Trading Tips Blog

Bruce Strhom, a director at SmartRent (SMRT), recently picked up 10,000 shares. The buy increased his holdings by 50 percent, and came to a total purchase price of $110,000. This is the director’s third buy in the past three months. The prior two buys were also for 10,000 shares each, albeit at slightly higher prices. These three buys mark the only insider activity since the company went public earlier in the year. Overall, insiders at the company own over 41 percent ...
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Shares of hotel chain Hilton Worldwide Holdings (HLT) have been gradually rising over the past year. One trader is betting that the steady move higher will continue over the next year. That’s based on the January 2023 $150 calls. With 428 days until expiation, 8,790 contracts traded against a prior open interest of 155, marking a 57-fold jump in volume. The buyer of the calls paid $16.15 for the trade. With shares around $142, the option will move in-the-money on less than ...
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Many industries fared well during the pandemic, but others were essentially closed down entirely. Any in-person entertainment experience was one of them, which nearly led to the bankruptcy of a number of firms. One such company, AMC Entertainment (AMC), was able to ride a wave of retail investor interest higher. And that higher share price gave the company a second lease on life as they were able to issue new shares to raise cash and pay down debt. Now, the company is ...
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Jay Henderson, a director at Illinois Tool Works (ITW) recently bought 10,000 shares. The buy increased his stake by over 112 percent, and came to a total purchase price of just over $2.35 million. This marks the first insider buy at the company since May 2020. Otherwise, company insiders, mostly executives, have been steady sellers of shares over the past few years. That’s true even as shares have trended higher over time. Overall, insiders at the company own 0.2 percent of ...
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Shares of graphics processing company Nvidia (NVDA) have seen a big move higher since tech stocks rebounded in the past two months. One trader sees the possibility of a sizeable pullback here. That’s based on the February $320 puts. With 93 days left until expiration, over 5,010 contracts traded against a prior open interest of 104, for a 48-fold rise in volume. The buyer of the puts paid $40.68 for the contracts on average. With shares around $300 at the moment, ...
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E-commerce continues to grow as a trend, with more customers making more purchases online globally. While that trend may look played out, companies are still posting record numbers. Alibaba (BABA) just reported an 8.5 percent increase in sales for its Singles Day holiday. The downside? Growth came in at a reported a 26 percent increase from 2019 to 2020 thanks to the pandemic. While that trend is slowing, it’s still a worthwhile one, especially given how shares have performed recently. Thanks to ...
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Edie Ames, a director at Cheesecake Factory (CAKE) recently added 1,650 shares. The buy increased her stake by 25.6 percent, and came to a total purchase price of just under $75,000. This is the second buy from the same director this year, following a 500 share buy back in August. Otherwise, insiders have largely been sellers over the past year, with company executives selling off shares. Overall, insiders at the company own 6.8 percent of shares. Shares of the restaurant chain are ...
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Shares of pot producer Aurora Cannabis (ACB) have been trending higher in the past few weeks, thanks to strong earnings in the sector. One trader sees shares moving even higher in the coming weeks. That’s based on the December 3 $9.00 calls. Over 26,340 contracts traded against an open interest of 199, for a 221-fold jump in volume. The trade has 17 days left to play out. The buyer of the calls paid $0.70 to make the trade. With shares already rallying ...
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