8110

This Company’s Insiders Have Bought More Shares Than Any Other Company in March

  American Homes 4 Rent (AMH) is an Agoura Hills, CA residential REIT that is the leader in the single-family home rental industry. They acquire, develop, renovate, lease and operate single-family homes as rental properties. AMH announced their earnings on February 27, 2020. The initial reaction was to move lower but finished higher on the session and then retested it’s prior high near $30 within a few days. The price has retreated slightly from its high and looks poised to retest it ...
Read More About This
|
8012

Two Safe-Haven Plays from Market Fears

1 2

These companies should be able to hold their own and even thrive.
The market has flipped from greed to fear as concerns over the coronavirus outbreak spreads. In the span of a week, stocks sold off over 10 percent. That’s only the sixth time since the financial crisis that a drop has been that steep. There could still be some downside, but a combination of solid growth plays and pre-coronavirus laggard companies could do well for investors here. That’s because, in time, fears will ...
Read More About This
|

Unusual Options Activity: Qualcomm (QCOM)

The April $75 calls on
Qualcomm (QCOM) saw a 17-fold rise in volume, going from 253 open contracts to having over 4,350 trade hands. The bet, expiring in 46 days, is already about $2.30 in the money given the recent share price of $77.30. The trader buying the shares paid about $5.90 per contract. For the option to profit at expiration, shares would need to be back over $81. Even with the recent market rout, shares of Qualcomm are still up about ...
Read More About This
|

Unusual Options Activity: Micron (MU)

$35 call options with an April expiration on
Micron Technology (MU) recently saw a 40-fold rise in volume. The option went from 101 open contracts to over 3,900. The bet, expiring in 49 days is unusual in that this trade made a deep in-the-money bet. With shares around $54, the option is about $19 in-the-money, and should move dollar-for-dollar with shares. The trader also paid about $19 to get into the trade, so there’s nearly no time premium. Semiconductor names have been hit hard ...
Read More About This
|
7999

Unusual Options Activity: The Walt Disney Company (DIS)

Trader bets on bounce in shares next month. Over 1,050 contracts traded on the March $136 call options on The Walt Disney Company (DIS). This is an eight-fold rise from the prior open interest of 135 contracts. The option, expiring in 22 days, is a play on shares moving $5 higher from around $130 right now. That’s about a 5 percent jump. Shares have sold off heavily recently as coronavirus fears are likely to impact tourism and travel, in turn lowering revenues at ...
Read More About This
|
7996

Two Beaten-Down Blue Chips to Buy Now

1 2Traders should take advantage of market fears to buy these names on sale. We’re firm believers that investing is most successful when it’s most businesslike. One way to do that is to find companies that are attractively valued, and then buy them when they’re on sale. It’s a lot like buying groceries and taking advantage of the occasional offer that allows you to stretch your dollars further. Of course, in the real world, it’s tough. Our emotions come into play. But we need ...
Read More About This
|
7997

Insider Activity Report: Sally Beauty Holdings (SBH)

President & CEO adds to stake.Christian Brickman, President and CEO at Sally Beauty Holdings (SBH), recently bought 7,650 shares. The buy cost just under $95,000, and increased his shares by 1.8 percent. This marks the second insider buy at the company this year, following a director buy of 9,000 shares earlier in the month. Insider activity at the company over the past three years shows large numbers of insider buys on a regular ...
Read More About This
|
7993

Unusual Options Activity: United Parcel Service (UPS)

Trader bets on further decline on coronavirus pandemic.  With the global economy set to slow thanks to the coronavirus, traders are hedging their bets. One is betting that United Parcel Service (UPS) will continued to decline from here. That’s based on the 15-fold rise in volume on the April $97.50 put options. From 320 open contracts, over 4,900 recently traded hands. The bet expires in 51 days. It is less than one dollar out-of-the-money thanks to the current share price just ...
Read More About This
|