Be in the know. 10 key reads for Friday…

  1. Citi and Barclays Push Back Against the Reflation Doom and Gloom (Bloomberg)
  2. Unemployment Falls to 6.9% as Hiring Climbs More Than Expected (Barron’s)
  3. Why Danone Stock Could Be Appetizing to Investors (Barron’s)
  4. 6 S&P 500 Dividend Payers With Safe Yields Above 2% (Barron’s)
  5. The Fed Could Do a Little More. But a Stimulus Package Would Be Better. (Barron’s)
  6. Investments to Add to Your Portfolio in a Contested Election (Barron’s)
  7. The Boeing 737 MAX Will Come Back Soon. Wall Street Is Getting Ready. (Barron’s)
  8. Alibaba cloud growth outpaces Amazon and Microsoft as Chinese tech giant pushes for profitability (CNBC)
  9. Why the stock market is loving the prospect of a divided government (Business Insider)
  10. Carl Icahn boosts Xerox stake to over 14% (Yahoo! Finance)

Unusual Options Activity – Social Capital Hedosophia Holdings Corp. III (IPOC)

Data Source: barchart

Today some institution/fund purchased 2,365 contracts of May $12.50 strike calls (or the right to buy 236,500 shares of Social Capital Hedosophia Holdings Corp. III (IPOC) at $12.50). The open interest was just 799 prior to this purchase. Continue reading “Unusual Options Activity – Social Capital Hedosophia Holdings Corp. III (IPOC)”