Be in the know. 20 key reads for Saturday…

  1. Fixing Boeing’s Problems Could Boost Its Stock by 35%. What It Needs to Do. (Barron’s)
  2. Charlie Munger’s Daily Journal scored a $132 million gain on stocks in 9 months – and its portfolio has quadrupled in value (Business Insider)
  3. If Inflation Isn’t a Problem Yet, This $3.5 Trillion Budget Will Make It One (Barron’s)
  4. Moderna Stock Crumbled Wednesday. Investors Are Questioning This Year’s Spectacular Surge. (Barron’s)
  5. Stock Prices Are Poised to Keep Rising, Says Longtime Bull. Here’s Why. (Barron’s)
  6. Looking for Stocks That Really Add Up? Meet These 10 Potential Compounders. (Barron’s)
  7. Splunk Stock Is Ready to Climb, Says UBS (Barron’s)
  8. Why Activision Blizzard Stock’s Decline Might Be a Buying Opportunity (Barron’s)
  9. Delta Variant Drops Small-Business Confidence to Lowest Level Since March (Wall Street Journal)
  10. Xi’s Dictatorship Threatens the Chinese State (George Soros – WSJ)
  11. Airbnb benefits from ‘travel recovery’ as bookings and revenue grow (Financial Times)
  12. Spectre of inflation stalks debate on $3.5tn US spending bill (Financial Times)
  13. Wall Street predicts that equity bull run will continue but some investors worry that market already reflects high levels of optimism (Financial Times)
  14. Slow Slog in Stocks Is Now a Steamroller Crushing Every Naysayer (Bloomberg)
  15. Consumer Sentiment in U.S. Plunges to Lowest Since 2011 (Bloomberg)
  16. How the ‘Madonna’ of Billionaires Is Playing His Fourth Act (Bloomberg)
  17. The Lamborghini Countach Returns as a $2.64 Million Hybrid Beast (Bloomberg)
  18. Aston Martin reveals its topless Valkyrie hypercar (CNN Business)
  19. Wall Street Will Keep Getting Good Talent: Leon Cooperman (Bloomberg)
  20. Bargain Stocks From The Father Of Value Investing (Forbes)

Be in the know. 10 key reads for Friday…

  1. Productivity Will Battle Inflation an Send Stocks Higher, Says Ed Yardeni (Barron’s)
  2. Rocket Earnings Fell Short, but the Company Expects Mortgage Demand to Remain Strong (Barron’s)
  3. Ways to Gear Up Your Portfolio for Inflation Concerns (Barron’s)
  4. Disney Posts a Rebound as Tourists Returned to Its Theme Parks (Wall Street Journal)
  5. Home Prices Jumped Across the U.S. in Second Quarter (Wall Street Journal)
  6. S. consumers suffered a ‘stunning loss of confidence’ in early August, University of Michigan survey finds (MarketWatch)
  7. ‘Memory – Winter is Coming’: Morgan Stanley Downgrades Micron (MU) to EW as Supply is Catching Up To Demand, Prefers Samsung (SSNLF) (Street Insider)
  8. Dan Loeb’s Third Point Gets a Taste of Its Own Activist Medicine (Wall Street Journal)
  9. Disney+ reaches 116 million subscribers, and its parks division returns to profitability. (New York Times)
  10. Yardeni Says ‘Roaring 2020s’ to Continue, and Stock Bulls Agree (Bloomberg)

Unusual Options Activity – Activision Blizzard, Inc. (ATVI)

Data Source: barchart

Today some institution/fund purchased 9,810 contracts of Jan $90 strike calls (or the right to buy 981,000 shares of Activision Blizzard, Inc. (ATVI) at $90). The open interest was just 2,836 prior to this purchase. Continue reading “Unusual Options Activity – Activision Blizzard, Inc. (ATVI)”