11809

Unusual Options Activity: Ford Motors (F)

Shares of automaker
Ford Motors (F) have more than doubled in the past year. One trader sees shares heading even higher in the months ahead. That’s based on the March $28 calls. With 136 days until expiration, over 12,695 contracts traded against a prior open interest of 137, for a 93-fold jump in volume. The buyer of the calls paid $0.14 to make the trade. With shares trading around $17, they’d need to surge another 64 percent for the option to move in-the-money ...
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11799

This Retailer’s Business Model Isn’t Feeling the Sting of Supply Shortages

A number of companies have been warning this earnings season about potential supply chain shortages. While many retailers may see some partially bare shelves, those that have embraced a different business model are faring just fine. One such company is
Overstock (OSTK). The company is an online-retailer. Its business model involves acquiring and selling inventory that other retailers have already tried to sell, although today it also carries new items. While many were expecting retail to struggle, the company’s most recent financials show ...
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11801

Insider Trading Report: Bank of the James Financial Corp (BOTJ)

Julie Doyle, a director at
Bank of the James Corp (BOTJ) recently picked up 1,000 shares. The buy increased her stake by over 8 percent, and came to a total purchase price of $16,000. A number of other directors and a company Treasurer also bought shares, albeit in the few hundred share range. Over the past three years, insiders have been exclusively buyers of shares on a regular basis. Overall, company insiders own just over 13 percent of the regional bank. Shares of ...
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11802

Unusual Options Activity: Live Nation Entertainment (LYV)

Shares of event sales company
Live Nation Entertainment (LYV) have been trending higher in the past year. One trader sees the potential for a move higher from here. That’s based on the April $105 calls. With 164 days until expiration, over 5,498 contracts traded against a prior open interest of 153, for a 36-fold rise in volume. The buyer of the calls paid $8.95 for the trade. With shares right around $100, they’d only need to rally about 5 percent to hit the ...
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11792

The Pandemic Permanently Thinned the Ranks of This Rare Type of Stock

Studies have shown that as much as half of an investor’s total return over a lifetime can come from receiving and reinvesting dividends. Combined with the timing of a trader, investors who buy into out-of-favor income stocks can lock in relatively high yields and see further capital gains. The pandemic caused a number of companies to reduce or even cut dividends entirely. Some have brought them back, some haven’t. The overall result? A fewer number of companies defined as dividend aristocrats. Investors ...
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11795

Insider Trading Report: Paramount Gold Nevada Corp (PZG)

Christopher Reynolds, a director at
Paramount Gold Nevada Corp (PZG), recently picked up 4,600 shares. The buy increased his stake by nearly 15 percent, and came to a total price of just under $4,000. This marks the second insider buy this month, following a 2,000 share buy from another director back on October 1. Insiders have been buyers going further back over the past three years, with no insider sales. Overall, company insiders own 19.5 percent of shares. The gold exploration company has ...
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11796

Unusual Options Activity: Pinterest (PINS)

Shares of social media firm
Pinterest (PINS) saw some volatility last week. The stock soared on a potential takeover rumor, only to drop a bit when the potential for a deal passed. One trader sees further upside to shares in the month ahead. That’s based on the November 19 $48 calls. With 21 days until expiration, 4,016 contracts traded against a prior open interest of 124, for a 32-fold rise in volume. The buyer of the calls paid $2.01. Shares have been in ...
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11786

Amid a Shortage for Tech Parts, This One Niche Continues to Thrive

While the semiconductor chip shortage appears likely to continue well into next year, a number of tech plays are still able to avoid the challenge presented by that shortage. One particularly strong tech niche is one that has exploded during the pandemic era, specifically that of cloud services. As the world has continued to work remotely, companies playing to the cloud trend have done exceptionally well. There’s no better case study for this trend than
Microsoft (MSFT). The tech giant saw its cloud-software ...
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