Trading Tips Blog

Shares of online travel agency Expedia Group (EXPE) has been trending down slightly in recent months as the market has largely priced in the reopening trade. However, one trader sees shares moving higher in the coming months. That’s based on the November $165 calls. Expiring in 129 days, over 12,810 contracts traded against a prior open interest of 205, for a 62-fold rise in volume. The buyer of the calls paid about $14.40 on average to make the trade. With shares around ...
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Some companies assume that when things are going well, that trend will continue forever. That can sometimes lead to unpleasant surprises. During last year’s pandemic, a number of companies cut or suspended dividends or share buybacks, for instance. However, companies in the commodity space tend to recognize the power of cycles. When things are going well, they may be more inclined to pass the good times on to shareholders rather than overinvest when times are good. Case in point? Royal Dutch Shell ...
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Dustin Moskovitz, President and CEO at Asana (ASAN) recently picked up over 1.1 million shares of the firm. The total cost of the buy came to just under $70 million, and was made over a number of days last month. The buys increased his stake by over 15 percent in total. Over the past few months, other company insiders have generally been sellers, but those total sales have been less than this high level of purchases by the CEO. Overall, company ...
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Shares of digital advertising firm The Trade Desk (TTD) have been trending higher in the past few weeks after a longer-term slump. One trader sees the shares continuing higher. That’s based on the October 15 $75 calls. With 98 days until expiration, over 41,150 contracts traded, a 154-fold jump in volume from the prior open interest of 260. The buyer of the call paid about $10.25 to make the trade. Shares last traded north of $77.50, putting the call options about $2.50 ...
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The economy has been moving strongly past the pandemic, but concerns over inflation and supply chain disruptions have led to some uncertainty. While markets are generally heading higher, one area is likely to continue plugging along at a steady and growing rate. That space? Retail. Pent-up consumer demand is coming out as the labor market looks to not only stabilize, but do so at higher wages. That bodes well to companies across the retail spectrum. Most investors would do well to focus ...
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Jessie Knight, a director at Alaska Air Group (ALK) picked up another 1,200 shares last month. The buy increased the director's stake by nearly 32 percent, and came to a total purchase price of just over $66,000. That marks the first insider buy at the airline since a prior buy from the same director in November 2020. Overall, c-suite company insiders have been sellers of shares over the past three years, while company directors have been more inclined to make ...
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Shares of ecommerce platform Newegg Commerce (NEGG) traded in a narrow range for the past few months, before exploding more than 300 percent higher in recent sessions. One trader expects that move higher to continue in the next few days. That’s based on the July 16 $30 calls. With 8 days until expiration, over 3,140 contracts traded against a prior open interest of 112 for a 28-fold jump in volume. In recent sessions shares have jumped from around $10 to about ...
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There’s nothing wrong with a company trading in a range, moving up a little and down a little, but mostly unchanged over time. But investors who look for catalysts can likely find hints as to whether a company will break out of its range higher or lower. Right now, one range-bound stock is also one of the biggest out there. Shares of Amazon (AMZN) have been stuck in the low $3,000 range after a massive rally over the past few years. Now, ...
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