Be in the know. 8 key reads for Monday…

  1. Gilead’s Remdesivir May Be Effective Against Coronavirus, WHO Says (The Street)
  2. Natural-Gas Exporters Struggle to Lock Up Buyers Despite ‘Freedom Gas’ Pitch (Wall Street Journal)
  3. Warren Buffett is cheering the current selloff, saying investors ‘should want the stock market to go down.’ (Business Insider)
  4. Here are the biggest takeaways from Warren Buffett’s annual letter (Business Insider)
  5. Wells Fargo (WFC) Confirms $3B Settlement with DOJ and SEC (Street Insider)
  6. Buffett calls coronavirus outbreak ‘scary,’ but says he won’t be selling stocks (Reuters)
  7. Trump Says U.S.-India to Sign $3 Billion in Defense Deals (Bloomberg)
  8. Warren Buffett Buys Record Amount Of The Ultimate Buffett Stock (Investor’s Business Daily)

Be in the know. 8 key reads for Sunday…

  1. 2020 Corvette Stingray first drive review: Born to dance (Digital Trends)
  2. Warren Buffett drops a hint about the future of Berkshire’s leadership (CNN Business)
  3. Milton Friedman, An ‘Elfin Libertarian’ Giant (Hoover Institution)
  4. Keanu Reeves Rarely Talks About Money — but When He Does, It’s Life-Changing (Medium)
  5. Episode 974: Michael Milken (NPR Planet Money)
  6. 40 Years Later: 20 Facts About the ‘Miracle on Ice’ (Mental Floss)
  7. Uncut Gems Explains Why People Go Crazy for Jewels (Podcast) (Bloomberg)
  8. Warren Buffett acknowledges he won’t live forever, tells investors: ‘Don’t worry’ (Fox Business)

Be in the know. 15 key reads for Saturday…

  1. It’s Time to Build a Stake In Caterpillar (Barron’s)
  2. Wells Fargo Agrees to Pay $3 Billion to Settle Fake-Account Claims (Barron’s)
  3. Stocks Drop on the Week but Still Look Bubbly. Time to Prepare for a Correction. (Barron’s)
  4. What the E*Trade Deal Tells You About the New Investing Game (Wall Street Journal)
  5. Hot Wheels launches Cybertruck toy — with optional cracked window (New York Post)
  6. America’s Coal Country Isn’t Dead — It’s Preparing for a Comeback (Bloomberg)
  7. Warren Buffett just became the longest-serving CEO of an S&P company. Take a look inside his incredible life and career. (Business Insider)
  8. Richard Branson launches his luxury, adults-only cruise ship (CNN Business)
  9. Richard Turner — The Magical Phenom Who Will Blow Your Mind (#411) (Tim Ferriss Podcast)
  10. Yale Activists Want Divestment. David Swensen Isn’t Budging. (Institutional Investor)
  11. Election Year March: Performance Haunted By Steep 1980 Declines (Almanac Trader)
  12. In next downturn, Fed may opt for quick, strong action (Reuters)
  13. 30 Most Popular Stocks Among Hedge Funds: 2019 Q4 Rankings (Insider Monkey)
  14. Maserati’s New Mid-Engine Supercar Is Called the MC20 and It’s Coming This Spring (Robb Report)
  15. Where to Eat, Drink, Stay and Play in the Maldives (Maxim)

Unusual Options Activity – Occidental Petroleum Corporation (OXY)

Data Source: barchart

Today some institution(s)/fund(s) purchased 10,614 contracts of Sept $42.5-47.5 strike calls (or the right to buy 1,061,400 shares of Occidental Petroleum Corporation (OXY) at ($42.5-47.5). Continue reading “Unusual Options Activity – Occidental Petroleum Corporation (OXY)”