Discover Financial's Bearish Options Flow Stands Out

JC Parets
June 27, 2022

The largest insider transaction on today’s list is a Form 4 filing by Nimish P. Shah, who reported a purchase of roughly $5.1 million of Tricida $TCDA.

Thomas Meth, the president of Enviva $EVA, reported a purchase of 8,600 shares, equivalent to $505,508 worth of stock.

Coliseum Capital Management filed a 13D revealing an ownership stake of 14.3% in the mid-cap building products company, GMS Inc $GMS.

Here’s The Hot List, with data through June 24, 2022:

In another Form 4, the chief innovation officer of OPKO Health $OPK disclosed a purchase of approximately $597,392 worth of his own stock.

The only 13G on our list was filed by Ibex Investors, revealing an ownership stake of 5.20% in the small-cap software company Riskified $RSKD.

Last but not least, there was bullish flow in Cleveland-Cliffs $CLF, Coty Inc $COTY, and BioCryst Pharmaceuticals $BCRX.

There was also bearish flow in Discover Financial Services $DFS.

Stay tuned. We'll be back Tuesday with more insider action.

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All Star Charts Team

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