
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17195

Insider Activity Report: Norfolk Southern (NSC)

Mark George, President and CEO of
Norfolk Southern (NSC), recently bought 200 shares. The buy increased his stake by 1%, and came to a total cost of $49,967. One day later, a company director picked up 350 shares, increasing his position by 4%, at a cost of $87,280. This follows a similar pattern, including two director pickups back in October, as well as buys in May, June, July and August. There have been just two insider sales over the past year. Overall, Read More About This
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17196

Unusual Options Activity: Centene Corporation (CNC)

Healthcare plan provider
Centene Corporation (CNC) has been trending lower over the past year, with shares down over 20%. One trader sees a further decline into the start of 2025. That’s based on the February 2025 $55 puts. With 65 days until expiration, 7,325 contracts traded compared to a prior open interest of 151, for a 49-fold rise in volume on the trade. The buyer of the puts paid $1.80 to make the bearish bet. Centene shares recently traded for about $59.50, so ...
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17172

The Worst May Be Over for this Critically Important Company

Every company will run into trouble at some point. For investors, it’s critical to know when the biggest dangers have passed. One sign is that even when facing bad news, the share price either doesn’t respond to it, or the stock goes up. That could be a sign that the turnaround is underway. And that things are starting to finally look up. Buyers who wait for this early signal can often see great returns from a new trend higher. For instance, airline ...
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17173

Insider Activity Report: Hormel Foods Corp (HRL)

Steven Lykken, a Group VP at
Hormel Foods Corp (HRL), recently bought 4,904 shares. The buy increased his stake by 15%, and came to a total cost of $159,246. This is the first insider activity since September ,when three company insiders were sellers of shares. Going further back, the most recent insider buy was an 830 share pickup back in June for an even $25,000. Insiders have mostly been sellers over the past two years. Overall, insiders at the processed food company ...
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17175

Unusual Options Activity: Riot Platforms (RIOT)

Bitcoin mining giant
Riot Platforms (RIOT) is down 25% over the past year, even as cyrpto prices have been surging higher. One trader sees shares continuing to underperform in the first half of 2025. That’s based on the June 2025 $11 puts. With 186 days until expiration, 10,016 contracts traded compared to a prior open interest of 196, for a 51-fold rise in volume on the trade. The buyer of the puts paid $2.78 to make the bearish bet. Riot shares recently traded ...
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17167

Tread Carefully with This Possible Restructuring Play

Investors can sometimes see big returns from companies that restructure. That’s been the case with
Apple (AAPL), which nearly went bankrupt in the late 1990s before it was able to refocus on key products. Apple would go on to create the iPod and iPhone after its bailout. While not every restructuring will turn a company into the world’s largest, a successful turnaround should mean big profits as the market starts rewarding shareholders. That could be the case with video game retailer
GameStop (GME). The ...
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