Unusual Options Activity: Apple (AAPL)

Tech giant Apple (AAPL) can’t seem to catch a break. The company hit an all-time high in September, then had a large pullback. It re-tested that high in late January and shares are pulling back yet again. But at least one trader sees shares moving higher in the near future. That’s based on the March 26th $141 calls. Over 4,075 of the contracts traded against a prior open interest of 216, a 19-fold rise in volume. The trade expires in 36 days ...
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Insider Trading Report: Everest RE Group (RE)

Meryl Hartzband, a director at Everest Re Group (RE), recently picked up 1,000 shares. The buy increased the stake by nearly 30 percent, and came to a total cost of $244,000. This marks the first insider buy at the company in nearly a year. Company insiders, notably the Chairman and President, have both been sellers of shares in the past year while directors have been more likely to buy. Reinsurance companies bundle up insurance policies written by other companies and swap ...
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Unusual Options Activity: Yamana Gold (AUY)

Gold prices have been lackluster lately, but some traders see a further potential move higher in the gold mining space. That’s based on the call option activity in Yamana Gold (AUY). The trade? The $4.50 calls expiring in March, just 30 days away. Over 3,600 contracts traded against a prior open interest of 140, for a 26-fold rise in volume. The trade is about $0.20 in-the-money already, given the current share price near $4.70. The trader paid about $0.43 for the option. Following ...
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Insider Trading Report: Capital Southwest Corp (CSWC)

David Brooks, a director at Capital Southwest Corp (CSWC), recently added 1,500 shares. The buy increased his holdings by just over 5 percent, and came to a total cost of just under $31,000. This marks the first insider buy in nearly a year, when the company CEO and CFO each picked up more than 20,000 shares near the market low. Overall, insiders have been buyers over the past three years, with no insider sales since that time. Overall, insiders own 7.7 ...
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A Rare Bear Market in a Top Tech Trend Makes for a Buy Now

There are many tech stories dominating the market today. From 5G to electric and autonomous vehicles, many of them have one thing in common. They require storing and processing large amounts of data. That’s why there’s also a tech trend known as big data. Like any other tech play, it will move in fits and starts, creating opportunities for traders to make some quick profits buying on a dip and selling on the market’s periodic over-optimism. A dip has arrived in Palantir ...
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Unusual Options Activity: Marvell Technology Group (MRVL)

Expecting the semiconductor industry to take a breather after its big run? Think again. At least one trader sees a massive move higher. The August $80 call options on Marvell Technology Group (MRVL) tell the story. Over 9,200 contracts traded from a prior open interest of 307, a 30-fold rise in volume on the trade. The trade, expiring in 185 days, will move in-the-money if shares rally another 48 percent from their current price near $44. The call buyer paid about $1.97 ...
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This Pick and Shovel Play Is the Clear Winner of the Tech Gold Rush

It’s almost a cliché at this point, but the winner in any gold rush is often the supplier of picks and shovels, and not someone or some company doing the actual gold mining. In the tech space today, with its intense competition and drive to improve products and lower prices, a few companies that supply entire industries are the biggest potential winners from today’s trends. With a footing in everything from semiconductors to consumer electronics to electric vehicles and other manufacturing, a ...
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Insider Trading Report: Molson Coors Beverage Co (TAP)

James Winnefeld, a director at Molson Coors Beverage Co (TAP), recently picked up 1,000 more shares. The buy increased his stake by over 15 percent, and came to a total cost of just under $45,000. Over the past three years, insiders have generally been sellers, led by members of both the Molson and Coors families. Only in the past six months have some insiders looked to pick up shares. Even with some moderate sales, company insiders still own over 11 percent ...
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