Trading Tips Blog

Wayland Hicks, a director at Schnitzer Steel Industries (SCHN), recently added 2,000 shares. The buy increased the director’s stake by just under 2 percent, and came to a total purchase price of $61,700. This marks the first insider buy at the company in the past three years. Company insiders, including both executives and directors, have been regular sellers of shares over the past three years, largely clustered around the issuance of stock options. Overall, insiders at the company own 5.8 percent ...
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Shares of tech and retail giant Amazon (AMZN) are more than 40 percent off of their 52-week high after adjusting for the stock’s recent share split. One trader sees a rebound in shares in the latter half of the year. That’s based on the December $166 calls. With 155 days until expiration, 3,019 contracts traded compared to a prior open interest of 124, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.86 to make ...
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Markets can turn on a dime. One piece of good news, whether from earnings reports, the Federal Reserve, or a change in government policy could turn around the current market fears. While there may be more downside first, that just gives investors a few extra weeks or even months to buy great companies at reasonable prices. That’s especially true when buying shares of consumer goods companies. These stocks tend to trade at a premium, but can become a reasonable value in ...
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Jay Joliat, a director at Earthstone Energy (ESTE), added 20,237 shares. The buy increased his holdings by nearly 10 percent, and came to a total price just under $236,000. This marks the first insider buy at the company since early 2021. Otherwise, company insiders, including both executives and directors. Over the past three years, the insider sales have been relatively consistent, with only a few periods of insider buys. Overall, insiders own just over 10 percent of the company. Shares of the ...
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Shares of semiconductor company Micron Technology (MU) have lost one-quarter of their value in the past year. One trader sees a possibility for further downside in the months ahead. That’s based on the December $52.50 puts. With 156 days left until expiration, 14,048 contracts traded compared to a prior open interest of 500, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.28 to bet on shares further declining. Shares recently traded for about $57.80, so ...
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In a bear market, good stocks will be thrown out with bad. And high growth names will be heavily discounted, while even those that can continue to grow will also face a downturn, even if things are going well. Investors can use bear markets to buy both growth names and value names at a relative discount to where they’ll trade once the next bull market is underway. Investors looking for bargains now could find one in Watsco (WSO). The company is ...
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Michael White, CFO at Piedmont Lithium (PLL), recently added 2,700 shares. The buy increased his stake by just under 26 percent, and came to a total cost of just over $101,000. The buy comes just a few weeks after a company director picked up 2,500 shares. Over the past three years, company insiders have been active as both buyers and sellers of the company stock, with sellers last year having the edge over buyers. Overall, insiders at the lithium producer own about ...
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Shares of investment bank Morgan Stanley (MS) have slid nearly 15 percent in the past year. One trader is betting that shares will recover in the next 18 months. That’s based on the January 2024 $85 calls. With 554 days until expiration, 2,000 contracts traded hands at a 42-fold rise in volume on the trade. The buyer of the calls paid about $4.10 to get into the trade. Shares recently traded just under $77, so the stock would need to rise about ...
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