Today some institution/fund purchased 20,470 contracts of January 2021 $30 strike calls (or the right to buy 2,047,000 shares of Wells Fargo & Company (WFC) at $30). The open interest was just 3,445 prior to this purchase. Continue reading “Unusual Options Activity – Wells Fargo & Company (WFC)”
Insider Buying in Mohawk Industries, Inc. (MHK)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 5 key reads for Wednesday…
- The Federal Reserve Will Keep Cutting Interest Rates. Thank the Trade War. (Barron’s)
- CVS Health (CVS) Tops Q2 EPS by 20c, Raises FY Guidance (StreetInsider)
- Billionaire Harold Hamm (who owns 76.57% of the stock) said Continental’s (CLR) latest share buyback program goal is to purchase stock that’s undervalued and will ultimately return value to where it should be fairly traded: (Yahoo Finance)
- Ray Dalio calls for investors to back China or miss out on the next global empire (Business Insider)
- Hedge Fund and Insider Trading News: Bill Ackman, Richard Perry, Elliott Management, Amazon.com, Inc. (AMZN), Ford Motor Company (F), and More (Insider Monkey)
Unusual Options Activity – Gilead Sciences, Inc. (GILD)
Today some institution/fund purchased 5,171 contracts of Jan $72.50 strike calls (or the right to buy 517,100 shares of Gilead Sciences, Inc. (GILD) at $72.50). The open interest was 3,751 prior to this purchase. Continue reading “Unusual Options Activity – Gilead Sciences, Inc. (GILD)”
