Retail giant Walmart Inc. (NYSE: WMT) and Netflix, Inc. (NASDAQ: NFLX) announced a partnership that signals the streaming giant's renewed push into merchandise marketing.
Stocks look to push higher for the third day in a row as futures point to a higher open. Stocks built some positive momentum on Wednesday with news of a temporary debt ceiling resolution and easing in the global energy crunch. The developments appear to have assuaged investor fears and now investors may see the pullback as buying opportunity.
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Someone with a lot of money to spend (and possibly insider knowledge) has taken an unusually bullish stance on Nike(NYSE:NKE).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Columbia Sportswear Company’s (NASDAQ: COLM) growing footwear business has outsized exposure to delays in wholesale shipments in the first half of 2022 due to global supply chain constraints, according to BofA Securities.