Trading Tips Blog

It’s no surprise that conventional energy stocks have been strong performers in the past year. From industry leaders to smaller players, rising energy prices have fueled market-beating performance. With oil nearing $100 per barrel, it may be unthinkable, but the commodity could further rally further. Given the amount of insider trades and unusual options activity in the energy sector we’ve seen over the past year and a half, it’s clear that institutional investors and experts are betting on a further rally ...
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Edward Ludwig, a director at CVS Health Corp (CVS), recently added 1,000 shares. The buy increased his holdings by 3.5 percent and came to a total price of just under $106,000. The director was also responsible for the last insider buy at the company last August, with a 3,000 share pickup for just under $239,000. Otherwise, company insiders have largely been sellers at the drugstore chain. Overall, insiders at the company own just under 0.2 percent of shares. The drugstore chain is ...
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Shares of social media company Pinterest (PINS) have been in a steady downtrend for the past year, shedding more than two-thirds of their value. One trader sees the potential for a rebound ahead. That’s based on the March $25 call option. With 29 days until expiration, 12,053 contracts traded compared to an open interest of 621, for a 19-fold jump in volume. The buyer of the calls paid $1.89 to make the trade. Shares recently went for just under $25, making this ...
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There’s an old saying that the Chinese word for crisis is also the same word for opportunity. That can be the case in the stock market often, as short-term fears create long-term buying opportunities for astute investors. That’s the case with many beaten-down tech stocks right now. While there are still some pockets of overvaluation, a number of opportunities are available for industry-leading companies at a reasonable price right now. One clear-cut example is Advanced Micro Devices (AMD). Last week’s market selloff ...
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Saba Capital Management, a major owner of Salient Midstream (SMM), recently added 35,636 shares. The buy increased the fund’s holdings by over 1.2 percent, and came to a total purchase price of just over $261,000. That adds on the fund’s other buys, including another 38,000 shares added earlier in February, as well as nearly 100,00 shares in January and over 100,000 in December alone. Outside of major fund holders, no insiders are recorded owners of the company since it went public. However, ...
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Shares of oil services company Baker Hughes (BKR) have been trending higher over the past year. One trader sees the potential for a big move higher in the coming months. That’s based on the September $33 calls. With 212 days until expiration, 4,164 contracts traded against a prior open interest of 138, for a 30-fold jump in volume. The buyer of the calls paid $2.13 to make the trade. The stock last went for about $29, so shares would need to ...
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The current economic data shows inflation is running hot, supply chains are strained, and consumers are increasingly uncertain. A company that can thrive and grow now is one that’s going to be rewarded by investors in today’s market. The best place to find such companies are one that offer a powerful brand, which tends to hold more value, or which offer a service, as services are removed from supply chain constraints and tend to be highly profitable. One such area that looks ...
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Kenneth Phelan, a director at Huntington Bancshares (HBAN), recently added 7,560 shares to his holdings. The buy increased his stake by nearly 14 percent, and came to a total price just under $120,000. The same director also picked up 20,000 shares back in November, at a price similar to where shares trade today. Otherwise, company insiders have more likely been sellers of shares over the past three years. Overall, insiders at the company own just under 0.9 percent of the shares. The ...
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