Tag: StockMarket

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)”

Be in the know. 15 key reads for Thursday…

  1. Banks Uncover Loophole to Buy Home Loans at Below-Market Prices (Bloomberg)
  2. The Fed Was Expecting More Fiscal Aid, Its Minutes Suggest. So Far There Is None. (Barron’s)
  3. High-Yielding Stocks Have Faltered in 2020—But Some See Value (Barron’s)
  4. How to Make a Profit on Lean Hogs (Barron’s)
  5. Why Investors Could Add Some Active Investing to a Portfolio (US News and World Report)
  6. Global Stocks Slump as Fed Minutes Show One Policy Option Shunted Aside (Barron’s)
  7. Bank of America Is Cautious. It’s a Reason to Buy the Stock. (Barron’s)
  8. JPMorgan Chase reportedly had talks about putting banks inside USPS locations
  9. Time Runs Out for Dollar Bulls That Stretched Valuations Too Far (Bloomberg)
  10. U.S.-China Trade Talks Delayed, Not Derailed (Wall Street Journal)
  11. Fed Sees Need for Additional Support but Is Vague on Timing (Wall Street Journal)
  12. Good Grounds for American Exceptionalism in Stocks (Wall Street Journal)
  13. Legendary investor Mark Mobius says investors should steer clear of gold until its price drops (Business Indsider)
  14. China, United States agree to hold trade talks, Chinese commerce ministry says (Reuters)
  15. OPEC PLUS Nightmare. The Energy Report. (Price Group)

The Lionel Richie “Dancing on the Ceiling” Stock Market (and Sentiment Results)…

This week we chose Lionel Richie’s classic song, “Dancing on the Ceiling” to embody the sentiment of the Stock Market.  The salient lyrics are as follows: Continue reading “The Lionel Richie “Dancing on the Ceiling” Stock Market (and Sentiment Results)…”

Unusual Options Activity – American International Group, Inc. (AIG)

Data Source: barchart

Today some institution/fund purchased 1,200 contracts of Feb. $30 strike calls (or the right to buy 120,000 shares of American International Group, Inc. (AIG) at $30).   The open interest was just 239 prior to this purchase. Continue reading “Unusual Options Activity – American International Group, Inc. (AIG)”