Trading Tips Blog

Daniel Loeb, a major holder at SentinelOne (S), recently picked up another 200,000 shares. The buy increased his stake by just over 10 percent, and came to a total price of just under $9 million. This follows up on his initial buy earlier in the month of just under 2 million shares, an $81.1 million commitment. One other large fund has also been a buyer in the past month. This marks all insider transactions since the company went public in ...
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Shares of department store chain Nordstrom (JWN) have been trading in a range year-to-date. Shares now trade at the lower end of that range, and one trader is betting on a move higher. That’s based on the August $32.50 calls. Over 8,975 contracts traded, an 84-fold jump in volume over the prior open interest of 107. The buyer of the calls paid about $2.19 to make the trade. With shares currently around $32.70, the option is an at-the-money trade, and could deliver ...
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Shares of GameStop (GME) dropped heavily last week, adding to weeks of sagging since its last earnings report. One potential culprit? Netflix (NFLX), which announced that it hired a former executive from the video game space to develop video games for the streaming giant. Shares of both companies ended up falling the day the news was announced. Many analysts have questioned the move, given the high development costs of video games from scratch. With rising competition in the streaming space, it’s ...
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Michael Mathews, CEO of Aspen Group (ASPU), recently bought 10,000 shares. The buy increased his stake by more than 1 percent, coming to a total value of $58,000. He was joined by the company COO, who made a 2,000 share buy the day before, totaling nearly $12,000, and a director buy totaling 4,000 shares as well. Overall, company insiders own 6.2 percent of company shares. These trades mark the first insider buys since last March. Prior to that, company executives have ...
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Shares of telecom company Verizon (VZ) have been trading in a narrow range over the past year. One trader sees shares moving higher, possibly back to the top of their trading range, if not higher. That’s based on the September $50 calls. Over 10,000 contracts traded against a prior open interest of 336, for a 30-fold rise in volume. The buyer of the options paid about $6.75 to make the trade. Shares of Verizon last traded near $56.50, leaving this option about ...
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The airline industry is back. Earnings season is still unfolding, but the airlines, which looked like they may be facing years of challenge ahead at the start of the pandemic, are already at or near profitability. Delta Airlines (DAL) has led the way with earnings so far. The company earned $1.02 per share, excluding special items on its earnings. The move comes as domestic travel rebounds to pre-pandemic levels. Given that Delta was expected to lose $1.33 per share, the results ...
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Michael Keller, a director at Super League Gaming Inc (SLGG), recently picked up 20,000 shares. The buy increased his holdings by over 11 percent, and came to a total purchase price of just over $97,000. This is the second buy from this insider in the past year, following a 17,000 share buy in April. Company insiders, including C-suite executives and directors have all been buyers in the past 3 years. Overall, company insiders own over 14 percent of shares. It’s easy ...
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Shares of car manufacturing giant Ford (F) have been doing well this year. One trader sees that trend continuing well into the next year. That’s based on the June 2022 $22 calls. The trade has 336 days left until expiration. Over 6,200 contracts traded against a prior open interest of 320, for a 19-fold rise in volume. Based on where shares last traded in the low $14 range, the stock price would need to surge over 54 percent to move in-the-money. The ...
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