Are Gold and Silver About to Take Off?

Gold & Silver Unusual Option Activity Report It’s been a tough 2021 for gold and silver hasn’t exactly participated with the broader commodity rally either. Following silver’s one-day Reddit squeeze, it’s failed to generate any bullish follow through. However, as the current rally looks to eclipse the one-year anniversary in March, the market may need…

MO Breaks Out as Option Activity Surges

MO Unusual Option Activity Report At the beginning of 2021, I posted on some unusual option activity in Altria Group Inc (NYSE: MO). The activity was part of a bigger move in tobacco companies since early November. In fact, we’ve had several different tobacco companies on my Top-Down Friday list since that time. While I’ve…

Bearish Wakeup Call for Mortgage REITs Like AGNC?

AGNC Unusual Option Activity Report It’s been remarkable how well corporate bonds and mortgage REITs like AGNC Investment Corp (NASDAQ: AGNC) have held up amidst the route in Treasury bonds. As the 10-year U.S. Treasury yield approaches 1.5%, the perception of risk potential may be finally changing. This change is bearish for riskier assets like…

EXC Option Activity A Good Sign for Utilities

EXC Unusual Option Activity Report If you’ve been watching Treasury bonds lately, it’s been brutal and, as a result, utilities like Exelon Corporation (NASDAQ: EXC) haven’t done well. See, this type of rising interest rate market favors low duration companies. However, as the 10-year U.S. Treasury bond yield approaches 1.5%, it may start to trigger…

Energy Stock Option Activity Explodes on Goldman Forecast

Oil Unusual Option Activity Report In case you were wondering when the oil rally would end, it’s not quite yet. At least that’s what today’s price and option’s activity would seem to indicate. The catalyst appears to be coming from an upgraded oil price forecast from Goldman Sachs based on improved fundamentals. Today’s rally is…

UAL Finding Lift-Off as COVID Outlook Brightens

Have you been waiting for some normality to return? Well, so have companies like United Airlines Holdings Inc (NASDAQ: UAL) and option traders appear to be sharing that optimism. The result was UAL finished trading today nearly 7% higher on the session.  The surge came following positive news on the Wall Street Journal (WSJ) showing…

QS Finds Bullish Interest on Solid State Battery Outlook

In December I posted on the potential of solid-state batteries and one of the stocks I discussed was Quantumscape Corp (NYSE: QS). Quantumscape is a development stage company that is on the cusp of producing a solid-state battery for commercial use. If you’re not familiar with solid-state battery technology, how does a battery that can…

Bond Yields Break Out as Equities Placed on Notice

Bond Unusual Option Activity Report Last week I posted on the burgeoning sell-off in U.S. Treasury bonds as option activity picked up in TBT. The selling in the Treasury bond market materialized today as 10-year yields approach 1.3%. That’s the highest year since just before the “Corona Crash” and may soon put pressure on equities…

MA Option Activity Rising with Retail Spending

MA Unusual Option Activity Report Bank of America released the details of its card data that shows an uptick in in spending following the stimulus, which is good news for payment processors like Mastercard Inc (NYSE: MA). This is why the Federal government loves giving stimulus…people spend it. As spending activity has been rising sharply…

Option Bears Finally Show Up to the Russell 2000 Party

If you haven’t been paying attention, you may have missed the incredible run in the Russell 2000 (RUT) in 2021, which can be represented by the iShares Russell 2000 ETF (NYSEARCA: IWM). It’s not uncommon to see the RUT take a leadership role in January. In fact, there’s a whole indicator called the January Effect…