14408

Unusual Options Activity: General Motors (GM)

Automaker General Motors (GM) is down about 7 percent over the past year, and shares appear to be at the low end of a trading range before the stock pops higher. One trader is betting on such a rally in the coming months. That’s based on the August $42 calls. With 84 days until expiration, 9,011 contracts traded compared to a prior open interest of 150, for a 60-fold rise in volume. The buyer paid $0.15 to make the trade. Shares recently ...
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14395

Play the Renewed ‘Made in America’ Trend

Many companies were caught during the pandemic as borders shut down. Without reliable just-in-time delivery systems operating, they’ve been working to diversify their manufacturing operations. For higher-level goods such as semiconductors, this means reversing a multi-decade trend to once again make goods in America. Signs of this trend have just started to pop up, and they’ll likely increase in the years ahead. While there may be higher labor costs to manufacture stateside, most businesses see the development as a positive one. For ...
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14398

Insider Trading Report: H&R Block (HRB)

Richard Johnson, a director at H&R Block (HRB), recently picked up 10,000 shares. The buy increased his stake by 17 percent, and came to a total cost just over $395,000. The buy came about a week after a different director picked up 500 shares, paying just over $16,000. Company insiders were largely sellers of shares in 2022, when the share price was closer to the $50 range rather than the $30 range today. Overall, company insiders own about 0.9 percent of ...
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14400

Unusual Options Activity: Palantir Technologies (PLTR)

Shares of big data analysis company Palantir Technologies (PLTR) have soared over 50 percent in the past month. One trader is betting that shares will give up some of that gain in the coming weeks. That’s based on the June 16th $12.50 puts. With 21 days until expiration, 3,924 contracts traded compared to a prior open interest of 122, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.77 to make the bearish bet. Palantir last ...
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14388

Back Companies Making Big Investments Now

It’s easy to say that there’s a lot of market uncertainty right now. But no matter what happens, there will always be uncertainty. And investors who wait for a clearer picture on how things develop don’t get great prices when buying assets. That’s why value investors start to buy during market panics, even if it’s not near the bottom. Today, investors can find companies that are making big investments now, even amid all the uncertainties facing markets today. While the economy looks ...
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14390

Insider Trading Report: Saul Centers Inc (BFS)

Francis Saul, CEO and major holder at Saul Centers Inc (BFS), recently added 750 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $26,384. The buy came less than two weeks after the CEO bought 10,000 shares, at a cost just under $334,000. And the company President and COO also picked up 3,500 shares at a cost of $115,500 earlier this month. Overall, company insiders own 46.2 percent of shares. The mixed-use retail-oriented ...
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14393

Unusual Options Activity: Las Vegas Sands (LVS)

Casino operator Las Vegas Sands (LVS) has had a great year, with shares up over 80 percent. One trader is betting the good times will continue to roll. That’s based on the September $45 calls. With 114 days until expiration, 76,065 contracts traded compared to a prior open interest of 363, for a staggering 210-fold rise in volume on the trade. The buyer of the calls paid $16.15. Shares recently traded for just under $60, meaning the options are about $15 in-the-money, ...
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14382

Controversy Can Lead to a Selloff – The Question Is Whether or Not It Lasts

Sometimes a company makes a misstep that can cost it customers in the short term. Other times, a misstep can be more permanent in nature. The question is how each specific opportunity plays out. Since each situation is different, it helps to look at the strength of the market reaction. And how competitors are faring as well. If a company faces trouble in a bear market, it may get overlooked. But it may also shine a favorable light on a competitor. Recently, ...
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