Today some institution/fund purchased 3,855 contracts of July $22 strike calls (or the right to buy 385,500 shares of Scientific Games Corporation (SGMS) at $22. The open interest was 2,386 prior to this purchase. Continue reading “Unusual Options Activity – Scientific Games Corporation (SGMS)”
Insider Buying in Olin Corporation (OLN)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 12 key reads for Friday…
- 3M Stock Crashed After Earnings, but One Director Just Bought Shares (Barron’s)
- “All I’m Thinking Is, ‘I’m Going to Die'”: Howard Stern Reveals Cancer Scare, Trump Regrets and Details of a Dishy New Book (Hollywood Reporter)
- Prescription Opioid Use Plummeted Most on Record Last Year ()
- US tariffs on China jump as deadline passes, China immediately says it will retaliate (CNBC)
- Fox unveils ‘insanely simple’ business model at Investor Day (New York Post)
- Horseman Capital’s Russell Clark has been bearish for more than seven years. And if he’s wrong? “This could be my farewell interview,†he says. (Bloomberg)
- Occidental Petroleum Emerges With the Prize in a Takeover Fight (New York Times)
- An increasing number of economists think a rate cut is coming (Business Insider)
- SEC Moves to Ease Audits for Smaller Companies (Wall Street Journal)
- Tiger Woods Has Become His Own Greatest Coach (Wall Street Journal)
- Hedge Funds No Longer Stars of Their Flashiest Conference (Wall Street Journal)
- Fed wants to target interest rates on longer term securities in next downturn (after short-rates hit zero): (Federal Reserve)
Unusual Options Activity – Occidental Petroleum Corporation (OXY)
Today some institution/fund purchased 6,212 contracts of June $60 strike calls (or the right to buy 621,200 shares of Occidental Petroleum Corporation (OXY) at $60). The open interest was 3,561 prior to this purchase.
Continue reading “Unusual Options Activity – Occidental Petroleum Corporation (OXY)”
