Trading Tips Blog

Discount retailer giant The TJX Companies Inc (TJX), parent company of HomeGoods, T.J. Maxx, and others, has seen shares decline rapidly over the past few sessions. However, one trader sees shares moving higher in the next 51 days. That’s based on the March 2021 $72.50 call options. Over 21,500 contracts traded against a prior open interest of 262, for an 82-fold rise in volume. The buyer paid about $1.44 for the contracts on average. Shares traded near $72.50 before their recent selloff ...
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The pandemic and related lockdowns have left some better off. For others, job losses have led to a challenge. The end result? A K-shaped recovery, as some trend higher and some lower. With that theme in mind, there are plenty of investment opportunities. Many consumers, particularly on the lower-end, are likely to continue their shift towards lower-priced consumer goods. That bodes particularly well for outlets such as dollar stores. One company getting an upgrade from Loop Capital on that thesis is ...
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Michael Sheldon, a director at B. Riley Financial (RILY) recently bought 2,089 shares. That increased his holdings by nearly 10 percent, and came to a total purchase price of just over $102,000. That follows on a buy from the company Co-CEO earlier in the month for 110,000 shares on two separate occasions, and a buy from the company president of 1,600 shares. Overall, company insiders have been massive buyers of shares, with the last insider sale occurring in early 2019. Overall, ...
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Bradley Tirpak, a director at TSR Inc (TSR) recently started a position with a 7,758 share buy. The total cost came to just under $50,000. That move marks the first insider activity since 2018, when some major owners sold, and others bought shares. The stock trended down from that point until early 2020, when it started a new long-term uptrend. Overall, company insiders own 37 percent of outstanding shares. Shares of the IT services company are now up 90 percent over ...
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With a number of areas removing Covid-related restrictions thanks to the availability of multiple vaccines, capital is likely to start moving out of these names and into other potential fast-movers. One such area might be adjacent, into the biotech space. Companies that focus on other health issues are likely to see increased interest now that the focus is shifting away from Covid. It’s an opportunity-rich environment. One such name is Regeneron Pharmaceuticals (REGN). Shares declined in the second half of 2020, but ...
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Big data giant Palantir (PLTR) recently saw shares surge from the mid-$20 range to the mid-$30 range as retail investors drove shares higher. At least one trader sees the move as played out. That’s based on the March 2021 $33 puts. Over 32,980 contracts traded against a prior open interest of 478, making for a 77-fold rise in volume. The trade expires in 52 days, and is close to where shares traded on Monday. The buyer of the contracts paid about $6.88 ...
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Allan Selig, a director at Oil-Dri Corp of America (ODC), recently added 1,000 shares to his holdings. The buy increased his stake by 2.2 percent, and came to a cost of just under $34,000. He was also the last company insider to buy shares in 2020, with a 1,000 share buy in October. Company insiders have been both buyers and sellers of shares in the past year, but the company Chairman has been a large net seller in that time. Overall, ...
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The energy industry has changed rapidly over the past decade. The growth of alternatives, and their improving costs, have made them viable compared to the use of fossil fuels. Even oil is under distress thanks to the rise of electric and hybrid vehicles impacting demand. It’s clear that fossil fuel companies need to embrace this change, and many already have. But even those with a small stake at a giant company can push through smart changes that improve sustainability and profitability. That ...
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