News broke this week that Warren Buffett’s Berkshire Hathaway sank a cool $4.2 billion into about 121 million shares of tech hardware company HP Inc. (NYSE: HPQ)… a boring stock for the most part.
And wouldn’t you know, a big trader bought a boatload of the monthly April $40 strike calls, spending over $600,000 on 6,000 contracts back on March 29. That’s an unusual bet for this stock, or “unusual options activity,” as I like to say…
The stock then had about a 15% drop, sinking the calls to just 2 cents a contract.
Corporate insiders raked in a record-breaking $69 billion in trading returns in 2021…
It’s led many to believe these huge gains made by top-ranking corporate executives have spiraled out of control. And for good reason…
If you’re one of the many American investors who feel cheated, you’ll want to check out what I, New Money Crew Head Trader Lance Ippolito, have to say…
I believe this $69 billion spiral is one of the best opportunities in the stock market… if you know how to play it, of course!
*Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
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