Saturday, April 20, 2024
General Electric (GE) options saw a massive amount of volume last week, with over 1 million contracts trading in one day. The industrial giant was in the news for the divestiture of its jet leasing business for $30 billion. Investors hoped for improved guidance from GE management after this transaction, but did not get it. […]
One of the most popular ETFs in 2021 is Cathie Wood’s Ark Innovation ETF (ARKK). ARKK invests in several of the most popular tech-related stocks like Tesla (TSLA) and Square (SQ). The ETF had done quite well until a recent bout of selling. On a big market down day last week, ARKK traded 7x the […]
One of the great things about options is that there are so many ways they can be used. There are endless iterations when it comes to implementing options trades. This flexibility is one of the primary reasons why options have become so popular in recent years. GameStop (GME) has been in the news a lot […]
On a day when the S&P 500 dropped 2.5%, Twitter (TWTR) climbed 4% with heavy options volume. The company announced a program for “super users” to charge for their content. While many were skeptical of this plan, investors appeared to give it a thumbs up. One huge options trade that hit the tape on the […]
It’s no secret that investors love tech stocks. After all, the most exciting innovation takes place in tech. (When’s the last time an exciting innovation in supply chain management caused a stock price to spike?) Of course, innovation often leads to growth. And growth… well, it makes shareholders money. No company has tapped into the […]
The options action continues to run hot in AMC Entertainment (AMC). AMC was one of the stocks targeted as a short squeeze candidate by the Wall Street Bets crowd. The movie theater business has suffered quite a bit from the pandemic, but there’s a case for it bouncing back later this year. It looks like […]
You know your company has made it when it’s parodied on Saturday Night Live. Recently, Zillow (Z) became the latest company to be parodied on SNL with a funny, already-viral skit—go look it up if you haven’t seen it yet. More importantly, Z has become even more popular among investors—and its popularity has nothing to […]
There was some crazy unusual options activity last week in Sundial Growers (SNDL). Sundial is a cannabis grower based in Canada that had 3 billion shares trade in one day last week, along with over 2.5 million options contracts. Cannabis companies have been in the spotlight for multiple reasons, including lots of attention on Reddit […]
For the moment, short-term craziness in the market has evaporated. Volatility is returning to more normal levels—well, normal for the last year anyhow. Most of 2020 as well as January 2021 were anything but ordinary. Nevertheless, we can’t ignore the future…and the future certainly includes potential interest rate movement. After the pandemic hit, the Federal […]
Last week, there was some unusually large options activity in Financial Select SPDR ETF (XLF). XLF tracks financial stocks such as banks and asset management companies in the S&P 500. On a particularly brisk day for options trading, XLF had about 2x more options volume than normal. A large chunk of the volume came in […]
