Unusual Options Activity: Kohl’s Corporation (KSS)
Department store chain Kohl’s Corporation (KSS) is down nearly 30 percent over the past year. One trader sees shares declining further in the weeks ahead. That’s based on the November $17.50 puts. With 44 days until expiration, 10,126 contracts traded compared to a prior open interest of 138, for a 73-fold rise in volume on the trade. The buyer of the puts paid $0.45 to make the bearish bet. Kohl’s shares recently traded for about $20, so they would need to drop ...
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Invest In Companies Increasing Their Efficiency
The economy can grow in several ways. One of the key ways of growth is productivity growth. The rise of the internet in the 1990s led to a boom in productivity, as many office tasks moved onto computers and away from less efficient means. A new boom is underway today with the rise of AI technology and automation. These new tools can make a process more efficient, and reward companies with higher profit margins and better operational results. One form of automation ...
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Insider Activity Report: Simon Property Group (SPG)
Six directors bought at least $25,000 in shares of Simon Property Group (SPG) in late September, ranging from 239 to 580 shares, or a cost of $26,300 to $63,823. Each of the directors who bought added 1-2 percent to their total holdings. Company directors have also been direct buyers of shares at the end of the second and first quarters of the year. There have been no insider sales over the past two years. Overall, company insiders own 0.9 percent of ...
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Unusual Options Activity: Las Vegas Sands (LVS)
Casino operator Las Vegas Sands (LVS) is down about 30 percent from its April highs. One trader sees shares recovering from its recent selloff in the months ahead. That’s based on the December $45 calls. With 70 days until expiration, 28,279 contracts traded compared to a prior open interest of 641, for a 44-fold surge in volume on the trade. The buyer of the calls paid $3.02 to make the bullish bet. Shares recently traded just under $45, making this an ...
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Removing Legal Uncertainties Is Good for Business – and Shares
Investors don’t like it when a company has a legal problem hanging over it. That’s because the court system can take time, and considerable amounts of money, to fend off a legal battle. Resolving a legal issue can lead to a rally in the short-term, even if there are big costs involved. That’s because taking the uncertainty off the table is good for shares looking forward over the long term. Discover Financial Services (DFS) just reported that they had to address shortcomings ...
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Insider Activity Report: Dollar General (DG)
Carman Wenkoff, CIO at Dollar General (DG), recently bought 2,000 shares. The buy came to a total of $212,500, and increased his holdings by 7 percent. That marks the first insider transaction at the retailer since June, when a company director bought 8,500 shares, paying just over $1.3 million. Other company insiders were buyers in June as well. Going further bank, insiders were sellers in 2022 and 2021, almost exclusively after the exercise of stock options. Overall, company insiders own 0.5 ...
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Unusual Options Activity: The Charles Schwab Corporation (SCHW)
Brokerage firm The Charles Schwab Corporation (SCHW) has seen shares drop about 25 percent over the past year. One trader is betting on a long-term rebound. That’s based on the March 2024 $80 calls. With 163 days until expiration, 5,744 contracts traded compared to a prior open interest of 248, for a 23-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently traded for about $53.50, so shares would need to ...
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Time to Buy Great Companies at a Decent Price
When the market is selling off, investors will often go to cash first and then wait for the all-clear. That can result in missing out on the start of the next rally. An alternative strategy is to buy great companies once they reach a good price. It doesn’t have to be the best price, as an industry leader can recover from a market selloff and move higher over time. With the markets fearful of a government shutdown, defense stocks have been trending ...
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