Today some institution/fund purchased 30,997 contracts of Jan $4 strike calls (or the right to buy 3,099,700 shares of Range Resources Corporation (RRC) at $4). The open interest was just 707 prior to this purchase. Continue reading “Unusual Options Activity – Range Resources Corporation (RRC)”
Insider Buying in Heron Therapeutics, Inc. (HRTX)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 5 key reads for Tuesday…
- Fed’s Kashkari says more easing needed, not sure how much (Reuters)
- Three Key Recession Indicators Are Sending Mixed Signals. Here’s What to Watch. (Barron’s)
- Cisco Systems Could Finally Rally Back to Its Bubble-Era Highs. One Analyst Explains How. (Barron’s)
- Elizabeth Warren Overtakes Joe Biden In Democratic Presidential Race: IBD/TIPP Poll (Investor’s)
- ETFs Get All the Buzz, but Mutual Funds Still Dominate. There’s a Reason. (Wall Street Journal)
Your Rich Uncle is Back From Vacation…
The Fed has done an about face in the last few months, not only cutting 50bps – with more to come, stopping Quantitative Tightening – but now, increasing the balance sheet by ~$200B in the past 35 days (to stabilize the overnight rate). Continue reading “Your Rich Uncle is Back From Vacation…”
Unusual Options Activity – Bank of America Corporation (BAC)
Today some institution/fund purchased 3,147 contracts of Dec $26 strike calls (or the right to buy 314,700 shares of Bank of America Corporation (BAC) at $26). The open interest was just 114 prior to this purchase. Continue reading “Unusual Options Activity – Bank of America Corporation (BAC)”
Where is money flowing today?
Communication Services Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Communication Services Sector ETF (XLC). Continue reading “Communication Services Earnings Estimates/Revisions”
