14069

Unusual Options Activity: Barrick Gold Corporation (GOLD)

Gold mining operator Barrick Gold Corporation (GOLD) has seen shares slide by just over one-third in the past year. One trader is betting on a rebound in shares over the coming months. That’s based on the September $21 calls. With 190 days until expiration, 9,668 contracts traded compared to a prior open interest of 375, for a 26-fold rise in volume on the trade. The buyer of the calls paid $0.30 to make the bullish bet. Shares recently traded just under $16, ...
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14058

This Slow-and-Steady Sector Can Win the Investment Race

Some industries are cyclical, with big booms and busts. Other industries tend to be steadier. Which wins out over time? It depends on whether you get in at a good price – or wait to jump in once a trade idea has already gotten hot. Investors can trade while also using bear markets to build up positions in steady players. This helps take advantage of the market’s long-term returns, without being beholden to short-term trades succeeding 100 percent of the time. One ...
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14060

Insider Trading Report: Domino’s Pizza (DPZ)

Russell Weiner, CEO at Domino’s Pizza (DPZ), recently bought 3,333 shares. The buy increased his holdings by 13 percent, and came to a total price just over $1.01 million. This marks the first insider buy at the company in over two years. The past few years have seen both company directors and executives sell shares on a regular and steady basis, with only a handful of those sales coming from the exercise of stock options. Overall, company insiders own 0.6 percent ...
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14062

Unusual Options Activity: Spirit Airlines (SAVE)

Airliner Spirit Airlines (SAVE) dropped nearly 9 percent on Monday on a report that its potential acquisition would likely face an antitrust lawsuit from the Department of Justice. One trader sees a further decline for shares ahead. That’s based on the April $17.50 puts. With 44 days until expiration, 22,833 contracts traded compared to a prior interest of 330, for a 69-fold rise in volume on the trade. The buyer of the puts paid $2.01 to make the bearish bet. Shares Read More About This
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14052

Follow Real Operational Growth for Big Profits, Not Just a Fast-Moving Stock

While a share of stock is a fraction of a company, its valuation can vary wildly. Intense fear or greed can lead to big swings in valuation, often quickly. Over time, however, growing earnings and revenue tend to be a reliable indicator of a company’s performance. But if you combine a company with improving operational results that’s also seeing interest in its shares exploding higher, you may be on track to profit from a big trend. That’s how investors feel about C3.ai ...
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14054

Insider Trading Report: NextEra Energy (NEE)

Kirk Hachigain, a director at NextEra Energy (NEE), recently added 10,000 shares. The buy increased his holdings by 25 percent, and came to a total cost of $700,000. Insiders have been notable buyers of shares so far this year, with 8 total buys. That includes both company executives, including the CFO, as well as directors. The last sale occurred from an option exercise back in December. Even with the recent buys, company insiders own just 0.2 percent of shares. NextEra has performed ...
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14056

Unusual Options Activity: Apple (AAPL)

Consumer tech giant Apple (AAPL) dropped about in-line with the overall stock market last year. Shares look ready to move higher, however, and one trader is betting on a sizeable move in the coming weeks. That’s based on the April 14 $160 calls. With 37 days until expiration, 3,871 contracts traded compared to a prior open interest of 110, for a 35-fold rise in volume on the trade. The buyer of the calls paid $1.89 to make the bullish bet. Apple shares ...
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14042

Companies Growing Service Revenues Now Will Reward Investors Later

The economy continues to send mixed signals. By most conventional measures, things have slowed considerably. That’s seen in everything from housing to the job market. But things were also running red hot before, so the full picture still looks strong. At the corporate level, companies are largely cutting back. But in some areas, they’re continuing to invest now. One space where that’s happening is in IT spending. That’s a boon for companies that cater to that need. Companies that provide IT services ...
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