FCX Sees Big Surge in Bullish Option Activity
One of the companies that could be impacted the most by semiconductor shortages and potential derailing of the global housing market is Freeport-McMoran Inc (FCX). The stock has been sliding and following the pathway of one of its biggest products in copper. Copper was able to find a little price support intraday but finished virtually…
How to Hedge DURING a Market Sell-Off This Week
In case you missed the all caps, this isn’t how to hedge in the event of a sell-off. This is about how to stop the bleeding as the market is in the midst of a sell-off this week and you’re a bit too uncomfortable with your exposure. At TheoTrade, we teach a lot of preemptive…
TMUS Catches a Bid as Option Activity Looks for Upside
After a nice bullish trend in the spring, T-Mobile US Inc (NASDAQ: TMUS) has been wilting in the summer heat. The share price has especially seen it’s price fall on high volume over the past six days. However, that trend broke today. Today’s rather underwhelming move may not create a lot of confidence to go…
Oil UOA Explodes, Is it Just the Beginning?
In Monday’s video, I laid out the bullish case building for oil stocks. That thesis was based on the data that was about to come out on production and supplies, but also based on significant option activity. As the price of oil advances toward the pivotal $75 price level, the bullish option activity continues to…
Energy Leads as the Retail Herd Finds Uranium and Forecast Looks Cold
Energy as a sector led the way as the outlook for winter weather looks colder than normal. As a result, oil and gas stocks found buyers on Monday (EOG, MRO, OVV). Uranium stocks have been going parabolic of late as inflows into funds like URNM have picked up. That's led to significant option activity in…
COTY Finds Significant Bullish Option Activity as KKR Bails
In case you missed the news, Coty Inc (NYSE: COTY) had KKR & Co Inc (NYSE: KKR) cash out of 50 million shares of the company’s stock. The result was an opening price gap lower of around 8%. Seeing a large investor isn’t exactly the most bullish news for a company. However, some investors saw…
Did Steph Curry Just Call the Top?
Crypto carnage was the order of the day as the Nasdaq eked out a new all-time high. As breadth and crypto crashed, NBA player Steph Curry is looking to his community for answers. Could this be the final nail in the bulls coffin, some UOA activity seems to think so..
Is the Buffett Bounce Over for Kroger?
A couple weeks ago, a 13F filing by Berkshire revealed that the company had added to its holdings of Kroger Co (NYSE: KR). While Buffett isn’t the influencer for Millennial stock traders like the twerking, pink-haired talking heads on TikTok or YouTube, his trades still influence more “seasoned” investors. That influence has been seen through…
A Golden Opportunity or Just Fake Gold?
It was easy to get snookered as a kid when someone showed you iron pyrite. You know, the stuff that looks like gold but isn’t. It’s golden color and shiny but not exactly the same as the real thing. Today’s option activity suggested some potential upside in the metal and metal stocks in particular, but…
SEC & PYPL Boyz Take the HOOD
News from SEC and Paypal Holdings Inc (NASDAQ: PYPL) caused panic selling in Robinhood Markets Inc (NASDAQ: HOOD). As Support.com, Inc (NASDAQ: SPRT) reaches its terminal velocity, the options market is lining up it's list of candidates for the next short squeeze..