Unusual Options Activity: eBay (EBAY)
Online auction platform eBay (EBAY) is up 52% over the past year, far outperforming the overall market. One trader sees shares continuing higher into the spring.
That’s based on the March 2025 $70 calls. With 100 days until expiration, 4,414 contracts traded compared to a prior open interest of 109, for a 41-fold rise in volume on the trade. The buyer of the calls paid $2.55 to make the bullish bet.
eBay shares recently traded for about $65.50, so the stock would ...
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This Industry Leader Is Focusing On More Shareholder Value and Income
The energy sector has been a laggard for 2024. Oil prices have struggled to trend around $70 for most of the year. The outlook isn’t too strong going forward either, amid fears of a slowing economy, or at least one where energy demands are focused more on nuclear energy for AI projects.
While oil may be down, it’s not out. It’s still a critical resource that’s needed, and the most energy dense for transportation needs. Given the slowdown in EV adoption, ...
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Insider Activity Report: Cincinnati Financial (CINF)
Dirk Debbink, a director at
Cincinnati Financial (CINF), recently bought 1,000 shares. The buy increased his stake by 2%, and came to a total cost of $157,188. Debbink was also a buyer back in April for 1,000 shares, which cost just $113,470 at the time. Another company director also picked up shares in April. Another director sold a small position in July. Going further back company directors have been the sole insider traders, and buyers have exceeded sellers. Overall, Cincinnati Financial insiders ...
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Cincinnati Financial (CINF), recently bought 1,000 shares. The buy increased his stake by 2%, and came to a total cost of $157,188. Debbink was also a buyer back in April for 1,000 shares, which cost just $113,470 at the time. Another company director also picked up shares in April. Another director sold a small position in July. Going further back company directors have been the sole insider traders, and buyers have exceeded sellers. Overall, Cincinnati Financial insiders ...
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Unusual Options Activity: Pfizer (PFE)
Pharmaceutical manufacturer
Pfizer (PFE) is down 11% over the past year on concerns of a slowing drug pipeline. One trader sees shares continuing that trend lower in the coming weeks. That’s based on the January 10, 2025 $24 puts. With 31 days until expiration, 22,448 contracts traded compared to a prior open interest of 133, for a 169-fold rise in volume on the trade. The buyer of the puts paid $0.20 to make the bearish bet. Pfizer shares recently traded for about $25.75, ...
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Pfizer (PFE) is down 11% over the past year on concerns of a slowing drug pipeline. One trader sees shares continuing that trend lower in the coming weeks. That’s based on the January 10, 2025 $24 puts. With 31 days until expiration, 22,448 contracts traded compared to a prior open interest of 133, for a 169-fold rise in volume on the trade. The buyer of the puts paid $0.20 to make the bearish bet. Pfizer shares recently traded for about $25.75, ...
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AI Demand Continues to Benefit Software Plays
The AI story continues. While many big-cap names are at all-time highs, other and smaller players are starting to show better signs of strength. Investors can likely see better returns going into 2025 with smaller-cap AI stocks.
That’s especially true with software stocks. That’s because software companies tend to offer high profit margins. Once a piece of software is developed, the marginal cost of developing an additional copy is essentially zero.
Software companies seeing strong demand from AI software can continue to ...
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Insider Activity Report: Allegion (ALLE)
John Stone, President and CEO of
Allegion (ALLE), recently bought 7,500 shares. The buy increased his stake by 7%, and came to a total cost of $1,055,246. Stone was the most recent buyer with a 5,000 share pickup in July, totaling just under $675,000. Otherwise, three SVPs were sellers of shares over the past few months, following the exercise of stock options. Over the past two years, insiders have mostly been sellers of shares. Overall, Allegion insiders own 0.2% of shares. The manufacturer ...
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Allegion (ALLE), recently bought 7,500 shares. The buy increased his stake by 7%, and came to a total cost of $1,055,246. Stone was the most recent buyer with a 5,000 share pickup in July, totaling just under $675,000. Otherwise, three SVPs were sellers of shares over the past few months, following the exercise of stock options. Over the past two years, insiders have mostly been sellers of shares. Overall, Allegion insiders own 0.2% of shares. The manufacturer ...
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Unusual Options Activity: SentinelOne (S)
Cybersecurity firm
SentinelOne (S) is up 10% over the past year, and shares just dropped over 10% last week due to underwhelming guidance. One trader sees shares bouncing higher over the next few months. That’s based on the March 21, 2025 $31 calls. With 102 days until expiration, 6,265 contracts traded compared to a prior open interest of 172, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.00 to make the bullish bet. SentinelOne shares recently ...
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SentinelOne (S) is up 10% over the past year, and shares just dropped over 10% last week due to underwhelming guidance. One trader sees shares bouncing higher over the next few months. That’s based on the March 21, 2025 $31 calls. With 102 days until expiration, 6,265 contracts traded compared to a prior open interest of 172, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.00 to make the bullish bet. SentinelOne shares recently ...
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This Hardware Trend Shows the AI Play Isn’t Over Yet
While chip stocks have slowed down in recent months, companies continue to invest billions in AI initiatives. That’s seen with a demand in new power sources, plans to build out data centers, and other hardware necessary to operate today’s AI programs.
With focus moving away from the chipmakers, companies that offer other parts of the hardware ecosystem can still see growth in the years ahead. Particularly if they’re making breakthroughs that can further benefit the AI rollout.
One such computer hardware play ...
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