Trading Tips Blog

National Amusements Inc, a major holder at Paramount Global (PARA), recently added 646,764 shares. The buy increased the company’s stake by just over 2 percent. The company paid just under $21 million to make the buy. This is the first insider activity at the company since the summer of 2020. Over the past three years, company insiders have largely been buyers when there has been insider activity. Overall, company insiders own about 5.4 percent of shares. While shares have lost a quarter ...
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Shares of offshore drilling equipment company Transocean (RIG) are up about 7 percent in the past year. One trader sees the potential for share to fall in the months ahead. That’s based on the May 2023 $3.00 puts. With 361 days until expiration, 10,032 contracts traded compared to a prior open interest of 352, for a 29-fold rise in volume on the trade. The buyer of the puts paid $0.60 to get into the trade. Shares recently traded for about $4.00, ...
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Bear markets offer companies the ability to refocus and retrench. Companies that look toward the future when times are tough can rapidly expand into new growth areas ahead of the next economic swing higher. That can leave them positioned to take advantage of new opportunities that don’t sound appealing when markets are dropping. The housing crash in 2008 led many investors to avoid potential growth stories in the new technology of electric cars or to overlook the development of smartphones and ...
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James DeFranco, a director at DISH Network Group (DISH), recently picked up 1,250,000 shares. The buy increased his stake by over 154 percent, and came to a total purchase price of just under $24.3 million. The buy comes a day after another company director picked up 5,000 shares for just over $95,000. Going further back, the last insider buys occurred in July 2019, and company insiders have generally been moderate sellers of shares over the past three years. Overall, insiders at the ...
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Shares of freight and logistics company FedEx Corporation (FDX) have lost over one-third of their value in the past year. One trader is betting on a further decline. That’s based on the July $180 put. With 56 days until expiration, 15,182 contracts traded compared to a prior open interest of 661, for a 23-fold rise in volume on the trade. The buyer of the puts paid $6.80 to get in. Shares are a little bit off their 52-week low of $193, ...
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Consumer spending makes up the bulk of economic spending – over two-thirds, by most estimates. That means that any change in where and how consumers are spending can lead to a shift of billions of dollars. As retailers report their quarterly earnings, some are seeing consumers head their way amid rising economic uncertainty. Others aren’t faring as well. But a few players could be a standout play at current prices, given the role consumers play in the economy. For instance, Home Depot ...
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James Wainscott, a director at CSX Corp (CSX), recently picked up 10,000 shares. The buy increased his position by nearly 95 percent, and came to a total price of just over $330,000. This marks the first insider buying at the company since the summer of 2020, and the first insider activity of any kind since last October. Otherwise, company directors and executives, have been sellers of shares though the end of last year. Overall, insiders own just over 0.2 percent of ...
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Shares of internet hardware provider Cisco Systems (CSCO) have been in a downtrend for the past few months. One trader sees the prospect of further declines in the months ahead. That’s based on the June 2023 $45 puts. With 393 days until expiration, 4,001 contracts traded compared to an open interest of 183, for a 22-fold rise in volume. The buyer of the puts paid $3.73 to get into the trade. Shares last went for about $50, so the stock would need ...
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