Be in the know. 10 key reads for Sunday…

  1. ECRI Weekly Leading Index Update (Advisor Perspectives)
  2. Survey of India’s 9th-largest city finds COVID antibodies in 52% of the population (Fortune)
  3. This Bonkers New 314-Foot Expedition Yacht Has a Lounge That’s Half Submerged in Water (Robb Report)
  4. The U.A.E. and Israel Agree to Terms That Could Mean a Boom in Tourism (Architectural Digest)
  5. Watch A Foul Ball Hit A Teddy Bear Smack In The Head (DIGG)
  6. Williams Formula 1 Team Sold to American Investment Firm (The Drive)
  7. ‘Tenet’ is a time-bending spy thriller that makes the audience work hard (Mashable)
  8. Making the Middle Class Great Again (NPR Planet Money)
  9. The CEO of a $1.4 Billion REIT Explains Housing (Podcast) (Bloomberg)
  10. Comporta, Portugal May Be The Best Place On Earth (Luxuo)

Be in the know. 20 key reads for Saturday…

  1. US home sales hit a 14-year high amid coronavirus pandemic (New York Post)
  2. Wyndham Stock Is Well Positioned to Ride Out Pandemic (Barron’s)
  3. 5 New Stocks That Are Hedge Funds’ Favorites (Barron’s)
  4. The Fed May Have to Do More to Keep the Economy on Track. Here’s What Could Come Next. (Barron’s)
  5. The Next Big Test for the Economy: Getting America Back to School (Barron’s)
  6. Michael Eisner Bought Up IAC/InterActiveCorp Stock (Barron’s)
  7. Covid-19 Pay Cuts Coming to an End at Some Companies (Wall Street Journal)
  8. New Antibody Tests Offer Better Snapshot of Covid-19 Immunity (Bloomberg)
  9. Baupost Collects $3 Billion Wagering on PG&E’s Wildfire Claims (Bloomberg)
  10. Kanye West Off Ballot in Five States, Easing Risk to Biden (Bloomberg)
  11. BJ’s is adding a ton of new members to its roster, and many are young and digitally-savvy (MarketWatch)
  12. Home-Improvement Stocks Stay the Course Amid Nesting During Covid-19 (Wall Street Journal)
  13. Ben Affleck Will Return as Batman in The Flash (Vanity Fair)
  14. Florida Is Releasing Almost a Billion Gene-Hacked Mosquitoes (Futurism)
  15. A Conversation about Buffett, Berkshire & High-Quality Shareholders w/ Professor Lawrence Cunningham (Excess Returns)
  16. The Observer Effect: Seeing Is Changing (Farnam Street)
  17. Rob Arnott Weighs In On the Impact Of Fiscal And Monetary Policy On The Economy (TD Ameritrade Network)
  18. September Almanac: Only Modest Improvement in Election Years (Almanac Trader)
  19. The Inside Story Of Robinhood’s Billionaire Founders, Option Kid Cowboys And The Wall Street Sharks That Feed On Them (Forbes)
  20. 30 Most Popular Stocks Among Hedge Funds: 2020 Q2 Rankings (Insider Monkey)

Be in the know. 15 key reads for Friday…

  1. 10 stocks positioned for an ‘abrupt’ rebound when normalcy finally returns — none of them are tech (MarketWatch)
  2. Pfizer, BioNTech shares gain as more data backs vaccine candidate (Reuters)
  3. Twin Twisters. The Energy Report (Phil Flynn)
  4. Deere’s Earnings Smashed Forecasts. People Still Need to Buy Tractors. (Barron’s)
  5. AMC Entertainment Reopens More Than 100 U.S. Locations (Barron’s)
  6. The Vaccine News Tidal Wave Is Here (Barron’s)
  7. Uber and Lyft Get Reprieve After Threatening to Shut Down (New York Times)
  8. The Forgotten $1 Trillion Supporting the Economy (Bloomberg)
  9. Coffee, sugar and cocoa prices are all clawing out a recovery: Here’s why (CNBC)
  10. U.S. business activity surges to early 2019 levels – Markit flash PMI (Reuters)
  11. China promised to follow Phase One trade deal, Pompeo says (Reuters)
  12. U.S. Existing-Home Sales Rose 24.7% in July from June (Wall Street Journal)
  13. Natural Gas Prices Are on Fire, but Producers Are Holding Back (Wall Street Journal)
  14. 2020 Corvette Stingray: America’s Supercar Gets a European Makeover(Wall Street Journal)
  15. Alibaba’s Online Orders Soar During Coronavirus, Fueling a Sales Recovery (Wall Street Journal)

Unusual Options Activity – Raytheon Technologies Corporation (RTX)

Data Source: barchart

Today some institution/fund purchased 3,764 contracts of Jan 2022 $75 strike calls (or the right to buy 376,400 shares of Raytheon Technologies Corporation (RTX) at $75). The open interest was 1,070 prior to this purchase. Continue reading “Unusual Options Activity – Raytheon Technologies Corporation (RTX)”