Oil Unusual Option Activity Report In case you were wondering when the oil rally would end, it’s not quite yet. At least that’s what today’s price and option’s activity would seem to indicate. The catalyst appears to be coming from an upgraded oil price forecast from Goldman Sachs based on improved
Have you been waiting for some normality to return? Well, so have companies like United Airlines Holdings Inc (NASDAQ: UAL) and option traders appear to be sharing that optimism. The result was UAL finished trading today nearly 7% higher on the session. The surge came following positive news on the
In December I posted on the potential of solid-state batteries and one of the stocks I discussed was Quantumscape Corp (NYSE: QS). Quantumscape is a development stage company that is on the cusp of producing a solid-state battery for commercial use. If you’re not familiar with solid-state battery te
Bond Unusual Option Activity Report Last week I posted on the burgeoning sell-off in U.S. Treasury bonds as option activity picked up in TBT. The selling in the Treasury bond market materialized today as 10-year yields approach 1.3%. That’s the highest year since just before the “Corona Crash” and m
MA Unusual Option Activity Report Bank of America released the details of its card data that shows an uptick in in spending following the stimulus, which is good news for payment processors like Mastercard Inc (NYSE: MA). This is why the Federal government loves giving stimulus…people spend it. As s
If you haven’t been paying attention, you may have missed the incredible run in the Russell 2000 (RUT) in 2021, which can be represented by the iShares Russell 2000 ETF (NYSEARCA: IWM). It’s not uncommon to see the RUT take a leadership role in January. In fact, there’s a whole indicator called the
COVID policies have hurt many industries, and mining companies like Cameco Corp (NYSE: CCJ) felt the impact as well. For a uranium producer like CCJ, that meant closing a productive, remote mine at Cigar Lake, Saskatchewan. The closure and other measures taken took their toll on Cameco as it posted
TBT Unusual Option Activity Report As the era of $3 trillion federal deficits is wide open and another $1.9 trillion stimulus is moving through Congress, the bond market is getting skittish and option traders are looking to TBT. The option activity on Tuesday is pointing to significantly higher pric
NVDA Unusual Option Activity Report No, this isn’t a Super Bowl story about chip consumption, but rather U.S. based chip-maker Nvidia Corp (NASDAQ: NVDA). This is a dynamic that has been playing out for months and is continuing to get more real. The shortage is leading many semiconductor companies t
GME is up 56% today, traded as high as 80%, and was halted multiple times. With a move like that, you would assume that the company had some major announcement that fundamentally alters the company’s future profitability. In the case of GME, you would be wrong. Apparently, a Reddit community post ca
