Hedge Fund Trade Tip (PCN) – Position Completion Notification
Be in the know. 7 key reads for Friday…
- Fed Stress Tests Find Top Banks Are Strong, Setting Stage for Wave of Payouts (New York Times)
- What you need to know about Saturday’s highly anticipated Trump-Xi meeting (CNBC)
- G20 meeting may offer more clarity for OPEC, non-OPEC: Russia’s Novak (Reuters)
- Jony Ive, Designer Who Made Apple Look Like Apple, Is Leaving to Start a Firm (New York Times)
- Troubled Boeing Is Still a World-Beater (Wall Street Journal)
- Carnival Stock Is Slumping and the CEO Is Buying Up Shares (MarketWatch)
- Broadcom, FedEx, and 3 Other Stocks That Could Rise on a Huawei Deal (Barron’s)
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Where is money flowing today?
Unusual Options Activity – Encana Corporation (ECA)
Today some institution/fund purchased 12,073 contracts of Aug $6 strike calls (or the right to buy 1,207,300 shares of Encana Corporation (ECA) at $6). The open interest was 4,743 prior to this purchase. Continue reading “Unusual Options Activity – Encana Corporation (ECA)”