Microsoft stock reached its 5-year peak recently, although it may slow down now. But the company is still on track for solid free cash flow growth. This makes MSFT stock a good play for the long term.

Unusual options activity in Airbnb stock implies a large investor may have gone long calls in ABNB stock or they have sold covered calls. Either way, this may be seen as a bullish trade in the stock.

Phillips 66 stock still looks undervalued to value buyers with its 4.33% dividend yield and 8x forward P/E multiple. Moreover, covered call and short put investors have attractive income plays.

Investors who have shorted out-of-the-money puts in Charles Schwab stock have been making good money. SCHW stock is still cheap based on earnings, making this a good play for investors.

Apple stock has risen based on its recent dividend hike and higher share buyback program. AAPL stock is now over its historical P/E average. This makes shorting puts attractive for investors.

Chevron stock has been upgraded by 2 major buy-side firms, given its 4.0% dividend yield and low P/E multiple. Value buyers are attracted to CVX stock, including shorting puts for extra income.

Two large tranches of Tesla options were traded on May 30: one a near-term in-the-money put position and the other a long-term way out-of-the-money call option. This is likely from a large investor.

Nvidia stock is up again today, giving it a month-to-date performance of 47.8% and a YTD return of over 180%. That makes it the ultimate FOMO stock and is pushing its call premiums sky-high.

Devon Energy stock has been treading water since its Q1 results were released on May 8. This is good for investors who have been short its out-of-the-money puts, whose premiums are sinking.

Advanced Micro Devices stock has run up over 98% YTD. This has jacked up its out-of-the-money put premiums. As a result, this makes it profitable to sell them short for income investors.