Trading Tips Blog

Shares of passenger carrier American Airlines (AAL) dropped nearly 9 percent on Friday, following the announcement of a new Covid variant. One trader is betting on a rebound in the months ahead. That’s based on the June $17 calls. With 198 days until expiration, over 4,690 contracts traded, a 31-fold jump in volume from the prior open interest of 150. The buyer of the calls paid $1.19 to do so. Shares last traded around $17.75, meaning the option is already $0.75 in-the-money, ...
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The rise of metaverse networks has the potential to reshape how people interact with each other in digital realms. While a number of companies large and small are investing heavily in the space, a number of existing companies could stand to profit from making a partial pivot into the space. That includes existing media companies, but also hardware companies supplying the key tech to building out the metaverse. One such player for this potential “Web 3.0” universe is a key builder of ...
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Charles Bunch, a director at Marathon Petroleum Corp (MPC), recently picked up 1,000 more shares. The buy increased his stake by 3.7 percent, and came to a total purchase price of just under $65,000. This marks the first insider activity since June 2019, when another director bought 12,500 shares. Going back further over the past three years, insiders have generally been buyers, with a few periodic sales from company executives. Company insiders own 0.3 percent of company shares. Shares have surged 56 ...
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Shares of cloud communications software company Kaleyra (KLR) have been rangebound over the past few months. However, one trader sees the possibility for shares to move higher in the next few months. That’s based on the May $12.50 calls. With 172 days until expiration, over 7,990 contracts traded compared to a prior open interest of 329, for a 24-fold rise in volume. The buyer of the calls paid $1.180 for the trade. With shares last trading just over $11, the stock would ...
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The semiconductor chip shortage has led to a number of companies both rise and fall over the past few months. Now, memory-related chips are starting to see a strong rally, even holding its own as other tech stocks have dipped in the past few days. The move higher may continue, as analysts are starting to upgrade these companies on their strong potential in the next few quarters as well. One potential winner in the space is Micron (MU). The memory chip maker ...
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Sandeep Mathrani, CEO of WeWork (WE), recently bought 29,600 shares. The buy increased his stake by 1.7 percent, and came to a total price of just over $250,000. This marks the first insider activity since the company went public earlier in the year. Overall, insiders own about 2.3 percent of WeWork, which went public via a special purpose acquisition company, or SPAC in October. The work colocation company was originally set to be one of the largest IPOs a few years back, ...
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Shares of telecom company Lumen Technologies (LUMN) jumped higher at the start of November, reversing a downtrend in place since April. One trader sees the rally continuing in the months ahead. That’s based on the June 17 $20 call options. With 202 days left on the trade, over 3,965 contracts traded hands, a 31-fold jump in volume from the prior open interest of 128. The buyer of the calls paid $0.30 to make the trade. Shares recently traded just under $14, so ...
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The Internet of Things (IoT) tech trend is one of many such tech trends investors point to as signs of a big opportunity in tech investments over the next decade. IoT looks particularly attractive as it means the interconnectedness of a number of technologies today, even if the trend as a whole may not sound as exciting as, say, electric vehicles or cryptocurrencies. Any company that can play to this trend can likely earn a profit over the next few years. But ...
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