Unusual Option Activity – General Electric Company (GE)

Data Source: Barchart

On Tuesday some institution/fund purchased 12,002 contracts of Jan 2023 $110 strike calls (or the right to buy 1,200,200 shares of General Electric Company (GE) at $35). The open interest was just 1768 prior to this purchase.

Continue reading “Unusual Option Activity – General Electric Company (GE)”

Be in the know. 23 key reads for Wednesday…

  1. Boeing’s China 737 Max completions centre ready for delivery restart (flightglobal)
  2. FOMC Minutes Eyed for Clues on Half-Point Hike, Runoff Plans (bloomberg)
  3. Buy China Stocks, Debt in ‘Dawn of Alpha,’ JPMorgan’s Santos Says (bloomberg)
  4. Top 15 hedge fund managers raked in $15.8 billion last year (nypost)
  5. Alibaba, Sands China lead gains on China easing bets (scmp)
  6. Carl Icahn Won’t Stop Till He Gets What He Wants (bloomberg)
  7. Hotel Earnings Strong As Travel Headwinds Fade (investors)
  8. ViacomCBS Is Changing Its Name, Gaining Subscribers (barrons)
  9. State Street strategist says markets have got carried away on interest rate-hike expectations (marketwatch)
  10. ‘Facebookers’ to ‘Metamates.’ Mark Zuckerberg’s New Values Haven’t Budged the Stock. (barrons)
  11. Publicly Traded Companies Are Vanishing. Does Private Equity Have an Edge? (barrons)
  12. Why Now Is the Time to Dive Into Tech Stocks (barrons)
  13. Meta Stock Has Never Been Cheaper. Is It Time to Buy the Former Facebook? (barrons)
  14. Kraft Heinz Stock Edges Up. Sales, Earnings Beat Forecasts. (barrons)
  15. S. Retail Sales Rise Most in 10 Months in Broad-Based Rebound (bloomberg)
  16. ‘Reacher’ TV Review: Believable Brawn (wsj)
  17. S. Factory Output Rises as Firms Navigate Supply Constraints (bloomberg)
  18. China adds more companies to an industry body designed to develop the country’s metaverse (cnbc)
  19. ‘Bad news is already priced in’: an investment chief for BNY Mellon breaks down why he’s expecting stocks to bounce back by 8 to 10% this year despite recent volatility – and shares 3 investing strategies to excel in the current mid-cycle bull market (businessinsider)
  20. The bull market in stocks is ‘far from over’ and potential conflict between Russia and Ukraine could spark dovish reassessment by central banks, JPMorgan says (businessinsider)
  21. A value-focused portfolio manager shares 6 stocks to buy despite rising geopolitical risk — and explains why the Federal Reserve hasn’t yet made a policy error (businessinsider)
  22. News in-depth. Citi’s Jane Fraser ditches ambition to break into Wall Street’s big league (ft)
  23. Angry Oil. The Energy Report 02/16/2022 (Phil Flynn)

Unusual Option Activity – The Kraft Heinz Company (KHC)

Data Source: Barchart

On Tuesday some institution/fund purchased 2012 contracts of Jan 2024 $35 strike calls (or the right to buy 201,200 shares of The Kraft Heinz Company (KHC) at $35). The open interest was just 286 prior to this purchase.

Continue reading “Unusual Option Activity – The Kraft Heinz Company (KHC)”

Be in the know. 27 key reads for Tuesday…

  1. Ray Dalio’s Bridgewater boosts its bets on China (marketwatch)
  2. The bull market in stocks is ‘far from over’ and potential conflict between Russia and Ukraine could spark dovish reassessment by central banks, JPMorgan says (businessinsider)
  3. Central Bank Should Weigh Asset Sales to Curb Inflation, Says Fed Official (wsj)
  4. PBOC Pumps in More Liquidity, Spurring Gains in Chinese Stocks (bloomberg)
  5. Stocks Jump Amid Report Some Russian Troops Are Leaving Ukraine Border (barrons)
  6. Intel Agrees to Buy Tower Semiconductor in $5.4 Billion Deal (barrons)
  7. Buy these 11 tech stocks that now look cheap after last month’s growth sell-off, according to Morningstar (businessinsider)
  8. Stock-ban ble$$ing Warren bill would give DC pols own tax break (nypost)
  9. This Is What Hedge Funds Bought And Sold In Q4: Complete 13F Summary (zerohedge)
  10. Meta Stock Is Cheap. The Pros and Cons of Buying the Dip. (barrons)
  11. There is still no alternative to the stock market as equity yields trump bonds even as interest rates spike, Tom Lee says (businessinsider)
  12. PayPal Stock Lost 2 Years of Gains. CEO Dan Schulman Bought Up Shares. (barrons)
  13. Virgin Galactic Opens Reservations for Space. The Stock Surges. (barrons)
  14. Pull Back. The Energy Report 02/15/2022 (Phil Flynn)
  15. Hedge Funds Are Starting to Win Over Allocators Once Again (institutionalinvestor)
  16. Housing Isn’t a Bubble, Offices Aren’t Dead, and Malls Can Thrive, This Real Estate Investor Says (barrons)
  17. This is what it will take to drive the S&P 500 beyond 5,000 this year, say global fund managers (marketwatch)
  18. Emerging markets: all risk and few rewards? (ft)
  19. Shale King Harold Hamm Is Passing Billions to His Heirs Tax-Free (yahoo)
  20. 10 tech value stocks that at least 75% of analysts rate as a ‘buy’ right now (marketwatch)
  21. Viral Anti-Xi Article Reveals CCP Infighting That May Derail Xi’s Bid For 3rd Term, Analysts Say (zerohedge)
  22. Hong Kong Tries to End Covid Without Nightmare-Scenario Lockdown (bloomberg)
  23. Wholesale prices rise 1% in January, up near-record 9.7% over the past year (cnbc)
  24. ‘Big Short’ investor Michael Burry discloses new bets on Bristol-Myers Squibb and General Dynamics — and reveals he sold CVS Health and Lockheed Martin (businessinsider)
  25. New York Factory Gauge Improves Slightly, Price Gauge at Record (bloomberg)
  26. Goldman Sees a Big Change Coming to the Bond Market (bloomberg)
  27. Carl Icahn Won’t Stop Till He Gets What He Wants (bloomberg)