Trading Tips Blog

Shares of specialty industrial machinery company Colfax Corporation (CFX) have been trending higher in the past year, although the share appreciation has slowed in recent months. One trader sees the possibility of a drop in the months ahead. That’s based on the December $40 puts. 5,000 contracts traded hands, a 48-fold rise in volume from the prior open interest of 105. The trade has 91 days until expiration. The buyer of the put paid $0.85 to make the trade. A strike price ...
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Company leadership changes over time. New leadership can bring about fresh energy, new ideas, and potentially find new ways to grow a business. Such leadership doesn’t always have to come from the CEO seat as well. That could be the case with Goldman Sachs (GS), which just announced a new CFO to replace the retiring one after a three-year tenure. Shares have had some strong performance over the past three years, rebounding strongly from the pandemic to new highs. The investment ...
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Jason VanWees, an Executive Vice President at Teledyne Technologies (TDY), recently picked up 1,500 shares. The buy increased his stake by nearly 4 percent, and came to a total price of $639,000. This marks the first insider buy since March, when a cluster of company insiders picked up shares. Prior to that, company insiders have been sellers going back to 2018. Insiders own about 1.3 percent of the company. Shares of the aviation electronics company have performed about in-line with the ...
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Shares of cable giant Comcast Corporation (CMCSA) slid on Tuesday as the company warned on declining cable subscribers. One trader sees the room for a further drop in the months ahead. That’s based on the November $50 puts. With 64 days left on the trade, over 32,100 contracts traded against an open interest of 201 contracts, for a 160-fold jump in volume. The buyer of the puts paid $0.85 to make the trade. With shares currently around $55, it would take ...
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Earnings season has been solid the past few quarters for most stocks. Companies have been reporting numbers that crush pandemic levels from over the past year. Now, however, companies are getting past the worst of the pandemic, and growth has been slowing from the artificial boost from reopening (or providing a useful service during the pandemic. That’s creating some modest selloffs, but also some modest buying opportunities. Case in point? Oracle (ORCL). The tech giant, best known for database technologies, has been ...
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Thomas Grant, a director at SelectQuote (SLQT), recently bought 144,533 shares. The buy increased his stake by nearly 6 percent, and came to a total price of just under $1.8 million. Grant was joined by another director who bought 10,000 shares on the same day, at a cost of just over $133,000. And the day before, another director bought 1,000 shares. Overall, company insiders have been active and massive buyers since August. Prior to that, insiders, primarily larger owners, have been Read More

Shares of megabank Wells Fargo (WFC) have traded mixed over the past month, as the company largely missed on earnings. Over the past year, shares have been trending up. However, one trader sees a possibility for a big drop in shares at some point before next spring. That’s based on the April $32.50 puts. Over 16,015 contracts traded, a 96.5-fold rise in volume compared to the prior open interest of 166 contracts. The buyer paid $0.84 for the contract. The trade has ...
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Times are changing for many tech companies. Regulators around the world are looking into how tech companies collect and store data, or how they provide marketing or payment services to third-party providers. The latest company to take a hit? Apple (AAPL). Last week, a US District Judge ruled that the company need to allow developers alternative payment methods for purchases and apps made in the Apple app store. The ruling led to an immediate drop in Apple shares on Friday, with a ...
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