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Joe Kunkle

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Unusual Call Buying in Ag Products Company

Cal-Maine (CALM) traded 20X daily calls on 3/14 with IV30 climbing 10% as unusual afternoon action bought more than 2,850 April $50 OTM calls up to $1 from $0.70 with the company slated to report results in late March. CALM also has one of the stronger charts in the...

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Global Insurer Sets Up for New Highs

Chubb (CB)with a bull flag forming on the daily with the rising 55-day moving average acting supportive, relative strength with Financials starting to work higher again as rates surge. CB needs a close above $207 to confirm a breakout and can target a move to $220.

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