Trading Tips Blog

Kent Masters, Chairman, President and CEO at Albemarle Corp (ALB), recently bought 5,241 shares. The buy increased his holdings by over 49 percent, and came to a total cost of just under $1,000,000. He was joined by company president Netha Johnson, who picked up 1,060 shares at a cost of just under $188,000. The buy increased the President’s stake by about 17 percent. Overall, company insiders own just 0.3 percent of company shares. The stock is up about 23 percent in the ...
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Shares of wireless communication giant Qualcomm (QCOM) have been on a long-term surge over the past few years, although shares have been dropping with the overall market more recently. However, one trader sees the potential for a rebound in the coming weeks. That’s based on the March $175 calls. With 29 days until expiration, 2,828 contracts traded compared to an open interest of 171, for a 17-fold jump in volume. The buyer of the calls paid $5.30 to make the trade. Shares ...
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The stock market selloff has been hitting tech stocks the hardest. That’s turned some high-flying valuations into more reasonable ones. While maybe not an extreme value, companies that are able to report growing earnings in spite of the economic headwinds right now could be at a solid entry point. That’s especially true for industry-leading tech companies that are also contending with the issues of larger companies, such as regulatory ones. The perfect example of this is Nvidia (NVDA). The graphics processing giant ...
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Jane Scaccetti, a director at Penn National Gaming (PENN) recently added 1,975 shares. The buy increased her stake by over 4 percent, and came to a total price of just over $98,000. This marks the first insider buy at the company in the past year, since the same director picked up 820 shares at a cost of just over $99,000. Otherwise, company directors and executives have been big sellers of shares over the past two years. Overall, insiders own 1.6 percent ...
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Shares of defense contractor Lockheed Martin (LMT) moved higher on news of a potential war between Russia and the Ukraine. One trader is betting that shares will decline in the next few weeks as those fears decline. That’s based on the March $390 puts. With 23 days until expiration, 7,787 contracts traded against a prior open interest of 155, for a 50-fold jump in volume. The buyer of the puts paid $13.05 to make the trade. Shares last traded for about ...
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Earnings season has led to some wild swings, even in companies that tend to trade with low volatility. However, reading behind the headlines that led to a big swing – in either direction—can point to a different direction going forward once the market starts to calm down. With many tech stocks reporting earnings, many have been hit harder than necessary on small misses thanks to the recent fears in the markets. One such “loser” right now is Palantir Technologies (PLTR). The big-data ...
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Harry Sloan, a director at Lions Gate Entertainment (LGF.B), recently added 50,000 shares to his holdings. The buy came to a cost of $649,000 exactly. This marks the first insider transaction of the year. Another director was a steady buyer throughout 2021 and 2020, and the last insider sale occurred back in early 2019, so company insiders have generally been buyers of shares at the company. Overall, insiders own just under 2.8 percent of shares. Shares of the entertainment production company are ...
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Shares of cryptocurrency brokerage Coinbase (COIN) have been trading much like the overall crypto space ever since shares started trading last year. One trader sees the potential for a jump higher in the coming weeks. That’s based on the March 4 $205 calls. With 11 days until expiration, 2,514 contracts traded against a prior open interest of 109, for a 23-fold rise in volume. The buyer of the calls paid $9.20 to make the trade. Shares are in the low $190 ...
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