12115

Unusual Options Activity: Zillow Group (Z)

Shares of real estate analytics company
Zillow Group (Z) are down nearly 53 percent in the past year, thanks to the company’s decision to try and buy and flip homes in a number of markets. One trader sees the selloff as over. That’s based on the June $75 calls. With 164 days until expiration, 5,000 contracts traded compared to an open interest of 310, for a 16-fold rise in volume. The buyer of the calls paid $4.48 to make the trade. Shares Read More About This
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12103

This Retail Dominator Will Continue to Lead In 2022

Retail stocks tend to get a bad rap. It’s easy to see why. Profit margins tend to be low, growth can be slow, and supply chain issues over the past year have led to one shortage after another. But some companies have a great reputation, a moderate profit margin, and are able to consistently raise their income year over year. Any retailer that can do so indefinitely is a great one to own for the long haul. In this space, the champion ...
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12105

Insider Trading Report: Enterprise Products Partners LP (EPD)

Carin Barth, a director at
Enterprise Products Partners LP (EPD), recently picked up 5,000 shares. The buy increased the director’s stake by just over 8 percent, and came to a total cost of $108,000. This adds to a number of insider buys throughout the year, including a director buy last month and two buys from the company Co-CEO back in September. Over the past three years, insiders have only been buyers, with no insider sales. Currently, insiders own 32.5 percent of company ...
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12107

Unusual Options Activity: Peloton Interactive (PTON)

Shares of exercise technology company
Peloton Interactive (PTON) have shed over 75 percent of their value in the past year. with expectations for shares low, one trader is betting that the selloff is largely over. That’s based on the January 2024 $35 calls. With 749 days until expiration, over 2,769 contracts traded compared to an open interest of 123, for a 23-fold rise in volume. The buyer of the calls paid $14.70 to make the trade. Shares are currently right around $35, ...
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12097

This Slow Mover In 2021 Is Picking Up the Profit Margins For 2022

While the stock market as a whole had a great year, a number of great companies didn’t go along for the ride. That may be due to reasons specific to a company, or simply because some great companies outperformed in 2020 and were simply taking a pause before moving higher. Investors can still profit from the growth of companies, even large ones, particularly if they’re working to increase profit margins and find new growth opportunities in the coming year. One such play ...
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12099

Insider Trading Report: The First Bancorp (FNLC)

Kimberly Swan, a director at
The First Bancorp (FNLC), recently picked up 5,000 shares. The buy increased her stake by 249 percent, and came to a total price of just under $151,000. This is the director’s second buy of the year, following a 350 share pickup back in July. Those mark the only two insider buys of 2021. Over the past three years, insiders have been both buyers and sellers, although buyers have far outweighed sales from company insiders, including both directors ...
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12100

Unusual Options Activity: Diamondback Energy (FANG)

Shares of energy exploration and development company
Diamondback Energy (FANG) are up 125 percent over the past year on a strong energy market. One trader sees the potential for a move even higher. That’s based on the June $120 calls. With 168 days until expiration, 3,663 contracts traded against a prior open interest of 102, for a 36-fold rise in volume. The buyer of the calls paid $10.65 to make the trade. While shares have moved higher in the past year, the company ...
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12090

This Billion-Dollar Trend Points to Multiple Ways to Profit in the New Year

The economy continues to move back to a pre-pandemic normal. That includes rising travel levels, as well as an increased number of in-person venues. One area starting to show strength at last: Cinema attendance. That’s thanks in part to Spider-Man: No Way Home, which crossed $1 billion in box office sales on Christmas. While another blockbuster film may take time to reach that box-office prowess, the strength of this film is enough to show that theaters can return to pre-pandemic levels ...
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