XLE Big Bullish Option Interest After Goldman Oil Outlook
XLE Unusual Option Activity Report The Energy Select Sector SPDR Fund (NYSEARCA: XLE) gapped lower on the open yesterday as the price seemed ready to retrace following last weekās bounce. That quickly changed as Goldman Sachs raised its summer price target for oil. Their updated price target for the commodity heading into summer is now…
A Beginnerās Guide to Value Investing in 2021
As we kick off 2021, itās inevitable that the financial media will discuss whether this will be the year for value investors. Itās been a lean decade or more for style investors that plant their flag on the value investing camp. However, itās a new year and with it comes new opportunity. Letās explore the…
BFT Findās Bullish Option Interest Before Trading as Paysafe
BFT Unusual Option Activity Report Foley Trasimene Acquisition II Corp (NYSE: BFT) saw a flurry of call option buying Monday as the SPAC moves closer to trading as Paysafe. According to reports, the deal that was announced on December 7, 2020 will see BFT trade under the name Paysafe on the New York Stock Exchange…
Option Traders Turn on FCX Following Gold and Silver Rout
FCX Unusual Option Activity Unusually large bearish option activity popped up on Freeport-McMoRan Inc (NYSE: FCX) following gold and silver losing 3.53% and 6.92%, respectively. The share price of FCX only finished 0.61% lower but calls into question that near-term potential of the mining stock after its large run. At least for option traders, the…
RRC Option Traders Rolling into the Upcoming Cold Spell
RRC Unusual Option Activity Report Iāve never liked the saying ācold hands, warm heart,ā but for stocks like Range Resources Corp (NYSE: RRC) itās very apropos. With weather forecasts turning decidedly colder in the coming weeks, it opens the door for a rise in natural gas futures and carryover to stocks as well. The carryover…
Banks Surge on Inflationist Dream Scenario
If 2020 was a nightmare, 2021 may be a dream scenario for banks. The bullish party kicked off following last nightās election results in Georgia that appeared to hand the Democrats the senate. The idea of a unified legislative and executive branch sent bond yields surging today as the embers of inflation get stoked. Clearly,…
Altria has Traders Taking a Smoke Break in the New Year
Altria Unusual Option Activity Report What a crazy start to the new year and the unusual option activity in Altria is fitting. I say fitting in that after 2020, many people are looking at something to calm the nerves and take a break from the chaos. As we deal with election news, many may be…
Dividend Aristocrats: Whatās New for 2021?
For many investors, the Dividend Aristocrats list is a staple. The long history of paying dividends and outperforming the S&P 500 makes these stocks a go to when look for investing opportunities. Last year was not only a difficult year for many around the world, but it was also a difficult year for income investors.…
90% Days: A Key to Market Capitulation
If you use market breadth, then 90% days may be right up your alley. If not, itās likely something that youāre going to want to use after reading this. Inevitably the question always arises during an extreme move up or down about when weāre at a top of bottom. Itās natural to want to be…
A āGolden Rulerā for Investing in the New Year
New Yearās resolutions abound, and many are probably adopting some version of the āGolden Ruleā for their life, but what their investing? The Golden Rule sets the standard for our interactions with others, but did you know there is a similar standard for investing? I realize Iām asking a lot of questions. However, Iām about…
Recent Comments