Trading Tips Blog

Shares of silica producer U.S. Silica Holdings (SLCA) have been in a strong uptrend, more than doubling since February. One trader sees a continued rally in shares. That’s based on the January 2023 $10 calls. With 276 days until expiration, 9,183 contracts traded compared to a prior open interest of 124, for a 74-fold increase in volume on the trade. The buyer of the calls paid $11.60 to get in. Shares recently traded around $20.50, indicating that the calls are about ...
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After a massive surge higher in a number of commodities as Russia invaded Ukraine, prices for many such goods have come back down a bit. But company executives remain bullish on the space, and with ongoing tensions in many parts of the world, not to mention high inflation, the commodity bull market appears here to stay. Investors who buy top commodity stocks now, even with shares near 52-week or even multi-year highs, can continue to play this trend higher. One space that ...
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Robert Quartermain, a director and major holder at Dakota Gold Corp (DC), recently picked up 10,000 shares. The buy increased his stake by 0.14 percent, and came to a total purchase price of just under $50,000. The buy comes just a few days after the company President and CEO picked up 12,500 shares, at a price of just under $59,000. That constitutes the only two insider transactions since the company went public just a few weeks ago. Overall, company insiders own ...
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Shares of telecom company AT&T (T) dropped recently as the company completed a spinoff of its media properties. However, shares have been trending higher since. One trader sees a further move higher over the summer. That’s based on the September $22 calls. With 151 days until expiration, 3,603 contracts traded, a 24-fold jump in volume from the prior open interest of 150. The buyer of the calls paid $0.35 to make the trade. With shares last going for about $19.50, the stock ...
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When an industry is new, many companies will flourish. Over time, the market will determine the best winners in the space. It could come from a better product, a better brand, a better business model, or simply lower costs. Over time, that leads to consolidation as weaker players go out of business and smaller players are bought out. Investors who buy ahead of an offer can make money on the company being acquired. But owning the industry leader over time can ...
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Juliana Chugg, a director at Darden Restaurants (DRI), recently added 1,925 shares. The buy represents an initial stake at the company for the director, and came to a total cost of just over $248,000. This represents the first insider buy at the company since a cluster of 12 buys back in April 2020. Over the past two years, company insiders, including both executives and directors, have been consistent sellers of shares instead. Overall, company insiders own just 0.4 percent of shares. Shares ...
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Shares of megabank Bank of America (BAC) have been trending down in recent months, and shares just went negative over the past year. One trader sees the possibility for a rebound in the next few weeks. That’s based on the May 27 $50 calls. With 42 days until expiration, 10,023 contracts traded compared to a prior open interest of 278, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.34 to get into the trade. Shares ...
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Investors remain concerned as inflation is running at its hottest since 1981, and as commodity prices have spiked higher, weighing on the overall economy. But no matter how good or bad the economy has been, individual companies that have been able to grow their earnings can thrive in any market. That’s especially true when a company is in a space where poor performance in a weak economy is expected. One such example is American Airlines (AAL). The company reported that its Read More