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Intel options were active earlier in the week, and yesterday the buying hit right at the top of CNBC's "Fast Money Halftime Report."
OptionMonster's scanners detected heavy volume in the June 23 calls and the July 25s as traders once again rolled their positions to higher strikes in longer-dated contracts. This time, they sold the June 23s for $1.83 and bought the July 25s for $0.74.
These calls lock in the price where the chip maker's shares can be bought, so they can track movements in the stock price cheaply and leverage any rally. On Tuesday, they rolled up from the June 26s to the July 27s.
Coty opened for trading Thursday, ranking as the third-largest IPO of 2013, and the company's CEO, Michele Scannavini, spoke with CNBC's "Squawk on the Street" about the fragrance maker's strategy as a public company.
Coty shares hit the market at $17.50 and raised about $1 billion for the company, but dropped slightly on its trading debut, despite high interest from investors.
Apple shares may be down 20 percent year to date as investors worry about slowing growth, but two top performing fund managers with different strategies still see reason to own the smartphone maker.
"Given where the stock is priced ... a lot can go wrong before the stock appears overvalued," value fund manager Bill Nygren of Oakmark Fund told the Morningstar Conference in Chicago.
Growth manager Steve Wymer of Fidelity Investments agrees.
The bulls are betting that Select Comfort is getting its mojo back.
The mattress maker was a monster stock between 2009 and 2012, rocketing from under $1 to over $35. It then dropped for the next year, but has been working its way higher since April.
Upside option activity in the name crossed our screens yesterday. OptionMonster's tracking systems detected the purchase of some 3,700 September 25 calls, most of which priced for $1.60. Volume was almost 19 times higher than the strike's previous open interest, indicating that new positions were initiated.
CNBC's Jim Cramer sees two "incredibly" bullish signals for bank stocks: a shrinking number of underwater mortgages and a rising net interest margin. He says that one company in particular may benefit disproportionately: Wells Fargo.
In a report from CoreLogic released Wednesday, there were 9.7 million properties underwater in the U.S. during the first quarter of 2013, down from 10.5 million in the fourth quarter of 2012. A home is considered "underwater" when the underlying value of the property is less than the principal owed on the mortgage.
"To me, Wells Fargo is the single greatest play if you think houses are coming out from underwater," Cramer said Wednesday on "Squawk on the Street," remarking on the company's "ability to take the collateral and make new loans."
There's no question Home Depot, whose shares have soared 190 percent over the past five years, has been one of the best plays in the housing recovery.
When you consider Home Depot has more than doubled the performance of rival Lowe's during that span, there's little debate as to which of the two wins the title for head of household.
However, I have always had a tough time reconciling Home Depot's valuation to that of other leading retailers such as Wal-Mart and Costco. I'm not suggesting the stock lacks value. It's clear the Street has never minded paying a higher multiple for Home Depot. It's worked out very well over the past five years, yes. But how about the next five?
Intel has enjoyed a nice run this quarter, and now the bulls are moving their positions higher and out in time.
OptionMonster's tracking programs show that traders sold the June 26 calls yesterday and bought the July 27s. Blocks of 40,000 contracts in each traded for a net cost of $0.11.
Long calls lock in the price where the stock can be purchased, allowing them to track movements in the underlying share price. Rolling them from one month to the next keeps investors positioned to profit from gains while limiting the cost.
Shares of McDonald's got a boost of almost 2 percent Monday after the hamburger giant reported May sales rose 2.6 percent worldwide for restaurants that have been opened at least one year, including a 2.4 percent gain in U.S. sales.
The company said new items such as egg white sandwiches, chicken wraps and various Dollar Menu offerings helped results. These are certainly encouraging numbers from a sector that includes Chipotle Mexican Grill and Yum! Brands, which have posted pretty uninspiring results, to put it mildly.