Trading Tips Blog

Markets are fearful of inflation right now, as well as constraints from supply chain issues. That’s driving up the prices of commodities, some of which already had to deal with an imbalance between supply and demand. For investors, buying one of the worst-performing names in a sector undergoing a bull market with strong fundamentals can lead to better returns than buying a safer and more blue-chip name in the space. For the oil market, Occidental Petroleum (OXY) might be just such a ...
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Ron Coughlin, CEO & Chairman of Petco Health & Wellness (WOOF) recently bought 23,290 shares. The buy increased his holdings by just over 9 percent, and came to a total price of $400,000. The CEO has made two prior buys in September 2021, each for 46,600 shares. The company CFO and another insider have also been buyers in the past two months, with the only insider sales since the company went public coming from some major fundholders. Insiders own 46.4 percent ...
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Shares of commodity producer Freeport-McMoRan (FCX) have been moving higher in recent sessions, and are nearly back to 52-week highs. One trader sees that trend continuing higher in the next month. That’s based on the February 18 $46 call. With 35 days until expiration, 81,983 contracts traded against a prior open interest of 235, for a 349-fold explosion in volume on the trade. The buyer of the calls paid $2.19 to get in. $46.10 is a 52-week high for shares, and ...
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This decade promises to unleash a number of technologies that just existed on the drawing board until now. While much as been made about electric vehicles this past decade as they’ve gone into mainstream production, the real innovation is with automation. The rise of self-driving vehicles can free up a morning or evening commute, allow someone to work on other tasks or relax while being driven around. On the commercial level, the technology is even more promising. That’s because self-driving truck technology ...
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Daniel Springer, President and CEO of DocuSign (DOCU), recently added 18,700 shares to his holdings. That increased his stake by 1.1 percent, and came to a total price of just over $2.4 million. This is Springer’s third buy in the past few weeks, following a 1,076 share pickup for $152,000 on December 9, and a 33,675 pickup for $4.87 million on December 7. That’s amid the sale of shares from other company insiders and directors. Overall, insiders own 2.2 percent of ...
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Shares of video game publisher Take-Two Interactive (TTWO) dropped sharply on Monday as the company announced the merger offer for a rival. One trader sees shares recovering in the next two months. That’s based on the March $150 calls. With 63 days until expiration, 13,207 contracts traded against an open interest of 442, for a 30-fold jump in volume. The buyer of the calls paid $9.85 to make the trade. With shares right around $149, this is an at-the-money trade, which should ...
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The start of 2022 has seen interest rates start to quickly rise in anticipation of the Federal Reserve tightening monetary policy this year to help curb inflation. Rising interest rates are good for some companies, but can create tough situations for other companies. One such area is housing. Low interest rates tie into mortgage rates, and essentially how much of a home that one can afford. Other areas of the housing market are also impacted as well. Homebuilders are in the spotlight ...
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Durable Capital Partners LP, a major owner of Warby Parker (WRBY), recently added 407,615 shares to their stake. The buy increased the fund’s holdings by nearly 4 percent, and came to a total price of just over $17.5 million. That’s on top of a number of buys the fund made last year, including a 75,677 share buy back in mid-December for just over $3.3 million. Among other insider trades, the company co-CEO and a director have been sellers since the company ...
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