A large unusual options position was taken yesterday in Amazon calls that are deep in the money and expire 4 months out. This shows that the large investor has deep faith in Amazon's turnaround.

McDonald's Corp reported 12.6% higher Q1 sales on a comparable basis and significantly higher free cash flow. With its 2.1% yield and buybacks, these factors make MCD stock a value buy.

Walmart reported surprisingly good results for Q1, including strong YoY revenue and operating income YoY growth of 7.6% and 17.3%, respectively. This could push WMT stock higher over the near term.

Amazon stock is slowly rising ever since the April 27 release of its Q1 results. Confidence that it is making positive free cash flow is growing. This makes shorting puts and calls very profitable.

Chevron stock has drifted down since its Q1 earnings release. But that has raised its dividend yield to 3.92% and reduced its P/E multiple to just 11x, making it attractive to value investors.

A large increase in put options in Alphabet stock (GOOG, GOOGL) today. These trades can be analyzed to see if we can learn from them, as they are likely initiated by hedge funds.

Nvidia stock is up over 103% YTD, including 10%+ in the last month. This has pushed up its put option premiums and made shorting out-of-the-money puts ideal for investors to create income.

Tesla stock is off about $20 in the last month, or 10.7%, but its put premiums are still elevated, albeit not as much as before. This gives cash-secured short-put investors good income plays.

Investors in Charles Schwab stock have found that it is still cheap, as we discussed in recent articles. As a result, shorting its out-of-the-money puts has now become a very popular income play.

Occidental Petroleum reported sizeable Q1 free cash flow and spent $732 million on share buybacks. At that rate, it will buy back 5.9% of its market cap annually which greatly interests value buyers.