Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)

Data Source: barchart

Today some institution/fund purchased 2,764 contracts of June $14 strike calls (or the right to buy 276,400 shares of Teva Pharmaceutical Industries Limited (TEVA) at $14). The open interest was just 1,002 prior to this purchase. Continue reading “Unusual Options Activity – Teva Pharmaceutical Industries Limited (TEVA)”

Be in the know. 30 key reads for Wednesday…

  1. Wells Fargo says banks are the best economy comeback trade, tells clients to get ‘aggressive’ (CNBC)
  2. Goldman Sachs has just boosted its S&P 500 target. Here’s why (MarketWatch)
  3. Why Vince Vaughn Tried to Avoid Sequels Until Wedding Crashers 2 (MovieWeb)
  4. 12 Beaten-Up Stocks That Won’t Blow You Up (Barron’s)
  5. What’s in Store for Stocks, Stimulus, Trade, and Other Issues During a Biden Presidency (Barron’s)
  6. The Small-Cap Rally is Just Getting Started (Barron’s)
  7. FDA Authorizes Eli Lilly’s Covid Antibody Drug (Barron’s)
  8. Oil Prices Continue Their Rally. And Market Watchers Think There’s Room to Run. (Barron’s)
  9. The Stock Market Gained 10% Over Just 6 Days. Here’s What History Says Happens Next. (Barron’s)
  10. Pfizer’s News Ignited the Markets. How to Invest for a Post-Vaccine World. (Barron’s)
  11. Oil Prices Continue Their Rally. And Market Watchers Think There’s Room to Run. (Barron’s)
  12. Bank Stocks Still Have Room to Run Even With Challenges, Analyst Says (Barron’s)
  13. Lyft’s Revenues Top Estimates. It Still Expects a Profit in ‘21. (Barron’s)
  14. The Future Is Now for Industrials, as Renewable Power, Connectivity and Automation Converge (Barron’s)
  15. Alibaba Shatters Singles Day Sales Record At $56B — With Another 24 Hours To Go (Benzinga)
  16. Rocket Companies Revenue Up 163% In Record Q3 (Benzinga)
  17. Ackman places new bet against corporate credit (Financial Times)
  18. “It’s The Roaring ’20s Again”: Goldman Now Expects The S&P To Hit 4,600 In 2022 (ZeroHedge)
  19. U.S. Job Openings Are Rising Closer to Prepandemic Levels (Wall Street Journal)
  20. Lael Brainard’s Steady Rise Could Culminate in Treasury Secretary Post (New York Times)
  21. Why a Trump Loss May Be No Match for Rupert Murdoch’s Realpolitik (New York Times)
  22. The Covid-Winter Backyard: Fire Pits, Pizza Ovens and Patio Heaters (Wall Street Journal)
  23. Cyclical Stocks Power Dow Industrials Higher (Wall Street Journal)
  24. China Targets Alibaba, Other Homegrown Tech Giants With Antimonopoly Rules (Wall Street Journal)
  25. Theater Chains Are Loving This Summer Preview (Wall Street Journal)
  26. Parler, MeWe, Gab gain momentum (USA Today)
  27. The Global Rich Are Rushing to Buy U.K. Country Estates (Bloomberg)
  28. CEO sells stock worth $5.6 mln on same day as Pfizer’s COVID-19 vaccine update (Reuters)
  29. Billionaire investor Ray Dalio believes Ant’s IPO suspension was reasonable — and says not investing in China is ‘very risky’ (Business Insider)
  30. ‘The greatest hole-in-one in history’ just happened at the Masters, and it has to be seen to be believed (MarketWatch)

Be in the know. 20 key reads for Tuesday…

  1. US banks in line for windfall after Covid-19 vaccine progress (Financial Times)
  2. Berkshire Appears to Have Sold $4 Billion of Apple Stock in Third Quarter (Barron’s)
  3. Pfizer’s Vaccine News Sends Stock Market’s Biggest 2020 Losers Soaring (Barron’s)
  4. Eli Lilly Covid Antibody Drug Gets Emergency FDA Clearance (Bloomberg)
  5. EU hits Amazon with antitrust charges for distorting competition in online retail markets (CNBC)
  6. Homebuilder DR Horton posts 81% sales spike (Fox Business)
  7. Vaccine Has Wall Street Ready to Suit Back Up (Wall Street Journal)
  8. Bank Stocks Break Out on Upbeat Covid-19 Vaccine Data (Barron’s)
  9. CureVac’s stock is up 8% as it shares additional Phase 1 data about its COVID-19 vaccine candidate (MarketWatch)
  10. Ulta Beauty shop-in-shops coming to 100 Target stores in 2021 (MarketWatch)
  11. While the Pandemic Wrecked Some Businesses, Others Did Fine. Even Great. (New York Times)
  12. Pfizer, Eli Lilly Breakthroughs Provide Hope for Ending Pandemic (Bloomberg)
  13. Stanley Druckenmiller says he wouldn’t want to be short market, sees stock rotation continuing (CNBC)
  14. 12 Stocks Are Still Cheap After Huge Vaccine And Election Rally (Investor’s Business Daily)
  15. Boeing (BA) Surges on Vaccine News and Likely 737 MAX Ungrounding (streetinsider)
  16. Pfizer COVID-19 vaccine could be given by the end of the year, says Fauci (MarketWatch)
  17. Why Vaccine News Is Such Good News for GE Stock (Barron’s)
  18. Want to travel at 600 mph in a tube? It could happen (USA Today)
  19. Here are the 2 big signals that stocks need to keep moving higher, says Credit Suisse’s top equity strategist (MarketWatch)
  20. Small caps break to record high for first time since 2018 (CNBC)