Unusual Options Activity: Deutsche Bank (DB)
Major international money center bank Deutsche Bank (DB) has been under pressure, and shares are down 20 percent over the past year. One trader sees further weakness in the coming months. That’s based on the May $8 puts. With 53 days until expiration, 13,388 contracts traded compared to a prior open interest of 369, for a 36-fold rise in volume on the trade. The buyer of the puts paid $0.80 to make the bearish bet. Deutsche Bank shares recently went for about ...
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Invest With Companies Whose Executives Take Ownership
With all the ups and downs of the stock market, it’s sometimes easy to forget that a stock is an ownership stake in a company. And that shareholders, not company management, are the owners. Some company management teams may use that to their advantage, by awarding themselves substantial amounts of stock options, which then dilute existing shareholders. However, other companies may encourage executives to buy shares outright, and take an ownership stake in the company that’s also paying them a salary. That’s ...
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Insider Trading Report: Liberty Media Corp (LSXMA)
Gregory Maffei, President and CEO at Liberty Media Corp (LSXMA), recently bought 50,000 shares. The buy increased his holdings by 1 percent, and came to a total cost just over $1.33 million. The buy was offset by the CEO’s sale of shares that went through option exercise. Year-to-date, company insiders have mostly been sellers of shares, but last year saw a more even mix of buyers and sellers. Overall, company insiders own 3.9 percent of shares. The media conglomerate is down about ...
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Unusual Options Activity: Enerplus Corporation (ERF)
Oil and gas exploration company Enerplus Corporation (ERF) has slid in recent weeks as oil prices have trended lower. One trader sees a further decline in the weeks ahead. That’s based on the April $14 puts. With 28 days until expiration, 2,723 contracts traded compared to a prior open interest of 113, for a 24-fold rise in volume on the trade. The buyer of the puts paid $0.58 to make the bearish bet. Shares recently traded for about $14.15, so the stock ...
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This Tech Leader Could Make New Highs, Even in a Slowing Economy
Typically, growth stocks are a tough investment when economic growth has become slow and uncertain. The lofty valuations and predictions that look attractive in a bull market don’t look as good when the economy is likely to contract. However, some growth companies are able to position themselves for winning trends, even in a slowing economy. And those that can deliver could be the first stocks to make new all-time highs when things look rosy again. Right now, one bright spot in the ...
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Insider Trading Report: Sitio Royalties Corp (STR)
Christopher Conoscenti, CEO at Sitio Royalties Corp (STR), recently bought 2,500 shares. The buy increased his stake by 1 percent, and came to a total cost of $50,475. The buy came a few days after the CEO made a 10,000 share buy, which came to a cost just over $221,000. Those two buys have been the only insider filings since the oil and gas royalty company went public. Overall, company insiders own 2.2 percent of shares. The royalty company is down about ...
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Unusual Options Activity: Snap Inc (SNAP)
Social media company Snap Inc (SNAP) has seen shares drop 70 percent in the past year. One trader is betting that shares have further to fall in the next six months. That’s based on the September $6 puts. With 176 days until expiration, 11,418 contracts traded compared to a prior open interest of 246, for a 46-fold rise in volume on the trade. The buyer of the puts paid $0.27 to make the bearish bet. Shares recently went for about $11.50, so ...
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Keep Buying Strong Brands in Uncertain Times
While the next market-moving news may not be positive, over time, investing in the stock market is more rewarding than betting against it. And with so many companies knocked down last year and into the current banking fears, investors who start buying shares of companies with strong brands could see big profits ahead. Best of all, brands can include a variety of industries. And chances are that brand is a household name, which brings familiarity in uncertain times. One of the world’s ...
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