11261

Unusual Options Activity: Ford (F)

Shares of car manufacturing giant
Ford (F) have been doing well this year. One trader sees that trend continuing well into the next year. That’s based on the June 2022 $22 calls. The trade has 336 days left until expiration. Over 6,200 contracts traded against a prior open interest of 320, for a 19-fold rise in volume. Based on where shares last traded in the low $14 range, the stock price would need to surge over 54 percent to move in-the-money. The buyer ...
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11254

Global Trends Point to This Low-Cost App Giant

Pandemic restrictions are ending globally, which points to a potential revival, however slowly, of global travel. While some may be wary of international travel, others may be sick of staying at home or traveling domestically. Either way, those trends bode well for the larger travel and tourism industry. With business picking up, the fundamentals of many companies will likely improve, leading to higher share prices for those stocks. One big potential winner here is
Airbnb (ABNB). Many who resume traveling may want to ...
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11255

Insider Trading Report: Vista Gold Corp (VGZ)

Douglas Tobler, the CFO of
Vista Gold Corp (VGZ), recently bought 10,000 more shares. The buy increased his stake by over 12 percent, and came to a total purchase price of $11,000 exactly. He was joined by director Tracy Stevenson, who picked up 50,000 shares. That came to a total purchase price of $55,000, and increased the director’s stake by over 14 percent. Overall, insiders own 3.6 percent of company shares. Tobler has been an active buyer in recent months, with buys in ...
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11257

Unusual Options Activity: Photronics Inc (PLAB)

Shares of semiconductor company
Photronics Inc (PLAB) have been generally moving higher over the past few months, but with some volatile spikes in shares. One trader sees the potential for a further move higher. That’s based on the December $12.50 calls. With 155 days until expiration, over 4,273 contracts traded, a 36-fold rise in volume from the prior open interest of 117. The buyer of the calls paid $1.92 on average to make the trade. With shares near $13, the calls are slightly ...
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11244

This Return-to-Normal Trend Points to Further Big Profits

The entertainment industry has been hit hard thanks to the pandemic. While many areas are resuming in-person forms of entertainment once again, the best gauge for how the industry is faring is by looking at box office receipts. While movies have declined somewhat in the past few years thanks to video games and streaming, it’s starting to show signs of a return to a pre-pandemic life. Case in point?
The Walt Disney Company (DIS). The company just reported its latest release, Black Widow, ...
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11246

Insider Trading Report: TPG Pace Beneficial Finance Group (TPGY)

Light Street Capital, a major owner of
TPG Pace Beneficial Finance Group (TPGY), has added an additional 251,907 shares. The total cost to acquire those shares came to just under $3.3 million. This marks the first insider buy since last March, from a different fund manager that’s a major holder of shares. Overall, these two funds have been the only insiders to make any activity, and they’ve exclusively bought more shares. Overall, institutions own over 62 percent of shares. TPGY is a ...
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11248

Unusual Options Activity: The Trade Desk (TTD)

Shares of digital advertising firm
The Trade Desk (TTD) have started moving higher in recent weeks after dropping and bottoming out in early May. One trader sees the potential for shares to head higher from here. That’s based on the August $75 calls. Over 61,475 contracts traded against an open interest of 2,050, for a 30-fold rise in volume. The buyer of the calls paid about $7.50 to make the trade, which expires in 37 days. The buy was made as shares traded ...
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11233

Big Tech Has Unlocked the Secret to Staying Big— Or Even Getting Bigger

Historically, most companies focused on one product or service. That eventually saturates the market. Today’s tech companies, particularly software ones, are able to break that cycle with new products or better upgrades to existing software. Companies that also pivot to other opportunities can create big value for themselves and shareholders as well. That’s why so many of today’s big tech names have continued to increase in value, even as some of them have become multi-trillion-dollar companies. One up-and-comer for this club is
Oracle ...
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