Thanks to Moxy Ying and Ruth Carson for including me in their article on Bloomberg today:
“Decline of the Dollar Has Wall Street Rethinking Stock Strategy” You can read it here:
Unusual Options Activity – American International Group, Inc. (AIG)
Data Source: barchart
Today some institution/fund purchased 1,200 contracts of Feb. $30 strike calls (or the right to buy 120,000 shares of American International Group, Inc. (AIG) at $30). The open interest was just 239 prior to this purchase. Continue reading “Unusual Options Activity – American International Group, Inc. (AIG)”
Insider Buying in Texas Capital Bancshares, Inc. (TCBI)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is money flowing today?
Be in the know. 20 key reads for Wednesday…
- New U.S. Coronavirus Cases Slip to Lowest Since Late June (Wall Street Journal)
- A Third of People Tested in Bronx Have Coronavirus Antibodies (Wall Street Journal)
- 8 Restaurant Stocks That Are Worth the Risk (Barron’s)
- Former GE CEO Jeff Immelt Buys Up Bloom Energy Stock (Barron’s)
- Fund managers are more optimistic on stocks than any time since the pandemic began (MarketWatch)
- U.S. tells universities to shed China share holdings ahead of potential delisting: report (MarketWatch)
- The Next Stimulus Bill Still Hasn’t Arrived. Why the Market Doesn’t Care (Barron’s)
- Fund Managers Believe This Is a Whole New Cycle (Institutional Investor)
- Oracle’s Ellison steps out of character with approach for TikTok (Financial Times)
- Investors increasingly unsettled by ‘overvalued’ markets (Financial Times)
- 4 Top Companies Benefit From More Americans Driving on Vacation This Summer (24/7 Wall Street)
- Warren Buffett’s $113 billion Apple stake and $147 billion cash pile now account for over half of Berkshire Hathaway’s entire market value (Business Insider)
- The narrative driving markets is about to get challenged on Wednesday — here’s why (MarketWatch)
- Target reports a monster quarter — profits jump 80%, same-store sales set record (CNBC)
- Jim Cramer: A U.S. dollar rally might be in the cards, according to the charts (CNBC)
- Democrats, GOP Probe for a Path Forward on Stimulus Talks (Bloomberg)
- Trump Team Sees Path to Pared-Down $500 Billion Stimulus Deal (Bloomberg)
- Walmart Flexes Its Scale to Power Through Pandemic (Wall Street Journal)
- Simon, the Biggest U.S. Mall Owner, Shows Two Sides: Innovator and Traditionalist (Wall Street Journal)
- The ‘Everything Bubble’ Isn’t Everything, and Maybe Not Even a Bubble (Wall Street Journal)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Unusual Options Activity – JPMorgan Chase & Co. (JPM)
Data Source: barchart
Today some institution/fund purchased 4,011 contracts of Sept. 2021 $170 strike calls (or the right to buy 401,100 shares of JPMorgan Chase & Co. (JPM) at $170). The open interest was just 155 prior to this purchase. Continue reading “Unusual Options Activity – JPMorgan Chase & Co. (JPM)”
