Be in the know. 12 key reads for Wednesday…

  1. Regeneron says antibody ‘cocktail’ helps COVID-19 patients recover quickly (New York Post)
  2. COVID-19 vaccine timelines hinge on how trials, FDA approvals work (New York Post)
  3. Why a V-Shaped Economic Recovery Is Still on Track (Barron’s)
  4. Why billionaire investor Leon Cooperman says there are ‘three stock markets,’ as he warns about danger in FAANG stocks (MarketWatch)
  5. Companies added better than expected 749,000 jobs amid jump in construction, hospitality, ADP says (CNBC)
  6. China’ factory activity grows sharply in September (MarketWatch)
  7. China’s services PMI rises for 7th straight month (MarketWatch)
  8. Pelosi, Mnuchin Resume Talks on Relief Package (Barron’s)
  9. Analyst who called rally off March bottom now sees this as the level to watch for stocks (Yahoo! Finance)
  10. Mymensingh Medical College Retrospective Study: Ivermectin Superior to Standard of Care for COVID-19 Patients (TrialSiteNews)
  11. Value Stocks Have Room for More Gains – BofA Securities (Street Insider)
  12. The Chevy Chevelle That Proved Its Worth (Wall Street Journal)

Unusual Options Activity – Carnival Corporation & Plc (CCL)

Data Source: barchart

Today some institution/fund purchased 15,220 contracts of April $20 strike calls (or the right to buy 1,522,000 shares of Carnival Corporation & Plc (CCL) at $20). The open interest was just 3,773 prior to this purchase. Continue reading “Unusual Options Activity – Carnival Corporation & Plc (CCL)”