BLI Ticker | No Election Result (Yet) Plus 1 Trader Just Bet $2.5 Million on Call Options of a Leading Biotech

 

November 5, 2020

Dear Fellow Investor, 

 

Pre-Market Stock Movers November 5,

  • Microsoft Corporation (NASDAQ:MSFT) shares rose 2.6% to $222.11 in pre-market trading. Rising after a favorable rating from Oppenheimer.

In Other News…

Investors are waiting for earnings reports from:

  • General Motors Co. (NYSE:GM)
  • Bristol-Myers Squibb Co. (NYSE:BMY)
  • Alibaba Group Holding Ltd – ADR (NASDAQ:BABA)

 

QUALCOMM, Inc. (NASDAQ:QCOM) reported up beat earnings activity for its fourth quarter. Amazon.com, Inc (NASDAQ:AMZN)  CEO Jeff Bezos sold $3 billion of his stock and Apple Inc. (NASDAQ:AAPL) is facing a chip shortage for its Iphone.

Recent Unusual Options Activity

An investor placed a whopping $2.5 million trade on Biogen Inc (NASDAQ:BIIB) as shares jumped 40% on news that the firm received  favorable FDA support for an Alzheimers drug

 

These are the additional options trades making waves today:
  • An investor placed a trade worth $342,174 on  Nordstrom, Inc. (NYSE:JWN) with a $11 put expiring on November 13, 2020.
  • Another investor placed a trade valued at $232,669 on Apple Inc. (NASDAQ:AAPL)  with a $110 call expiring on November 6, 2020.
  • And one more we’ll report placed a trade for $144,000 on Rocket Companies, Inc. (NYSE:RKT) with a $13 put expiring on December 17, 2021

Have a great day. 

The BLI Team

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