Unusual Options Activity – (SE) Sea Limited
Today some institution/fund purchased 33,332 contracts of April $20 strike puts (or the right to sell short 3,333,200 shares of Sea Limited (SE) at $20). The open interest was just 945 prior to this purchase. Continue reading “Unusual Options Activity – (SE) Sea Limited”
Update on GE (Unusual Options Activity)
On January 31 we put out a post on “Unusual Options Activity” in GE (General Electric). While there are many possible reasons for a fund putting on this size (sometimes just to hedge a long book), this was abnormal – which is why we flagged it. Someone was worried about GE’s short term prospects and they were correct. GE is down ~19.57% since Feb 25. Here is the initial post:
Hedge Fund Tips (PCN) – Position Completion Notification
Hedge Fund Tips (PCN) – Position Completion Notification
Be in the know. 10 key reads for Wednesday…
- CenturyLink Backlash May Have Gone Too Far, Analyst Says: Barron’s
- Forbes list: Bezos on top, Zuckerberg tumbles and Kylie Jenner makes history (New York Post)
- Facing Slowing Economic Growth, China’s Premier Promises Relief for Business (New York Times)
- China Won’t Make Big Concessions on Trade Deal, Ex-Minister Says (Bloomberg)
- GE shares tumble as CEO Culp says cash flow will be negative in 2019, power unit to struggle more (CNBC)
- Nio stock sinks, as investors spooked by earnings miss, delivery slowdown (MarketWatch)
- China’s February exports seen falling most in two years, imports down again: Reuters Poll (Reuters)
- Buy Ingersoll-Rand Stock Now, Goldman Sachs Says (Barron’s)
- For Many Girls, Figure Skating Loses Its Edge to Hockey (Wall Street Journal)
- Chevron, Exxon Mobil Tighten Their Grip on Fracking (Wall Street Journal)
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Unusual Options Activity – SIRI
Today some institution/fund purchased 16,034 contracts of June $6 strike calls (or the right to buy 1,603,400 shares of Sirius XM Holdings, Inc (SIRI) at $6). The open interest was just 2,232 prior to this purchase. Continue reading “Unusual Options Activity – SIRI”
Insider Buying
Hedge Fund Tips (PCN) – Position Completion Notification
(UPDATE) Bullish Percent – What it says about Consumer Staples
On January 28, 2019 we put up a post on the Consumer Staples sector – calling for a move up. Since that post, the Bullish Percent Staples has gone from 27.27 to over 60. The Consumer Staples ETF (XLP) has appreciated by 4.5% Continue reading “(UPDATE) Bullish Percent – What it says about Consumer Staples”