Be in the know. 15 key reads for Friday…

  1. 10 stocks positioned for an ‘abrupt’ rebound when normalcy finally returns — none of them are tech (MarketWatch)
  2. Pfizer, BioNTech shares gain as more data backs vaccine candidate (Reuters)
  3. Twin Twisters. The Energy Report (Phil Flynn)
  4. Deere’s Earnings Smashed Forecasts. People Still Need to Buy Tractors. (Barron’s)
  5. AMC Entertainment Reopens More Than 100 U.S. Locations (Barron’s)
  6. The Vaccine News Tidal Wave Is Here (Barron’s)
  7. Uber and Lyft Get Reprieve After Threatening to Shut Down (New York Times)
  8. The Forgotten $1 Trillion Supporting the Economy (Bloomberg)
  9. Coffee, sugar and cocoa prices are all clawing out a recovery: Here’s why (CNBC)
  10. U.S. business activity surges to early 2019 levels – Markit flash PMI (Reuters)
  11. China promised to follow Phase One trade deal, Pompeo says (Reuters)
  12. U.S. Existing-Home Sales Rose 24.7% in July from June (Wall Street Journal)
  13. Natural Gas Prices Are on Fire, but Producers Are Holding Back (Wall Street Journal)
  14. 2020 Corvette Stingray: America’s Supercar Gets a European Makeover(Wall Street Journal)
  15. Alibaba’s Online Orders Soar During Coronavirus, Fueling a Sales Recovery (Wall Street Journal)

Unusual Options Activity – Raytheon Technologies Corporation (RTX)

Data Source: barchart

Today some institution/fund purchased 3,764 contracts of Jan 2022 $75 strike calls (or the right to buy 376,400 shares of Raytheon Technologies Corporation (RTX) at $75). The open interest was 1,070 prior to this purchase. Continue reading “Unusual Options Activity – Raytheon Technologies Corporation (RTX)”