Unusual Options Activity – Itaú Unibanco Holding S.A. (ITUB)

Data Source: barchart

Today some institution/fund purchased 31,102 contracts of Sept. $6 strike calls (or the right to buy 3,110,200 shares of Itaú Unibanco Holding S.A. (ITUB) at $6).   The open interest was just 259 prior to this purchase. Continue reading “Unusual Options Activity – Itaú Unibanco Holding S.A. (ITUB)”

Be in the know. 10 key reads for Friday…

  1. Regeneron Earnings Easily Beat; REGN Stock Rises (Investor’s Business Daily)
  2. Johnson & Johnson Seeks Emergency Authorization for Covid Vaccine (Barron’s)
  3. Nokia Stock Falls After Earnings. Look Out for ‘Atypical Volatility.’ (Barron’s)
  4. What the Super Bowl Means for Stocks (Barron’s)
  5. Gilead Says Covid Treatment Remdesivir Is Needed for Another Year (Barron’s)
  6. Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels (MarketWatch)
  7. Biden Signals Break With Trump Foreign Policy in a Wide-Ranging State Dept. Speech (New York Times)
  8. Quest for Hollywood Fame Splits Redditors at Heart of Market Frenzy (New York Times)
  9. U.S. Payrolls Miss Estimates After Bigger December Decrease (Bloomberg)
  10. White House Adviser Says Jobs Report Underscores Need for Aid (Bloomberg)

Be in the know. 17 key reads for Thursday…

  1. IAC Is Paring Down to Trade Up (Wall Street Journal)
  2. GameStop Rally Highlights Buyback Risk. Exhibit A: Bed Bath & Beyond. (Wall Street Journal)
  3. Democrats push ahead on COVID-19 relief, Biden flexible on who gets checks (Reuters)
  4. Shell defies earnings plunge with raised dividend (Financial Times)
  5. Nokia Reports Q4 Earnings Beat (Benzinga)
  6. Apple and Hyundai-Kia pushing toward deal on Apple Car (CNBC)
  7. Klobuchar unveils sweeping antitrust bill, laying out her vision as new subcommittee chair (CNBC)
  8. These S&P 500 stocks have had the biggest increases in ‘buy’ ratings so far this year (MarketWatch)
  9. S&P 500 earnings recession set to end, as Q4 EPS swings to growth (MarketWatch)
  10. Opinion: Like Rockefeller and Gates, Bezos rides off into the sunset just as the lawyers take away the fun (MarketWatch)
  11. A Hollywood Blitz of New Movies Ahead of the Oscars Deadline (Wall Street Journal)
  12. ‘Supercars’ Review: Powerful Playthings (Wall Street Journal)
  13. Activist Investor Targets French Food Group Danone (Barron’s)
  14. How the 1920 Pandemic Changed the Course of Dodge and the Auto Industry (Barron’s)
  15. The EV Industry Has Giant Goals. How It All Stacks Up. (Barron’s)
  16. Washington Is Still Coming for Big Tech (Barron’s)
  17. Don’t breathe easy just yet: there’s more volatility ahead (MarketWatch)