Unusual Options Activity: Teladoc Health (TDOC)
Health services company Teladoc Health (TDOC) has declined nearly 70% in the past year. One trader sees shares trending significantly higher over the next 10 months. That’s based on the June 2025 $17.50 calls. With 302 days until expiration, 7,639 contracts traded compared to a prior open interest of 124, for a 62-fold rise in volume on the trade. The buyer of the calls paid $0.27 to make the massively bullish bet. Teladoc shares recently traded for about $7.20. Shares would need ...
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It’s Still Early in the Rush for AI Leadership
While AI stocks have had a great run since ChatGPT launched in late 2022, we’re still in the early stages of the technology. Many who have used AI programs aren’t using them consistently. The ability to benefit from AI tools is still in its early stages. That’s why the buildout of AI still looks attractive for investors over the long haul. It will take years to build AI programs that are more intuitive and easy to use. That also means that other ...
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Insider Activity Report: Comstock Resources (CRK)
Arkoma Drilling, a major holder of Comstock Resources (CRK), has been a sizeable buyer of shares. In five buys this month, the partnership has bought nearly 8 million shares. That’s increased the fund’s position by nearly 4% at a cost of over $81 million. Another major holder has also been a buyer of shares this month, with a $21 million buy for 2.47 million shares. Going further back, three company executives were buyers last year. Overall, Comstock insiders own 73.2% of ...
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Unusual Options Activity: Riot Blockchain (RIOT)
Shares of bitcoin miner Riot Blockchain (RIOT) are down 25% over the past year. One trader sees shares trending higher over the coming weeks. That’s based on the October $5 calls. With 58 days until expiration, 5,977 contracts traded compared to a prior open interest of 107, for a 56-fold rise in volume on the trade. The buyer of the calls paid $3.25 to make the bullish bet. Riot shares recently traded for about $8.00, making the options already about $3.00 in-the-money. Shares ...
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This Tech Trend Continues to Gain Traction
While the market has been focused on all technologies that start and end with AI, there are several trends within that space that have yet to reach their full potential. With so much focus on the growth of AI itself, some of the software plays in AI have been overlooked. One key area has been cybersecurity. 2024 is on track for the worst yet for ransomware attacks. And a massive data breach last week may have compromised billions of personal records. With ...
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Insider Activity Report: Yum Brands China (YUMC)
Joey Wat, CEO of Yum Brands China (YUMC), recently purchased 3,800 shares. The buy increased his position by 1%, and came to a total cost of $129,109. He was joined by the company CTO, who bought 4,000 shares a day later, paying $133,430, increasing her stake by 11%. And one of the company’s General Managers also bought 3,700 shares for $128,267. All three buys mark the only insider activity so far this year. Overall, Yum Brands China insiders own 0.3% of ...
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Unusual Options Activity: Ford Motor Company (F)
Automaker Ford Motor Company (F) has declined over 12% in the past year, amid a slowdown in consumer spending and high auto loan rates. One trader sees a further decline in the weeks ahead. That’s based on the October $10 puts. With 59 days until expiration, 12,407 contracts traded compared to a prior open interest of 237, for a 52-fold rise in volume on the trade. The buyer of the puts paid $0.28 to make the bearish bet. Ford shares recently traded ...
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One Simple Way to Play the Thawing Housing Market
The housing market has been effectively frozen for nearly two years. High interest rates created high mortgage rates. That deterred possible sellers from changing homes, given the high jump in interest rate costs. Now, with rates set to decline later in the year, the housing market could be set to open up. And lower rates could help all homeowners, but especially make it easy for first-time buyers to get into a starter home. That’s good news for companies like D.R. Horton (DHI) ...
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