Unusual Options Activity: Block Inc (SQ)
Shares of payments company
Block (SQ), formerly Square, have been in a major drop over the past few weeks. One trader sees the possibility of a rebound in the next few months. That’s based on the March $185 calls. With 87 days left on the trade, 10,250 calls traded compared to a prior open interest of 417, for a 25-fold rise in volume. The buyer of the calls paid $10.48 to make the trade. With shares last trading near $165, they would need ...
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Block (SQ), formerly Square, have been in a major drop over the past few weeks. One trader sees the possibility of a rebound in the next few months. That’s based on the March $185 calls. With 87 days left on the trade, 10,250 calls traded compared to a prior open interest of 417, for a 25-fold rise in volume. The buyer of the calls paid $10.48 to make the trade. With shares last trading near $165, they would need ...
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Short-Term Problems Create an Entry for This Long-Term Trend
The housing market is still looking bullish after its big move higher throughout the pandemic. While the rate of home sales and price increases may slow in the short run, a number of factors make this an attractive long-term market thanks to high demand and short supply.
With interest rates remaining low and wages rising, home affordability is also likely to improve, even with recent price increases. That makes housing a solid long-term speculation going into 2022.
However, short-term issues such as ...
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Insider Trading Report: Sunoco LP (SUN)
Matthew Ramsey, a director at
Sunoco LP (SUN) recently picked up 2,500 shares. The buy increased his holdings by just over 3 percent, and came to a total price just under $94,000. This follows up on a 2,500 share buy from another director just two weeks ago. Prior to that, insiders have been both buyers and sellers at the energy firm, with insider buys far outweighing sales by insiders over the past three years. Overall, insiders own 34.5 percent of shares. Shares of ...
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Sunoco LP (SUN) recently picked up 2,500 shares. The buy increased his holdings by just over 3 percent, and came to a total price just under $94,000. This follows up on a 2,500 share buy from another director just two weeks ago. Prior to that, insiders have been both buyers and sellers at the energy firm, with insider buys far outweighing sales by insiders over the past three years. Overall, insiders own 34.5 percent of shares. Shares of ...
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Unusual Options Activity: AT&T (T)
Shares of communications firm
AT&T (T) have been in a downtrend for most of the year. However, one trader sees the possibility for a short-term rebound in shares. That’s based on the January 28th $22 call options. With 42 days until expiration, 5,207 contracts traded against a prior open interest of 253, for a 21-fold rise in volume. The buyer of the calls paid $0.77 to make the trade. The company has shed 25 percent over the past year as management has ...
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AT&T (T) have been in a downtrend for most of the year. However, one trader sees the possibility for a short-term rebound in shares. That’s based on the January 28th $22 call options. With 42 days until expiration, 5,207 contracts traded against a prior open interest of 253, for a 21-fold rise in volume. The buyer of the calls paid $0.77 to make the trade. The company has shed 25 percent over the past year as management has ...
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This Turnaround Play Is Pulling Off Its Turnaround
Investors and traders alike are often interested in turnaround plays. A struggling company with a lagging stock price might announce major changes in the hopes of turning things around.
While many turnaround plays fail to turn around, a company that is able to do so will give investors a chance for market-beating returns once it’s clear such a move is possible. It’s more likely to be successful with a company that has a strong market position that is starting to show ...
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Insider Trading Report: American Outdoor Brands (AOUT)
Brian Murphy, CEO of
American Outdoor Brands (AOUT), recently bought 2,718 shares. The buy increased his holdings by nearly 3 percent, and came to a total purchase price of just under $50,000. He was joined by three directors who bought on the same day. One bought 1,000 shares, another bought 5,500 shares, and one bought 5,000. And the company CFO bought 2,500 shares at the same day at around the same price. These mark the first insider buys in 3 months, when the ...
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American Outdoor Brands (AOUT), recently bought 2,718 shares. The buy increased his holdings by nearly 3 percent, and came to a total purchase price of just under $50,000. He was joined by three directors who bought on the same day. One bought 1,000 shares, another bought 5,500 shares, and one bought 5,000. And the company CFO bought 2,500 shares at the same day at around the same price. These mark the first insider buys in 3 months, when the ...
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Unusual Options Activity: Sunnova Energy International (NOVA)
Shares of solar company
Sunnova Energy International (NOVA) are down over 50 percent from their recent peak. However, one trader sees the possibility for a strong rebound in the coming months. That’s based on the April $35 calls. With 118 days until expiration, over 15,000 contracts traded hands, a 90-fold surge in volume from the prior open interest of 155. The buyer of the calls paid $2.63 to make the trade. The Houston-based solar company saw shares surge to a high of ...
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Sunnova Energy International (NOVA) are down over 50 percent from their recent peak. However, one trader sees the possibility for a strong rebound in the coming months. That’s based on the April $35 calls. With 118 days until expiration, over 15,000 contracts traded hands, a 90-fold surge in volume from the prior open interest of 155. The buyer of the calls paid $2.63 to make the trade. The Houston-based solar company saw shares surge to a high of ...
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This Dividend Growth & Buyback Stock Play Could Avoid the Latest Market Fears
Investing in dividend stocks tends to put one in the mindset of an investor, not a trader. That’s true when looking at the narrower world of dividend growth stocks. But such companies can offer great returns, thanks to those dividends as well as a rising price over time.
It’s also helpful when a company has a buyback program in place, reducing the total shares outstanding. The combination of those factors can lead to great returns for patient investors.
One such dividend growth ...
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