Trading Tips Blog

Shares of coal company Peabody Energy Corporation (BTU) have been volatile in recent sessions. One trader sees the possibility for a continued move higher this year. That’s based on the December $30 calls. With 282 days until expiration, 8,693 contracts traded compared to a prior open interest of 323, for a 27-fold jump in trading volume. The buyer of the call options paid $5.25 to make the trade. Shares were recently going for around $22, so they would need to rise $8, ...
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Current headlines are bearish, from rising interest rates to a potential global conflict following Russia’s invasion of Ukraine. However, dour headlines often pop up, but longer-term trends underway point to a better, not worse, future. That’s especially true with tech. The past decade has seen an explosion in digital transformation, and that trend looks likely to continue, even with the latest headlines today. No matter how those trends play out, however, they’ll need infrastructure to support them. The biggest piece of ...
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Anthony Noto, CEO at SoFi Technologies (SOFI), recently bought 15,000 additional shares. The buy increased his holdings by 0.5 percent, and came to a total price of just over $149,000. This marks the first insider buy since December, when the company’s Chief Risk Officer picked up 1,000 shares. Insiders have largely been sellers since the company went public last year, although major fundholders from before the IPO are the culprit for the overwhelming majority of those sales. Overall, insiders at the company ...
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Shares of information technology firm NCR Corporation (NCR) have been trading in a range over the past year. One trader sees shares rallying from this lower part of its range to the higher part. That’s based on the July $40 calls. With 128 days until expiration, 3,411 contracts traded compared to a prior open interest of 142, for a 24-fold jump in volume. The buyer of the calls paid $3.15 to get into the trade. With shares currently around $36.50, the option ...
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Any industry will eventually consolidate into a handful of players. One may dominate, but within the group of large players, one will usually be a value play. That company tends to have the potential to jump, at least once management finds a catalyst that can move shares higher. That offers investors a chance to get a solid bargain during a market downturn, and often a dividend growth play on top of that too. One instance is Intel (INTC). In the chipmaker space, ...
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William Giles, a director at Floor & Décor Holdings (FND), recently added 2,000 shares. The buy increased his holdings by 51 percent, and came to a total price of $192,000. The buy came a few days after another director bought 800 shares, paying over $77,000 to do so. Otherwise, insiders have been sellers at the company going back to May 2020. Overall, company insiders own about 2.3 percent of shares. Shares of the home flooring company are up about as much as ...
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Shares of iron ore producer Vale (VALE) have been rising in recent weeks as commodity prices have been soaring higher. One trader sees the possibility for a further move from here. That’s based on the September $25 calls. With 192 days until expiration, 7,504 contracts traded hands compared to a prior open interest of 128, for a 59-fold jump in volume on the trade. The buyer of the calls paid $0.69 to make the trade. Shares last traded around $20, so they ...
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Although inflation remains high, consumers are continuing to buy. That might be to get ahead of continued expected price increases, or simply a reflection that the economy is running hot. There are a number of ways to play the retail trend. Many have been reporting solid earnings right now. One recent reporter hasn’t had good numbers, but the market likes what it has to hear anyway. Electronics giant Best Buy (BBY) is the company that reported mixed earnings. The holiday season ...
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