Trading Tips Blog

Ryan Lance, a director at Freeport-McMoRan (FCX), recently added 31,000 shares to his holdings. The buy increased his stake by a staggering 368 percent, and came to a total price of just over $988,000. The move comes as another director bought 3,000 shares back at the start of August. Over the past three years, insiders have generally been more active as sellers rather than buyers of the company stock. Overall, insiders own about 0.5 percent of shares. The base metal producer is ...
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Shares of oil exploration and production company Ovintiv (OVV) are up 87 percent over the past year thanks to a strong energy market. One trader sees the possibility for a short-term drop in the coming weeks. That’s based on the October $45 puts. With 46 days until expiration, 12,906 contracts traded compared to a prior open interest of 299, for a 43-fold rise in volume on the trade. The buyer of the puts paid $2.43 to make the downside bet. The stock ...
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Some companies lead their sectors to new areas of growth. Others may hold back, to determine where the best prospect for growth is right now. Both can have their merits, if successful. A handful of today’s top tech trends should benefit all companies. That includes the rollout of the 5G network, the ongoing growth of electric vehicles, and the digitization of the economy. In the EV space, the past few years has seen a big shift by traditional automakers into the EV ...
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Vernon Nagel, a director at The AZEK Co. (AZEK), recently added 3,000 shares. The buy increased his holdings by 12.5 percent, and came to a total price of just over $55,500. The director was the last buyer of the stock, with a 5,000 share buy back in May for just over $94,000. Year to date, a number of company directors and executives have been buyers. Insiders were largely sellers in 2020 and into 2021. Overall, company insiders own 3.3 percent of ...
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Shares of logistics and trading company Ryder System (R) have broken even over the past year amid a more tumultuous return for the S&P 500 index. One trader sees that outperformance continuing with a further rally in the coming weeks. That’s based on the November $80 calls. With 79 days until expiration, 5,032 contracts traded compared to a prior open interest of 110, for a 45-fold rise in volume on the trade. The buyer of the calls paid $3.65. With shares recently ...
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Typically, the fall season isn’t good for the stock market. Much like a harvest season, it’s a time for reaping, not sowing. But in some parts of the economy, the fall can be a favorite time of year. Why? Because the pumpkin spice must flow. A favorite flavor of the fall season, pumpkin-themed flavoring in a variety of foods and beverages has exploded in recent years. That tends to bode well for the bottom line for a number of companies. The most ...
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Mark Lavigne, CEO at Energizer Holdings (ENR), recently added 3,000 shares. The buy increased his holdings by 2 percent, and came to a total price of just over $91,400. This is the second buy from the CEO in the past few weeks, following a 2,500 share buy. Over the past three years, insides haven’t been too active overall, but insider buying has generally exceeded selling. And company directors have been more inclined to be sellers, with company executives adding to their ...
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Shares of social media company Twitter (TWTR) are down 38 percent in the past year, amid heavy volatility over the potential takeover of the company. One trader sees shares declining in the coming weeks. That’s based on the November $34 puts. With 78 days until expiration, 4,249 contracts traded compared to a prior open interest of 213, for a 20-fold rise in volume on the trade. The buyer of the puts paid $3.70 to make the downside bet. Shares recently went ...
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